US EditionUS coffee prices set to rise as global supply chains struggle
- Americans can expect rising coffee prices due to multiple supply chain factors, impacting their daily purchases.
- Wholesale arabica coffee prices hit a record $4.30 a pound in February, doubling last year's price.
- Ground roast coffee averaged $7.25 a pound in February, according to government data.
- Green coffee bean exports from Brazil fell by 11.3% in December due to severe droughts, as reported by the International Coffee Organization.
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US coffee drinkers can expect rising prices as perfect storm of factors impact global supply chains
Americans can expect the price of their daily cup of java to stretch their wallet a bit more than usual as a litany of factors impacting the global supply chain result in rising prices.
·New York, United States
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U.S. coffee drinkers can expect rising prices as perfect storm of factors impact global supply chains
Americans can expect the price of their daily cup of java to stretch their wallet a bit more than usual as a litany of factors impacting the global supply chain result in rising prices. In February, wholesale arabica coffee prices shattered its previous record at $4.30 a pound – double the price from last year – according to futures contracts traded in New York. Now, coffee roasters who took their chances in the futures markets are feeling the b…
·United States
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