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Oddly, soaring coffee prices may hurt peasant growers

By admin on Friday, August 26th, 2011 | No Comments

WASHINGTON — Soaring coffee prices mean good times for peasant growers, but because financial speculation in part is fueling the prices, the high price tags eventually could threaten suppliers of organic and other “socially conscious” coffees. U.S. retail coffee prices are up more than 20 percent over the past 12 months and more than 57 [...]

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Got 10 bucks for a cup of joe? Speculators bid up coffee prices

By admin on Friday, August 26th, 2011 | No Comments

What gives? Coffee-industry veterans blame financial speculators. They say they’re taking advantage of global supply hiccups to drive up coffee prices by adding volatility to the trading of contracts for future delivery of coffee. It’s not as debilitating to family income as high crude oil prices, but the phenomenon is the same. “It’s definitely not [...]

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Smucker Cuts Packaged Coffee Prices 6%

By admin on Tuesday, August 16th, 2011 | No Comments

ORRVILLE, Ohio (TheStreet) — J.M. Smucker(SJM) cut the price of its Folgers and Dunkin’ Donuts(DNKN) brands of packaged coffee as commodity prices for green coffee beans came off decades-long highs. The move to decrease consumer prices for packaged coffee sold in U.S. supermarkets reversed a trend seen earlier this year when Smucker raised coffee prices [...]

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Sip, Savor, Save: The Answer to High Coffee Prices

By admin on Tuesday, July 19th, 2011 | No Comments

  CLOSTER, N.J., July 19, 2011 /PRNewswire/ — With the average price of coffee rising by more than 50 percent since the beginning of 2010, you have no doubt seen the price of your daily latte or cappuccino go up as well. While you may decide to cut back on visits to the coffee shop, [...]

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Peaking prices raise revival chorus for coffee

By admin on Sunday, July 3rd, 2011 | No Comments

Fair winds are blowing the country’s coffee sector away. The cash crop’s prices have been peaking much to the delight of the plantation sector that has seen many rough patches in the past. Coffee being the world’s most widely consumed beverages, the International Coffee Organisation (ICO) as also the Food & Agricultural Organisation (FAO) forecasts [...]

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