Add in rising costs for virtually everything and you have a bitter cup brewing for coffee drinkers. Lower supplies almost always mean higher prices. It seems likely, although higher coffee prices on the international futures market don’t guarantee that prices at your favorite roaster will go up. AdvertisementRubinstein said higher prices on the international market can often stimulate production — farmers will have more money to invest in their crop — and if there’s more coffee on the market, prices will retreat. “I’ve seen other specialty coffee roasters talking about raising their prices, but I think that’s more not because of the cost of coffee but maybe because [of] the cost of some of our other supplies, like cups and equipment,” Vigilante said.

Source: Los Angeles Times September 28, 2021 09:29 UTC