Coffee prices to go up - Fox29 WFLX TV, West Palm Beach, FL-news & weather

Coffee prices to go up

(WFLX) - Drought and fungus in coffee producing countries, like Brazil, have sent coffee bean prices skyrocketing. This week, the maker of Folgers and Dunkin Donuts beans said it was raising coffee prices an average of nine percent.

Industry analysts expect other coffee producers to follow suit. According to the national coffee association, some 83-percent of American adults drink coffee.

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