Coffee Prices Soar!
Coffee prices have risen about 43% in the last three months. This is a 13 year high for the delectable bean.
Coffee for December delivery settled up 2.25 cents at $1.9455 a pound Wednesday after hitting $1.9865 per pound earlier in the day. Trading volume was light, which can exaggerate price movements, according to the Associated Press.
Many people are finding a retail price increase due to the soaring prices of coffee. Some of the brands that have reflected the increase in their retail pricing are owned by the JM Smucker Company including Millstone, Foldgers, Foldgers Gourmet Selections and Dunkin’ Donuts. K-Cup Portion Packs, sold by Green Mountain Coffee Roasters for the Keurig Single-Cup brewing system, are set to rise in price by 10% to 15% next month.
Deb Trevino, spokesperson for Starbucks, insists that their prices will not be affected by the rising price of coffee. The company intends to absorb the extra cost, instead of passing it on to the consumer.
This week’s rally appears to be largely due to speculative trading because fears have eased about weather and supply issues, said Spencer Patton, founder and chief investment officer for hedge fund Steel Vine Investments LLC.
Seattle’s Best Coffee Contest: FREE TRIP TO SEATTLE
Coffeesage.com readers have been invited to participate in a Seattle’s Best Coffee contest. First prize is an all expenses paid trip to the coffee capital of the US……….. Seattle!!!!
Seattle’s Best is celebrating their fan’s love of great coffee. They are now looking for their BIGGEST fan to join them [...] Continue Reading…
Cafe Grumpy in NY Bans Laptops
Cafe Grumpy in Chelsea, NY is fed up with extension cords being ran all over their store. Although their Brooklyn location welcomes those with laptops and noise cancelling headphones. The owners, Caroline Bell and Chris Timbrell have been the target of much bad publicity for their ban in the [...] Continue Reading…
Starbucks Launches “Starbucks Reserve”
Starbucks has announced the introduction of an ultra premium coffee, Starbucks Reserve, to their menu. A 12 oz cup will sell for nearly $3 in Seattle and other select markets. The coffee will be released on August 31st.
Starbucks has chosen to pitch the product in New York City, San [...] Continue Reading…
Coffee Prices Increase in NY
Coffee prices are at a 12 year high in New York due to the weak dollar. The US dollar dropped against the six other major currencies, even after gaining in the last five sessions.
The Reuters/Jefferies CRB Index of 19 raw materials gained as much as 0.5 percent before a plunge in wheat prices dragged [...] Continue Reading…
Kicking Horse Coffee, Kick Ass – Coffee Review
Coffee Provided by Kicking Horse Coffee , http://www.kickinghorsecoffee.com
Some of the most unique and high quality packaging I’ve seen. They actually seal their whole bean coffee in a can.
Getting past the packaging I brewed the “Kick Ass” (Dark) blend. It was full-bodied with just the slightest hint of [...] Continue Reading…
NEWHALL COFFEE’s Taste of California Collection – Coffee Review
Coffee Provided by Newhall Coffee, http://newhallcoffee.com/
The Taste of California Collection is comprised of 6 interesting blends.
Organic California Blend, Mammoth’s Bow-Chicka-Pow-Pow Blend, Beatnik Espresso, Surf & Snow Blend (Caramel Vanilla), Earthquake Blend, Sunset Blvd. Blend (Cinnamon Vanilla)
Overall this is a great collection of coffees. They seem to have [...] Continue Reading…
New Yorkers Crazy for POO
Kopi Luwak, also known as cat poo coffee, is taking New York by storm! It is made from the fecal droppings of a cat like creature, the civet. New Yorkers are shelling out $30 a cup for this unusual treat, according to the NY Daily News.
The civet, which is [...] Continue Reading…
Make Seattle’s Best Coffee’s cold brewed coffee at home with a Toddy
Seattle’s Best makes amazing Iced coffees and you can too. Their Secret is a Toddy home brewing System and their Beach House Blend.
I recently made a batch of iced coffee concentrate using this method and I have to say the Beach House Blend is amazingly smooth and great [...] Continue Reading…
International Delight – Skinny Vanilla Latte – Coffee Creamer Review
Want to add a splash of flavor to your morning coffee or to a nice Iced coffee in the afternoon without any of the guilt.
Try International Delights new CoffeeHouse Inspirations “Skinny” flavors.
I’m not usually a fan of anything “Low Calorie”, but these are surprisingly addictive, especially in [...] Continue Reading…
Coffee May Decrease Risk of Neck and Head Cancers
A new study in the journal Cancer Epidemiology, Biomarkers & Prevention has shown that coffee drinkers have another reason to celebrate! Coffee may decrease the risk of neck and head cancers.
In this study, scientists looked at the results of nine previous cancer/caffeine studies (using coffee and tea) to [...] Continue Reading…
Ads
