That is not the way anyone wants to do business." It seems likely, however, that higher coffee prices ... Smaller supplies and higher wholesale costs are likely to make that more challenging.
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, ...