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Category: Today in the News

Caffeine High: Coffee Prices Soar to 13-Year High

Coffee bean prices spiked to a thirteen year high today to $1.90 a pound. That's a 41 percent hike since June.

To compensate for the higher price of coffee beans, some retailers are charging you more for your cup of joe. The J.M. Smucker Company, which owns Folgers and Dunkin' Donuts, raised their prices, on average, by 10 percent in August.


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