What’s causing the price surge in your morning cup of coffee?
PRINCE GEORGE – If you’ve noticed your morning cup of coffee has risen in price, you’re not alone. A key staple of many people’s routine has become a bit more of a luxury, and local businesses say it’s due to a sharp rise in coffee bean prices in recent years.
“The price of green beans has risen about 115% on average for our coffee, where our retail sales, we’ve increased our prices about 17%,” said Owning Partner of H and H Roasters Andrew Martin.
“A lot of coffee roasters in the past have been selling their beans anywhere from like $9 to $12 a pound. I’d say in recent years we’ve seen that closer to $13 to $17 a pound,” added Owner of The Open Door Cafe Katrina Wiebe, who is a big customer of H and H Roasters.
