Coffee futures prices

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Drought in the world’s biggest supplier, Brazil, has pushed the price of futures in Arabica beans up more than 50% this year. Last week, the owner of Folgers raised its coffee prices by almost as much. Folgers is the biggest seller of coffee by volume in the US, with Maxwell House in second place, according to Bloomberg.

Maxwell House coffee just got 10% more expensive

Drought in the world’s biggest supplier, Brazil, has pushed the price of futures in Arabica beans up more than 50% this year. Last week, the owner of Folgers raised its coffee prices by almost as much. Folgers is the biggest seller of coffee by volume in the US, with Maxwell House in second place, according to Bloomberg.

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