The biggest arabica coffee rally in two decades is beginning to force smaller-brand roasters to quietly raise wholesale prices, even as top names such as Starbucks Corp resist. The price of arabica coffee futures, the type used primarily in roast and ground brews, surged 80 percent in less than seven weeks on Wednesday, rising above $2 per lb in the biggest such rally since July 1994.
One private-label roaster in the New York area is set to raise its prices by 10 percent to 15 percent within the next few weeks. NY TIMES ARTICLE
Coffee Green Bean Prices on the Rise
March 14, 2014 by Leave a Comment
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