Predicted price hike has coffee lovers grumbling
“Coffee rust,” a fungus that ruins coffee plants, has ravaged crops in many parts of Central America. Meanwhile, global coffee prices are rising because of concerns about a drought in Brazil that may affect coffee bean supplies.
“We strive to offer our high-quality coffee at a great value to our guests but based on rising commodity costs, we expect to see a modest increase in coffee prices,” said Lindsay Harrington, public relations manager at Dunkin’ Brands Inc. in Canton, Mass. on Monday.
Cherie Tate of Cape Cod, in the Lakes Region for Motorcycle Week, was resigned as she sat in the New Hampton Dunkin’ Donuts store.
“Frankly, it’s the only kind of coffee I drink, and I drink it every day, so they’ve got me,” she said. “The price going up stinks, but they’ve got us.”
“We’ve been given plenty of information showing the price will rise soon, yes,” Cohen said.
“I’ll keep buying it,” said Emily George of Pawtucket, R.I., a shopper at E.M. Heath in Center Harbor who buys Folgers coffee. “The price of everything goes up.”
“You don’t like the price increase, but what are you going to do?” added his wife, Cheryl.
“Look, I still think gas should be 28 cents a gallon,” Crews said. “Of course it bothers you when the price goes up on anything, but I love that coffee ... I’ll keep buying it.”