Despite losses in Central America, coffee market still wary of Chinese beans
Despite a dwindling supply of beans and soaring prices, the coffee industry is still wary of turning to China for new supplies.
Earlier this month, Starbucks Corp. signed a deal with the government of Yunnan Province in southern China to open the company's first coffee-bean farm in the country.
Central America's high-quality beans are scarce after a violent hurricane season damaged infrastructure and spread plant disease. But the coffee market is slow to embrace new sources of beans.
Original source: Wall Street Journal