Recently, both Keurig Green Mountain, Inc. (producer of K-Cups) and Mars Drinks, Inc. (producer of Alterra Coffees and Bright Teas for the Flavia Beverage System) have announced general price increases. Click here to read Keurig’s price increase announcement. Click here to read Mars Drinks’ price increase announcement. In response, we will implement the following… Read more »
Tag: Coffee Prices
Coffee Price Increase Notice
Beginning today, each invoice contains a notice of an upcoming coffee price increase to our customers, effective August 11th, 2014. Download the complete price increase memo. Due to drought in Brazil and “coffee rust” affecting crops throughout Central America, rising coffee prices have been in the news throughout the first half of 2014. Major retailers… Read more »
Your K-Cup Office Coffee Options
When people think about K-Cups, they think about ease of use, and about variety. The wide range of brands, flavors, and blends used to be uniformly priced, but Green Mountain has recently moved towards increasing differentiation in its coffee and tea pricing. In this blog post we outline the various price tiers so you can manage… Read more »
Katie Couric And CBS Evening News On Coffee [VIDEO]
Bill Whitaker explained soaring coffee prices on last night’s CBS Evening News with Katie Couric [VIDEO]: Price of coffee heats up All coffee beans are up in price — way up, actually — across the board. In 2000, popular Colombian mild cost $1.03 per pound. Over the next 10 years the price rose… Read more »
Why Are Coffee Prices Going Up And Up?
Every time we think that the market price for raw coffee beans has peaked, it soars even higher. Prices on the New York Mercantile Exchange crossed the $3 per pound mark Wednesday, before settling slightly lower. In the past 12 months, the cost of unroasted coffee beans is up over 125% — meaning it has… Read more »
What Happened To Kona Coffee?
As we previously wrote last week, Green Mountain has discontinued production of its Kona coffees. At CDC, we have just sold out of our last remaining supply of Green Mountain Kona Blend K-Cups. While coffee prices in general have been skyrocketing — up over 100% year-to-date — Kona coffee has been particularly hard… Read more »
Java Prices Jump [VIDEO]
Here’s a quick piece from NBC examining the recent surge in coffee prices, which is affecting retailers.
New York Times On The Colombian Coffee Shortage
New York Times page B1, 3/10/11: Heat Damages Colombia Coffee, Raising Prices The shortage of high-end Arabica coffee beans is also being felt in New York supermarkets and Paris cafes, as customers blink at escalating prices. Purveyors fear that the Arabica coffee supply from Colombia may never rebound — that the world might, in effect,… Read more »
Coffee Market Now Up Over 100% YTD
Raw arabica coffee bean prices have now more than doubled in the past twelve months. When we posted a blog item on the coffee market back in October, coffee prices were up 44.2% year-to-date. In November, we reported that the market was up 58.4%. In January, coffee prices seemed to be peaking, up 67.6%. But… Read more »
Commodities, Including Coffee, Remain High
Here’s another look at coffee prices, which seem to be going nowhere but up lately. As shown in the below chart, raw coffee prices are up by over 67% in the past 12 months, with much of the increase coming in the last 6 months or so. If the market doesn’t turn soon,… Read more »
Still Waiting For The Coffee Market To Turn
Wall Street Journal 12/17/10: Tight Supplies Jolt Coffee, Sugar Prices To Late Week Highs BusinessWeek 12/17/10: Coffee Surges to 13-Year High on Supply Concern, Fund Buying NY Daily News 12/16/10: Coffee getting more expensive; Kraft hikes prices on popular brands
The Coffee Market Is Still Percolating
It seems like only yesterday when we put up our What’s Up With Coffee Prices? post, examining the 44% rise in coffee commodity prices since the Summer. Well since then, not even one month later, the coffee market has risen another 10%+. Bloomberg BusinessWeek has more: Coffee Rises to 13-Year High on Vietnam Crop; Sugar,… Read more »
What Is Alterra Coffee?
Last Friday, the Mars Drinks team visited CDC (see photos) to unveil some exciting changes to their product lineup. Beginning November 8th, Mars Drinks will offer branded products for use with their Flavia brewers. Flavia coffee and tea packets will be replaced with new product lines from Alterra Coffee Roasters and The Bright Tea Company…. Read more »
More On Coffee Prices
As a follow-up to my father’s earlier post on the state of the coffee market, I found this fascinating chart on CNN.com’s commodities page: We are all familiar with the oil market, which directly affects how much it costs to fill our gas tanks, and indirectly affects the cost of just about everything else in… Read more »
What’s Up With Coffee Prices?
The laws of supply and demand deem that when a commodity (such as raw coffee beans) is in short supply, its price will rise. With much smaller than usual harvests in Colombia for two years in a row, the supply of high quality coffees has been in short supply and we have seen big increase… Read more »