U.S. coffee prices are surging at a record pace [Yahoo! Finance]
Starbucks Corporation (SBUX)
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Source: Yahoo! Finance
The average price of ground roast coffee hit $9.46 per pound in February, a new all-time high, according to Bloomberg , citing Bureau of Labor Statistics data. That is a 31% jump from a year earlier, making coffee one of the biggest drivers of food inflation right now. And the people tracking these prices say there is not much relief in sight. The surge is not a blip. CNBC reported the current run-up is the steepest and most sustained since the BLS began tracking coffee prices in 1980. Whether you are buying ground beans at the grocery store or ordering a latte on your way to work, the cost has gone up. Significantly. What started the coffee price surge The roots go back to supply. Brazil and Vietnam, the world's two largest coffee producers, both took serious hits from bad weather in 2024. Brazil was hammered by drought and heavy rain that damaged arabica harvests. Vietnam saw typhoons flatten robusta plantations. Together, these two countries supply the majority of the wor
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SBUX
Earnings
- 1/28/26 - Miss
SBUX
Sec Filings
- 3/20/26 - Form PX14A6G
- 3/19/26 - Form 4
- 3/16/26 - Form PX14A6G
- SBUX's page on the SEC website