We have seen coffee along with overall food prices increase over the past year and I had mentioned it last fall (See Food Prices are Going Up http://wp.me/p1dmhM-80). It looks like there is no relief in sight. Due to a couple of years of bad crops in coffee growing countries such as Columbia and Indonesia, along with the rising demand for coffee in a growing population like China, prices are sure to increase. Major brands such as Starbucks, Dunkin Donuts have already announced the price increases, so the rest of the brands are sure to follow.
This is only one item in a long list of other food prices that keep increasing. I expect we’ll all have sticker shock when we look at prices six months from now. I am definitely buying a few extra pounds of coffee now before the next price hike. Even if you are not a coffee drinker, stock up on various types of food now, especially those with a long shelf life such as rice, sugar, flour and beans, to help offset the high prices later.
Then, take the next step and store your bulk foods for long term storage. See Survival Food Storage http://wp.me/p1dmhM-9F for helpful tips and links to help you store food.