Coffee Inflation Soars

[tsptalk]

Nooo! Don't mess with the coffee! :soapbox:


Arabica Coffee Bean Hits 2011 Highs As Coffee Inflation Soars

Bloomberg reports that premium arabica beans are experiencing adverse weather conditions in top producer Brazil, pushing prices up in New York to a 13-year high.

Arabica Bean Hits 2011 Highs As Coffee Inflation Soars | ZeroHedge

 

[TommyIV]

It's only getting worse.

Arabica coffee futures are trading at new highs, pushing past a record set in April 1977.

Coffee Prices Break 47-Year Old Record​

The higher prices are said to be mostly a product of financial speculation. Coffee beans are not in harvesting season yet so investors can't know the realities surrounding their concerns about the crops.

 

[tsptalk]

Looking at the coffee chart going back to the early 80's, the range is wide but the price fluctuations have been fairly consistent over the years - between 0.50 and 3.00. Why is it $6 for a cup of coffee today and it was about a quarter in the 80's?

 

[nasa1974]

I pay $3.25 for a tea bag and a pot of hot water at Bob Evens. Twice and I can buy a box of 100 at the grocery store.

 

[jonfresno]

Looking at the coffee chart going back to the early 80's, the range is wide but the price fluctuations have been fairly consistent over the years - between 0.50 and 3.00. Why is it $6 for a cup of coffee today and it was about a quarter in the 80's?

Guess it's time for me to go back to cigarettes until it comes back down?

 

[tsptalk]

 

[TommyIV]

Coming Soon to the Coffee Aisle: Tariffs​

The U.S. is set to levy a 50% tariff on Brazilian goods—including coffee beans—from Aug. 1. Coffee beans from Brazil had already gotten more expensive, as poor weather pushed up prices at the end of last year.

 

[tsptalk]

Don't mess with the coffee! But Brazilian? Meh.

Fortunately, the best coffee beans come from Africa and Central America.

 

[nasa1974]

Don't mess with the coffee! But Brazilian? Meh.

Fortunately, the best coffee beans come from Africa and Central America.

Way back when didn't Brazil have some of the better beans?

 

[James48843]

Coffee price check:

(Current prices at Walmart)


As of today, coffee at Walmart:,

 

[nasa1974]

Coffee price check:

(Current prices at Walmart)


As of today, coffee at Walmart:,

That is crazy. I don't drink coffee, but Sue did. I remember we could get a large can of Folger's on sale for less than $8.00.

 

[James48843]

So- I remember as a kid- coffee came in ONE POUND (small) and (big was what, 3 pounds? Or five pounds?).

A small can was one pound. What was the big can then? In the 1960’s?

 

[TommyIV]

I currently pay $70 for 5 lbs. It cost me about $0.62 per cup ~ 10oz.

Or I can go to any coffee shop around me and pay $4 for a cup.

 

[nasa1974]

So- I remember as a kid- coffee came in ONE POUND (small) and (big was what, 3 pounds? Or five pounds?).

A small can was one pound. What was the big can then? In the 1960’s?

33.9oz was the size we typically bought.

 

[James48843]

Ok- I’m seeing on line that coffee came in one pound, or 2.5 pound, or three pound cans.

So what used to be a three pound can, has shrunk over the years from 48 ounces, down now to 40 ounces (Folgers), or to just 35.7 ounces (Maxwell House) ounces.

It’s the corporations.

Bigger price, less product.

I blame them..

 

[tsptalk]

"Shrinkflation"

I believe Joe Biden coined that.

 

[nasa1974]

Ok- I’m seeing on line that coffee came in one pound, or 2.5 pound, or three pound cans.

So what used to be a three pound can, has shrunk over the years from 48 ounces, down now to 40 ounces (Folgers), or to just 35.7 ounces (Maxwell House) ounces.

It’s the corporations.

Bigger price, less product.

I blame them..

Don't get me started on bags of potato chips.

 

[waltj]

Are you referring to the bags of air with just a hint of potato chip inside?

 

[jonfresno]

Don't mess with the coffee! But Brazilian? Meh.

Fortunately, the best coffee beans come from Africa and Central America.

Not Jamaica mon?