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Why your morning cup of coffee may get more expensive
Yahoo Financeยท 2025-08-16 11:00
Well, coffee drinkers are swallowing higher prices and it's about to get worse. Coffee prices spiked 14.5% in July from a year ago. That's according to BLS data.And while the average retail price for a pound of ground coffee hitting $841, that's before President Trump's 50% tariffs on imports from Brazil hit. Brazil is the world's top coffee producer. The US gets more than a third of its unroasted coffee imports from Brazil.And here with more is Ricky Vulpi, former USDA economist and Cal Poly professor of a ...