"Analysts warn the high prices for both food and gas are here to stay for a while. "
drink up —
People may actually sleep in Seattle.
CC
You mean Starbuck’s overpriced prices are going to be overpriced? Sucks for the economy but coffee is a filthy beverage as anyone who has ever had to clean a break room can attest.
Just heard on the business news on Thursday morning that the drought wasn’t that severe, and coffee prices should be coming down. Maybe Schulz at Starbuck’s is just paying for that college program for his employees.
Starbucks sells real coffee? When did THAT start?
My stash is down to about 4 or 5 cans now and I've been waiting for the price to dive again .... guess it won't happen.
I've got about 40 lbs of unsalted butter I got at $1.60 or so about a year and a half ago ... some grocery couldn't sell the un-salted butter so they slashed the price and I haven't bought butter in all that time.
I've been doing this for years.
Lot of stories about how this or that is about to get a lot more expensive or scarce (same thing) and yet we are told inflation is “contained”.
Don’t think the drought in South America will have much of an impact on SE Asian coffees, so my preferred Trung Nguyen coffee prices will likely be unchanged.
!gniP
Coffee is actually very cheap. I think the marketplace could easily sustain a tripling of price without losing much demand.
I’ve been seeing articles about coffee shortages and price increases for years now.
Read somewhere you can stretch your coffee by adding aged sawdust
Sounds like it’s time for me to buy about 30# of green beans. I mostly roast African an Indonesian coffee anyway, but I imagine it will push up prices everywhere. The great thing about green coffee, is that it will keep for about 3 years.