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Stockreport

U.S. coffee prices are surging at a record pace [Yahoo! Finance]

Starbucks Corporation (SBUX)  More Company Research Source: Yahoo! Finance
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
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 [Read more]
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Stockreport

U.S. coffee prices are surging at a record pace [Yahoo! Finance]

Starbucks Corporation  (SBUX) 
More Company Research Source: Yahoo! Finance
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
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 [Read more]
IMPACT SNAPSHOT
EVENT TIME:
SBUX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS