SILVER SPRING, Md. (AP) – As if a cup of coffee weren’t expensive enough, a confluence of factors is pushing up the costs for farmers to grow the beans and it could start filtering into your local coffee shop before the end of the season. year.
After hovering for years around $ 1 a pound, coffee futures – the price big buyers are willing to pay for coffee over the next few months of delivery – doubled in late July, reaching all-time highs. seen since 2014. Although prices have come down a bit, they remain high at around $ 1.90 per pound.