Staying the course
Staying the Course
Coffee prices globally have gone up, when looking at the global commodity market price data (adjusted for inflation) you can see they are at their highest point since the last spike in 2011. From the start of 2017 until the start of 2021 the C market price has been relatively stable, staying between $0.90 and $1.20 per lb over that time. While we don’t buy commodity coffee, any change to the floor price will of course raise prices across the board.