Skip to comments.Coffee Is About To Get More Expensive Everywhere
Posted on 06/21/2014 4:33:09 AM PDT by blam
DANIELLE WIENER-BRONNER, The Wire
Jun. 20, 2014
Months after we all started fretting over the prospect of a global coffee shortage, it seems we might actually start to feel the caffeine-related effects of Brazil's massive drought and Central America's coffee fungus, in the form industry-wide retail price increases.
The Washington Post reported back in February that coffee costs were expected to rise later in the year:
For now, retail prices for coffee are stable. Roasters typically have enough supplies to cover themselves for a few months. But if the price of the Arabica (pronounced uh-RAB-ick-uh) beans continues to rise, consumers could start seeing the cost of their morning coffee creep up later this year.
And that's exactly what appears to be happening. Starbucks said today that consumers at more than 7,100 stores in the U.S. should expect prices on some drinks to jump by 5 to 20 cents each.
(Excerpt) Read more at businessinsider.com ...
"Analysts warn the high prices for both food and gas are here to stay for a while. "
drink up —
People may actually sleep in Seattle.
You mean Starbuck’s overpriced prices are going to be overpriced? Sucks for the economy but coffee is a filthy beverage as anyone who has ever had to clean a break room can attest.
Notice that they announced their price increase at Starbucks on “News Dump Friday”.....
Food prices are rising at double digit rates. I watched the bologna I buy go from 4.98 to 5.63 the other week, a 13 percent jump in price.
Its been going on for years now.
I heard about a 15 percent food inflation rate in Australia when I listened to a local news broadcast a few years back and the BBC has since published on its website a story about a 15 percent food price inflation rate worldwide.
I drink the Newmans Own k-cups for the keurig and I swear they changed it to the point it tastes like dishwater now.
Just heard on the business news on Thursday morning that the drought wasn’t that severe, and coffee prices should be coming down. Maybe Schulz at Starbuck’s is just paying for that college program for his employees.
Have You cleaned the machine?
Changed the water filter in it?
Oil prices are way up because of Iraq and Russia.
Starbucks sells real coffee? When did THAT start?
This is at the end of march. I've since read that the year to date rate is 22%. Food prices always climb when Commies are in charge.
My stash is down to about 4 or 5 cans now and I've been waiting for the price to dive again .... guess it won't happen.
I've got about 40 lbs of unsalted butter I got at $1.60 or so about a year and a half ago ... some grocery couldn't sell the un-salted butter so they slashed the price and I haven't bought butter in all that time.
I've been doing this for years.
I’ll bet you think guns kill people too ....
Glad I can’t stand coffee, never could. Love the aroma though.
I know that everyone is buying and using the keurig but I have never had a cup of coffee from one that really tasted like coffee. Mr. M and I use a french press and grind our own. We just bought our son (Mr. Coffee Snob) a roaster so he can roast his own. I don’t own one because I don’t even know where to buy unfrosted coffee. Mr. Mercat, Jr. says that the key is finding beans that have been roasted in the past week. Any older and they start to lose their flavor. I can’t really tell the diff but it makes him happy.
Any Keurig type machine with a water reservoir grows mold very quickly in the reservoir and in any of the tubing, nooks or crannies that always holds water. Anyone with a Brita pitcher knows this if they've left the pitcher out of the refrigerator for a few days.
I have a Keurig machine for over three years and NEVER had that problem...we go six months between cleanings with white vinegar...
Isn't most public water system sanitized and cleaned before it flows into your home?
Or maybe a touch more chicory. ;-)
Lot of stories about how this or that is about to get a lot more expensive or scarce (same thing) and yet we are told inflation is “contained”.
I have stocked up on espresso ground coffee also, I still get value from a local dented can store. The ones in our area are run by the amish. I can get the latin espresso grinds in 8 to 10 oz size for $1.99. It is in the vacuum brick or can. It is stronger than the European brands.
