Coffee Prices Hit 34-Year High [Headlines]

Coffee Prices Hit 34-Year High [Headlines]
Innovation

A drop in the supply of high-grade Arabica coffee beans and increasing demand worldwide have driven prices higher.

Dan Gould
  • 26 april 2011

Coffee prices are creeping up – a pound is now at $3.00. CBS reports:

At Metropolis in Chicago’s Edgewater neighborhood, the price of a pound of coffee is up by 45 cents. And they’ve raised the cost of a cup by 10 cents across the board.

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