Investor's Business Daily

Starbucks (SBUX) bought its 1st coffee farm, in Costa Rica, where it plans to research a fungus that's devastating Central American coffee crops. The coffee house chain will convert the 600-acre active farm to a research center to study the roya fungus, also known as leaf rust, which spread to farms in higher altitudes. Shares fell 0.2% to 56.83.


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