We get a great deal of stuff at these stores, for example the larger cans of tomatoes in various forms are three for a dollar. Treat the dented cans like home canned items and check them after opening. Some out of date stuff we do not get, baking types of items, most others are no problem.
For grocery items these types of places are the best value around, yesterday I got small tuna steaks, first time they had that. You are not quite sure what they will have.
Don’t think the drought in South America will have much of an impact on SE Asian coffees, so my preferred Trung Nguyen coffee prices will likely be unchanged.
You came here from lucianne.com dincha?
A rising tide raises all boats.
Chicory is one of the oldest recorded types of plants. Chicory is native to Northern Africa, Western Asia and Europe, and its cultivation is thought to have originated in Egypt in ancient times. Later, chicory was grown by Medieval monks in Europe (at which time commonly added to coffee by the Dutch). It was brought to North America in the 1700s and has been a popular coffee substitute or an ingredient in coffee in France since around 1800.
I disagree. Coffee is a gift from God.
Sadly, the filthy idiots who make your life miserable in the breakroom enjoy it, too. It's not the coffee, it's the @ssholes you work with.
A better way of dealing with coffee shortages and price spikes: mix two parts coffee with one part chicory. The result is less expensive, has less caffeine, and is delicious. Order some coffee with chicory from Amazon or numerous other online merchants, or grab a cup the next time you're in the New Orleans area. You can also buy coffee with chicory at Walmart and other grocery stores throughout Louisiana, southeast Texas, southern Arkansas, and most of Mississippi and Alabama and in the Florida Panhandle.
Most public water systems treat the water with sodium hypochlorite or bleach. This takes most of the impurities out of the water to make it safe by state standards.
That’s a really weird chart though, it goes from around 410 in October, to under 370 in December or a 10% drop, then back up to 430 or a 5% gain, still bad, but not quite the headline of 20%.
“Food prices are rising at double digit rates. I watched the bologna I buy go from 4.98 to 5.63 the other week, a 13 percent jump in price. Its been going on for years now. I heard about a 15 percent food inflation rate in Australia when I listened to a local news broadcast a few years back and the BBC has since published on its website a story about a 15 percent food price inflation rate worldwide.”
Americans will be given a “natural disaster” explanation for every food group as inflation eats away their income. While pretending there in no inflation, our “president” encourages minimum-wage hikes (to combat that same non-existent inflation).
Food isn’t growing more scarce (we have the fattest poor people in the world); our dollars are being devalued.
My town has only 3 grocery store now. The highest priced store, for some reason, has their store brand Columbian coffee at just under $7. Just a couple of years ago, that same can was nearly $14. And that is for the 34 oz size. I have been stocking up — $7 for a 34 oz can is a bargain.
Walmart’s Columbian is about the same price — just under $7, but their can had been package-shrunk to 27 oz.
I have noticed many products either experienced product shrinkage or increased pricing or both.
Walmart’s pork skins, for example, were about $1.28 a couple of years ago. They jumped to about $1.57 last year and are about $1.89 now for the same size bag.
I have noticed my weekly grocery shopping totals [for just me] have increased from around $30 four years ago to $40 two years ago to $60 now — and that is buying typically the same items each week.
Of course it is going to make a mess if you spill it. If I crushed a few blueberries on your dining room table or wiped a slab of raw meat across it, that would make a mess too, requiring you to clean it.
Coffee is actually very cheap. I think the marketplace could easily sustain a tripling of price without losing much demand.
Awesome but we don’t have a roaster. I might have to ask for one for Christmas though.
They have roasted beans and tea, also.
” I dont even know where to buy unfrosted coffee.”-—
Frankly I prefer my coffee without frosting. :-)
I’ve been seeing articles about coffee shortages and price increases for years now.
We don't have a Keurig and don't want one. My husband brews up the best cup of coffee I've had in a $40 Mr. Coffee.
Read somewhere you can stretch your coffee by adding aged sawdust