Coffee Prices Hit New Highs

The price of Arabica coffee beans has risen 80% this year, which means your morning cup might cost more. The world’s largest producers of coffee, Brazil and Vietnam, have experienced bad weather which has impacted production. In November, a Nestlé executive said the company might have to adjust prices and pack sizes. “We are not immune to the price of coffee, far from it,” David Rennie of Nestlé said. (BBC)