Coffee Prices Hitting ALL TIME High
By Melissa Pitts
May 13, 2011 at 11:55am MST

Boston Globe: The price of coffee beans is at a historic high, as droughts and heavy rain in the world’s leading coffee-producing regions limit supply, while a growing taste for coffee over tea in Asia fuels demand.
Restaurants and cafes have raised their prices, tacking on anywhere from 5 to 20 cents a cup in recent weeks. The escalating price of the popular Arabica bean has affected almost all coffees, from Maxwell House to organic blends. Read more here.
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