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Brian Curl
by Brian Curl » Sun Aug 15, 2010 9:08 am
http://www.courier-journal.com/article/20100814/BUSINESS/308150022/Coffee-price-increase-likely-to-be-seen-in-stores-restaurantsCoffee price increase likely to be seen in stores, restaurants
The cost of the coffee habit is going up.
The price of raw coffee beans is at a 12-year high, which one Louisville supplier said means consumers can expect to pay between a nickel and dime more for a brewed cup of joe, said Bob Patterson of Consumers Choice Coffee in Louisville.
“We’re all kind of waiting to see what’s going to happen, if it’s going to keep going up or it’s going to drop back down. There’s really not a lot of fundamentals that are … supporting the market as high as it is today, but the reality is — it is up significantly.”
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