Did you guys know coffee has increased in price (7%????) or so? One place I saw a meme that said it had gone up 27%, and that the feds had taken the price of coffee out of inflation calculations. Blogger won't let me post the meme. Don't know if the meme is correct.
"""According to the provided search results, coffee prices have been increasing over the years, and this trend is expected to continue in the future. Here are some key points regarding the price of coffee in May 2024:
- Coffee increased 14.68 USd/Lbs or 7.80% since the beginning of 2024, according to trading on a contract for difference that tracks the benchmark market for this commodity.
- Coffee is expected to trade at 222.96 USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations.
- Looking forward, we estimate it to trade at 242.50 in 12 months time.
Additionally, some experts have provided coffee price forecasts for 2024:
- Citi analyst Aakash Doshi has provided a coffee price forecast of $1.88 per pound to $2.15 per pound for 2024.
- Another forecast predicts that coffee prices will fall to $1.60/lb in 2025, from the estimated price of $1.80 in 2024.
It’s worth noting that coffee prices can be volatile and subject to various factors that can affect the market, such as supply and demand, weather conditions, and global economic trends."""
Check this out:
I was in dollar general last week just for a couple of items. I saw this on the shelf. 1lb 3.2 oz, or 19.2 oz. For $9. Holy shit.
It hasn't been that long ago I was seeing this stuff in 36 oz cans for less than nine bucks.
I usually get my coffee from Sam's
ReplyDeleteMember's Mark Columbian ground--$13.98...they're out
Eight O'Clock beans or ground 40oz..$11.98
Maxwell House 48oz...$10.98
Folger's Classic Roast 43oz..$9.98
These are currently all on sale ($2 off) until June 2..
I may just order a few more and stock up.