- KCII Radio - http://kciiradio.com -
Coffee Prices Increasing, Local Businesses Question How To Make Up The Difference
Posted By News On @ 6:28 am In Today's Local News | Comments Disabled
Coffee prices have returned to nearly 13-year highs, with bean futures up 35% since June. Back to back crop problems in places like Columbia have whittled down global supplies. Gina Richardson owns Washington’s Coffee Corner. Her coffee supply has gone up nearly a dollar per pound, but she isn’t charging customers the difference. Richardson says sometimes business owners have to take a hit in order to keep customers, but repetitive price increases will eventually lead to higher costs for consumers. A large coffee harvest is expected from Brazil, which could relieve current prices.
Article printed from KCII Radio: http://kciiradio.com
URL to article: http://kciiradio.com/2010/09/coffee-prices-increasing-local-businesses-question-how-to-make-up-the-difference/
Copyright © 2005-2013 KCII Radio