Coffee theft surges in the US as prices for the beans soar
Theft of truck loads of green coffee beans is surging in the United States, the world's largest importer of the commodity, as prices for the beans increased to all-time highs in the last year, according to transportation companies.
Coffee Prices Just Hit a Record High — and They’re Still Climbing
Coffee prices just hit an all-time high, and experts say the worst may be yet to come. A combination of extreme weather, supply chain struggles, and market panic is driving up costs — and that means pricier lattes for everyone.
Why are coffee prices rising in the U.S.?
Consumers still coping with high food costs face scalding hot coffee prices, with retail costs up 75% in recent years.
Local coffee suppliers feeling impact of global coffee bean price increases
The global rise of coffee bean prices is hitting local businesses hard. Amanda LaShaw, owner of LaShaw Ranch Roasters in Rockford, Washington, said the pr
Coffee Heists on the Rise: Criminals Cash In on Record-High Prices
Theft of coffee beans is rising in the United States, with organised gangs targeting truckloads of the commodity as prices hit all-time highs. According to Reuters, criminals are using sophisticated tactics to disguise themselves as legitimate operators,
Coffee is so expensive, criminals are stealing beans by the truckload
Your next cup of coffee could be hotter than you think. Organized criminals in the United States, Brazil, and Viet Nam are stealing coffee beans by the truckload, reports Reuters. The price of green coffee beans has shot up to an all-time high due to floods and droughts in major coffee-growing areas like Brazil.
Coffee price shocks take about a year to feed through to consumers, UN report says
Raw coffee price shocks take about a year to feed through to consumers while the residual impact lasts at least four years, ...
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Prices of Beans, Rice, Other Food Items Crash by 40% as Hoarders Count Losses
There is a crash in the prices of food items such as rice, yam, beans, sorghum, maize and other grains, leading to massive losses for hoarders nationwide.
Here's why coffee prices are going up in the Bay Area
In February, the cost of Arabica coffee futures, which sets the current price for a cup of joe, more than doubled to $4.30 per pound from $2 per pound the same time last year. SF Gate reports that ...
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Rising coffee bean prices brew challenges for local roasters and shops
Langer said prices for some of the products she's purchasing ... whose expenses account for more than just the coffee beans. Langer's Red Rock Roasters, founded in 1993 by her parents, David ...