There’s a jolt hitting coffee drinkers, and it isn’t just the caffeine.
The price of coffee beans is at a historic high, as droughts and heavy rain in the world’s leading coffee-producing regions limit supply, while a growing taste for coffee over tea in Asia fuels demand.
Restaurants and cafes have raised their prices, tacking on anywhere from 5 to 20 cents a cup in recent weeks. The escalating price of the popular Arabica bean has affected almost all coffees, from Maxwell House to organic blends.
Monday, May 09, 2011
The daily cup becoming an expensive habit
The Boston Globe reports: