Coffee roasters weigh price increases
U.S. coffee roasters weigh price increases, cite shipping inflation
Coffee processors in the United States, the world’s largest consumer of the beverage, are reporting significant cost increases in their operations, mostly related to transportation, and expect to raise retail prices soon.
Mid-sized and smaller roasters, particularly specialty coffee companies, have been hit hardest, company executives said, but even larger companies such as Peet’s and JM Smucker say they are coping with higher costs.