due to sustained increases in green coffee - Kraft boosts Maxwell House prices 22%

[The Straight Story]

Kraft boosts Maxwell House prices 22%

Kraft Foods Inc. said Thursday that it raised its U.S. list prices for Maxwell House and Yuban ground coffees by 22 percent and its instant coffee by around 10 percent.

The price hikes, which were effective on Wednesday, marked the company’s fourth coffee price hike in a year and came after arabica coffee futures soared to a 34-year high this month.

“(The) increases are due to sustained increases in green coffee,” Kraft spokeswoman Bridget MacConnell told Reuters on the sidelines of the annual National Coffee Association meeting in New Orleans.

The company raised the price for Maxwell House and Yuban ground coffees by 70 cents per pound equivalent, and for instant coffees by 6.25 cents per ounce.

http://chicagobreakingbusiness.com/2011/03/kraft-boosts-maxwell-house-prices-22.html

[Autumn]

1. I've gotten to the point to where

I prefer whiskey anyway.

[The Straight Story]

5. Vodka works for me, helps when I play chess too - brings out the Russian in me

:rofl:

[Donnachaidh]

2. meh. We have a local store brand that is just as good, and lots cheaper

Haven't bought name brands for months now.

[Dappleganger]

3. Thanks to Amazon sales and couponing...

we are stockpiled in coffee for the next 6 months. That, and anti-perspirant. ;)

[hobbit709]

4. Floor sweepings coffee.