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Americans are drinking less coffee, one K-Cup at a time
Americans are drinking less coffee, one K-Cup at a time
Americans are spending more money on coffee than ever before, but for the first time in six years, they will be drinking less of it as the single-serve revolution transforms the brewing habits of the world's largest coffee-drinking nation.
Lower coffee prices spur Starbucks buying spree
Lower coffee prices spur Starbucks buying spree
Starbucks Corp trumpeted the boost to its profits from "patient" coffee buying as it revealed that it had continued to use lower prices, now down some 40% from October highs, to build its inventories.
Rabobank flags scope for wheat, coffee price rises
Rabobank flags scope for wheat, coffee price rises
Rabobank underlined scope for wheat price increases, despite lowering its targets for futures, and flagged potential for gains in coffee values too, backed by widened expectations for the world production deficit.