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Coffee hits 13-year high; retail prices also up
AP ^ | September 8, 2010 | SANDY SHORE

Posted on 09/08/2010 6:20:45 PM PDT by george76

Coffee prices hit a 13-year high Wednesday, extending a rally that has sent prices up about 43 percent in the past three months.

Sen. Charles Schumer , D-N.Y., says he wants U.S. Trade Representative Ron Kirk to warn some major coffee growers in Brazil and Vietnam not to stockpile their crops. He said that could boost coffee futures contracts even more.

(Excerpt) Read more at signonsandiego.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; US: New York
KEYWORDS: charlesschumer; coffee; coffeefutures; coffeegrowers; schumer

1 posted on 09/08/2010 6:20:46 PM PDT by george76
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To: Marie Antoinette; listenhillary

DANG!


2 posted on 09/08/2010 6:23:09 PM PDT by Big Giant Head (Two years no AV, no viruses, computer runs great!)
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To: george76

Or what Chuck, you gonna invade?


3 posted on 09/08/2010 6:24:22 PM PDT by Wiggins
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To: Big Giant Head

Still cheaper than many vices.


4 posted on 09/08/2010 6:25:03 PM PDT by listenhillary (A 50% cut of federal spending would be a good place to start.)
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To: george76

I like my two cups in the morning but as with orange juice I can live without it.


5 posted on 09/08/2010 6:26:40 PM PDT by Wiggins
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To: george76
I'll do the same I did with cigars and just quit.....But with coffee, I'll just cut my consumption in half...Drink too much anyway....

I love being cheap and love refusing to pay higher prices when possible.

It's a win win.

6 posted on 09/08/2010 6:27:04 PM PDT by dragnet2
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To: george76

Interesting....my local grocer seems to have a good deal on coffee (regular name & house brands, not the fancy stuff) every week. But, no coffee specials in his ad flier this week!

I’m going shopping tomorrow; I’ll report back on what I find from southern Wisconsin. ;)

My gold & silver are doing really well, though! I’m looking for great Fall-into-Winter prices on those commodity shares. :)


7 posted on 09/08/2010 6:29:11 PM PDT by Diana in Wisconsin (Save the Earth. It's the only planet with Chocolate.)
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To: george76

Just received a case of Melitta classic tonight.
Yom!

https://shop.melitta.com/itemdy00.asp?T1=60+131&Cat=


8 posted on 09/08/2010 6:29:22 PM PDT by mylife (Opinions $1 Halfbaked 50c)
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To: george76

Might be time for a spot of tea, I do like a cup of fee in the morning though


9 posted on 09/08/2010 6:31:55 PM PDT by aeonspromise
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To: george76

I always have a three can backup. I’m not picky. Folger’s Colombian is $6.99 this week. I imagine it will be going up to 10 bucks soon.


10 posted on 09/08/2010 6:32:10 PM PDT by mplsconservative (I stand with Israel.)
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To: george76

If coffee drinkers would cut coffee consumption by 15% the price would come down in a hurry. And it would be healthier too.


11 posted on 09/08/2010 6:32:45 PM PDT by kittymyrib
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To: kittymyrib
If coffee drinkers would cut coffee consumption by 15% the price would come down in a hurry.

I'll cut my intake 50 percent, just to be in there face.

Being cheap is sweat revenge...

More money in my pocket too!

12 posted on 09/08/2010 6:35:19 PM PDT by dragnet2
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*Their* face too!


13 posted on 09/08/2010 6:35:54 PM PDT by dragnet2
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To: mplsconservative

7 bucks for folgers?!!!

Check out that Melitta.
All I buy is the classic blend.
It is like espresso grind.
I make that in the espresso machine.
Seems to drip well in a drip machine.
Never bitter.


14 posted on 09/08/2010 6:38:36 PM PDT by mylife (Opinions $1 Halfbaked 50c)
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To: george76

I went grocery shopping today and was struck by a couple of items which had not just gone up but had nearly doubled in price.

The first was butter. It was so high that I bought margarine for maybe the first time in years. Also all brands of bacon were way up. I didn’t notice too many other things but the reason those caught my attention was the amount of increase. Oh, and milk also had gone up but not as much.


15 posted on 09/08/2010 6:45:21 PM PDT by yarddog
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To: george76

I am a bit of a coffee whore.

If the world ended as we know it I would prostitute myself for a cup of 100% Kona coffee.

Yeah, I’ve got it that bad.


16 posted on 09/08/2010 6:46:35 PM PDT by TSgt (And the war came.)
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To: kittymyrib

Cutting my coffee consumption by 15% would be a little difficult as I’m not a math genius. I guess that would cut me down to 4 and 1/4 cups a day. I LOVE coffee! As far as health, it seems to ward away Alzheimer’s in my family. The non-coffee drinkers all got the dreaded disease. Unfortunately, I smoke too, but fortunately we have all avoided the things like Alzheimers, etc. My aunt made it to 90 and grandparents to late 80’s. I really wouldn’t want to live longer than that.


