For now, Country Fair continues to offer a special coffee promotion for 99 cents a cup, said Paul Rankin, vice president of Country Fair. Smaller supplies and higher wholesale costs are likely to ...
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.
At $3.44 a pound, wholesale coffee prices set a record high last week, according to a report on The Hill. While a number of factors have contributed to those increases, extreme drought in Brazil, ...