Coffee prices hit 13 year high - WALB.com, South Georgia News, Weather, Sports

Coffee prices hit 13 year high

By Jennifer Emert - bio | email

ALBANY, GA (WALB) –  Your morning cup of joe is costing you more.

Coffee prices hit a 13-year high. Over the past three months, prices have increased about 43-percent. That has meant higher prices for many retail brands. At Elements Coffee Shop on Ledo Road, they've also felt the increase. Their costs have gone up nearly 7-percent since they opened three years ago, but they haven't raised their prices. In fact, they're offering a lower price for a smaller cup so coffee lovers can get their fix without breaking the bank.

"We try and implement an early bird special which gives you a 12 ounce cup of coffee for 99 cents all and all it will save you about 60 cents on that cup of coffee," said Calvin King, Elements Owner.

Elements and other shops have adjusted other items they sell to offset the higher price they paying per pound of coffee. The price has shot up because there is a worldwide shortage of arabica beans caused by weaker than expected harvests.


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