Loading...
Market
Which country will Starbucks select for next climate-proofing farm by end of 2025?
2
Resolution / Starting Odds
Colombia • 25%
Ethiopia • 25%
Vietnam • 25%
Other • 25%
Starbucks press releases or credible news sources
Story
Starbucks ($SBUX) Opens New Climate-Proofing Coffee Farms in Guatemala and Costa Rica
Oct 3, 2024, 10:04 AM
Starbucks Corp. has announced the opening of two new coffee farms in Guatemala and Costa Rica as part of its global initiative to protect the future of coffee. These innovation farms will focus on climate-proofing coffee production by testing various technologies, including drones and microbes. The move comes in response to a recent massive drought in Brazil that has driven coffee and orange prices up, with the latter increasing threefold. Starbucks trades under the ticker $SBUX.
View original story
Similar markets
Canada • 25%
Europe • 25%
Asia • 25%
Other • 25%
New product launch • 25%
Cost-cutting measures • 25%
Expansion into new markets • 25%
Other • 25%
Yes • 50%
No • 50%
New Beverage Line • 25%
New Food Line • 25%
New Merchandise Line • 25%
No New Product Line • 25%
CEO replacement • 25%
CFO replacement • 25%
COO replacement • 25%
No significant changes • 25%
Non-dairy milk policy changes • 25%
Return of condiment bars • 25%
Menu simplification • 25%
Other operational upgrades • 25%
Soy Milk • 25%
Oat Milk • 25%
Almond Milk • 25%
Coconut Milk • 25%