The coffee giant buys 3% of the world's coffee supply, which has been pressured in recent years due to extreme weather.
Starbucks is investing in two new farms in Central America to get closer to a goal of protecting its coffee supply from climate change.
Rising temperatures, frosts in Brazil, three consecutive years of La Nina and other extreme weather have been hurting coffee production in recent years, putting pressure on supply. For Starbucks, which buys 3% of the world's coffee, the shortages can mean scrambling to find Arabica beans — andfor its customers.
"We can develop new hybrids, but the fact that a hybrid works in one country and under certain conditions doesn't mean that it's going to be working everywhere," Vega said.
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