Sunday, June 5, 2011

Coffee Prices on the Rise Again!

All the major coffee retailers are increasing or have already increased the cost of a pound of coffee this year.  Coffee per pound has increase $1.50 to $2.00 in six months.  There are a few reasons why and we probably all now that when the cost of fuel increases so does everything else that is tied to fuel cost.  We in the states have enjoyed low prices at the pump for a long time and cheap goods.  The other side of the world, Europe and Asia have been living with high fuel prices based upon their monetary environment for a long time, so this is not new to them, but a kick in the pocket for us. 
StarBucks announced in late May that they will be increasing their coffee and coffee drinks by 17% in the United States and 6% in Canada.  A pound of good coffee was $7.50 and now it varies from 9.50 to 11.50(decaf) depending on the roaster.   But we love our coffee so much, we have not decreased our consumption at this time but it may slow down later this year.   If Brazil or the African(Ethopia or Kenya) coffee farmers have a low harvest and the demand for coffee continues to increase in the developing nations of China and India, don't be surprise if the cost of a latte is $7.00.

Now is the best time to invest in a burr coffee grinder and make your coffee in the comfort of your home with fresh roasted coffee and remember fresh roasted coffee is roasted and sold within days of the roast and not weeks of the roast.   One pound of coffee make 70-80 cups of 6oz. of coffee.
Fresh Roasted.. Fresh Coffee...Fair Price.
                                                   visit our store:  BlackGold Coffee Company

Enjoy your day and coffee
Deanna.... morning cupper