17 posted on 09/08/2010 6:47:29 PM PDT by mplsconservative (I stand with Israel.)
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To: mylife

Ya but Melitta is $4.49 for 11 oz versus Folgers 34 oz tub. So nearly double the price. I like Folgers, too.


18 posted on 09/08/2010 6:48:16 PM PDT by Big Giant Head (Two years no AV, no viruses, computer runs great!)
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To: yarddog

Yah, butter was a bit of a surprise. I thought I could ride-out the coffee spike, but it looks like I’m on the wrong end. I’ll be stopping-by Wal-Mart tomorrow to see if it still has the Maxwell House in stock at the price I saw last week.


19 posted on 09/08/2010 6:53:00 PM PDT by 1rudeboy
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To: mylife

Yup. I got a deal on Folger’s for $5.99 this summer. I bought three plastic thingies of it.

I’m picky when it comes to food, but I take my coffee black and strong (and obviously not very good tasting!) I’m in it for the caffeine.


20 posted on 09/08/2010 6:54:29 PM PDT by mplsconservative (I stand with Israel.)
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To: Big Giant Head

Melitta is awesome!

Yeah, folks are playing container games lately.

I generally drink Folgers Columbian when I dont have Melitta Aribica available.

But its night and day.

The Melitta is what I like. “Classic Blend”


21 posted on 09/08/2010 6:55:57 PM PDT by mylife (Opinions $1 Halfbaked 50c)
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To: george76

Yeah, Chuckie “Democrat” Schumer. Don’t compete - just threaten.


22 posted on 09/08/2010 6:57:41 PM PDT by VeniVidiVici (It's easy being a communist when you're rich.)
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To: mplsconservative

What ever flutters your putter! LoL

I like it strong too, but I like it smooth.
I dont like that oily harsh that dark beans have.


23 posted on 09/08/2010 6:58:39 PM PDT by mylife (Opinions $1 Halfbaked 50c)
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To: george76

BTW.
Did I mention Ron Kirk is a POS?


24 posted on 09/08/2010 6:59:29 PM PDT by mylife (Opinions $1 Halfbaked 50c)
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To: mylife

Re your post 14, it’s good to find another fan of Melita’s coffee (Classic blend, too). Good stuff. As you say, never bitter.


25 posted on 09/08/2010 7:01:08 PM PDT by OldPossum
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To: OldPossum

All around I find it a very fine coffee for a very fine price.

I used to get it for $2.50~2.99 a can and its delicious.
Love the extra fine grind.

NEVER BITTER


26 posted on 09/08/2010 7:03:59 PM PDT by mylife (Opinions $1 Halfbaked 50c)
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To: Big Giant Head; stylecouncilor

Da Nang.


27 posted on 09/08/2010 7:15:23 PM PDT by onedoug
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To: george76

Doesn’t the agent orange coffee have a whole log of filler in it?


28 posted on 09/08/2010 7:51:31 PM PDT by Rannug (If I were a dog, I would hope mr mt suit would be a tree. Or a fire hydrant.)
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To: mylife

Fortunately, my hubby stocks up coffee every time he finds a “deal” on it. So we have quite a stock on the shelves.


29 posted on 09/08/2010 7:54:22 PM PDT by WVNan
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To: mylife

“It is like espresso grind. I make that in the espresso machine. Seems to drip well in a drip machine”

Ground some beans extra fine while on vacation a few mos. back for a morning pot of joe. The stuff was so fine the entire pot never made it past the filter which backed-up and poured all over the counter of the rental cabin.


30 posted on 09/08/2010 7:59:26 PM PDT by Rebelbase (Political correctness in America today is a Rip Van Winkle acid trip.)
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To: Wiggins

Cant live without dont want to live with out it !


31 posted on 09/08/2010 9:28:27 PM PDT by since1868 (I miss Pres Bush)
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To: mplsconservative

I pay about 4 bucks for a can of french Roast.
If i buy the store brand roast its 2.50
and is really not too bad.


32 posted on 09/08/2010 9:31:34 PM PDT by since1868 (I miss Pres Bush)
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To: TSgt

WORLD ENDING NOTICE- “100% Kona coffee available for cute chicks only in CA. If you’re not here, get here. If you’re not cute, try Texas.”


33 posted on 09/08/2010 9:35:29 PM PDT by REDWOOD99
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To: since1868
Then you are hooked. The coffee bean cartel owns you. There is only one way out.

This stuff was awful.

34 posted on 09/08/2010 9:38:49 PM PDT by Wiggins
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To: Wiggins

Yes I am I have been addicted to things a lot more dangerous
Postum ism gross


35 posted on 09/08/2010 9:51:34 PM PDT by since1868 (I miss Pres Bush)
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To: Wiggins

Yes I am I have been addicted to things a lot more dangerous
Postum ism gross


36 posted on 09/08/2010 9:51:40 PM PDT by since1868 (I miss Pres Bush)
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