Coffee

9766 readers

152 users here now

☕ - The hot beverage that powers the world!

Coffee gadgets - It's always great to learn about new gadgets. Please share your favorite hardware or full setups. It might inspire newcomers to experiment!

Local businesses - Please promote your local businesses. If you are not the owner of the business you are promoting, kindly ask the owner if it's okay. It would be great if the business has a physical store to include an exterior or interior shot.

founded 2 years ago

MODERATORS

martijn@lemmy.world

dannoffs@lemmy.sdf.org

Xariphon@kbin.social

Coffee prices haven’t surged this much in decades | CNN Business (edition.cnn.com)

submitted 1 day ago by IcedRaktajino@startrek.website to c/coffee@lemmy.world

17 comments fedilink hide all child comments

US retail coffee prices surged 21% year-over-year in August, the largest annual increase since October 1997, according to Thursday's Consumer Price Index. The monthly 4% jump marks the steepest rise in 14 years. Trump administration tariffs on major coffee exporters -- 50% on Brazil, 20% on Vietnam, and 10% on Colombia -- are driving costs higher as 99% of US coffee consumption relies on imports.

J.M. Smucker plans its third price increase this winter for Folgers and Cafe Bustelo brands after raising prices in May and August. New Orleans chain French Truck Coffee has implemented a 4% tariff surcharge. Starbucks expects peak cost impacts in 2026 due to its advance purchasing practices. KPMG chief economist Diane Swonk predicts prices will exceed historical records as Brazilian tariff effects reach retail shelves.

I dunno what I'm gonna do when my stash runs out. About 6 months ago, coffee was on sale and I bought as much as I could store in the crisper drawers of my downstairs fridge. I've probably got about another 6 month's supply and am probably going to be aghast when I have to buy more 😔

you are viewing a single comment's thread
view the rest of the comments

[–] Valmond@lemmy.world 11 points 1 day ago (8 children)

I wonder if you could buy directly from the producer. They'd benefit from it, I'd benefit from it, and roasting seems like a fun thing to do.

[–] Fiivemacs@lemmy.ca 8 points 1 day ago (3 children)

800% tariffs and you need to order 1000lbs.

they won't sell you a bag.

[–] Valmond@lemmy.world 4 points 1 day ago (2 children)

I'm in Europe, and why wouldn't someone sell you a bag?

[–] Fiivemacs@lemmy.ca 8 points 1 day ago (1 children)

the producers wouldn't. that would be the same as going to a farm that typically sells 1000s of lbs of zucchini, and asking for enough for supper.

you wouldn't be worth their time, no offense.. they are in it for the bulk purchases.

[–] Valmond@lemmy.world 2 points 21 hours ago* (last edited 21 hours ago)

I'm talking a bout a coffe sac, 30 or 60 kilos. Not a 250 gram package 😋

They get paid under 4€/kilo. The price for mediocre coffee where I live is 18-20€/kilo.

load more comments (4 replies)