Good Morning Coffee Lovers,
As I sit here sipping a mug of Brazilian Bourbon Santos, the locals at the window table are discussing the local weather and the poor growing season for pumpkins this year. It's a bit ironic as I've just finished reading an article in CNN Money about the effects of the weather in South America on our own Vermont coffee roaster.
The coffee connection on both a local and international level never ceases to amaze me!
South America's weather drives US Coffee Prices
According the CNN article I mentioned earlier, it seems that the bad weather in Brazil (and other places) has affected the coffee crop. Countries like Brazil are hoarding the crop, and thus coffee prices here in the US have risen by 44% since June! Yikes!
Now, you may not have seen the increase at the market or your local coffee shop yet. However, many of the bagged coffees sold at the supermarket have gone up in price by 10%. We haven't had a price increase here at Brown and Jenkins in over 2 years. We will keep prices down as long as on hand supplies last. We will have to see what pricing comes with the next purchase of raw coffee beans.
Local Vermont coffee giant Green Mountain Coffee is quoted in the article as saying that they will pay 10% to 15% higher prices as of October 11th. Of course, that will affect us here too, eventually.
Not yet though. In fact, I've actually lowered shipping rates for Coffee Club members, because I know that the US economy is causing folks to struggle. So stop by for a $1 cup of gourmet coffee and we'll chat and local and international weather, economies and coffee.
Until our next cup,
Sandy Riggen
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