Coffee Bean Prices Spike
July 28, 2021 10:29AM PDT
Coffee drinkers will be digging deeper into their pockets to pay for their favorite beverage.
The cost of coffee is going up because of the drought conditions in Central America have hammered the coffee crop in Brazil, which produces one third of the coffee beans in the world.
The price of Arabica beans have jumped 60 percent in the past year.