By Daily Mail Reporter
Published: 00:14 BST, 6 May 2019 | Updated: 00:26 BST, 6 May 2019
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For those who cannot do without their shot of caffeine in the morning, this might perk them up.
The cost of a coffee could start to fall after drops in the price of coffee beans and milk. Bumper crops in Brazil and good spring weather in Britain have combined to send the prices falling.
Markets trading in coffee beans report the lowest bulk prices for a decade, falling by 21 per cent for cheap robusta beans which are used in instant coffee, and by up to 25 per cent for arabica, the type used in upmarket ground versions.
Bumper crops in Brazil and good spring weather in Britain have combined to send the prices of coffee beans and milk falling
Meanwhile, warm British weather in spring improved the quality of the grass cows feed on, which makes them produce more milk. Prices in supermarkets have fallen by about 6p for four pints.
Brazil's farmers, who account for half the world's production of arabica, have now produced a record 63.4 million bags in a year, up 13 per cent on the previous 12 months, thanks to soaring export demands from countries such as