Your Daily Coffee Habit Is About to Get More Expensive
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Re: Your Daily Coffee Habit Is About to Get More Expensive
#2tl;dr: commodity price of coffee is going up due to environmental infrastructure problems of producing countries.
Re: Your Daily Coffee Habit Is About to Get More Expensive
#3So how much does that increase work out per cup? About 3¢.
The $4.39 12oz latte from the article requires 17g of ground coffee per double shot of espresso. Coffee loses 17% of its weight when roasted, so one pound of coffee (454g) after roasting (377g) makes 22 double shots of espresso. So their cost of coffee has gone up less than 3¢ per cup, from $0.086 at $1.90 per pound to $0.113 at $2.49 per pound.
Re: Your Daily Coffee Habit Is About to Get More Expensive
#4So how much does that increase work out per cup? About 3¢. The $4.39 12oz latte from the article requires 17g of ground coffee per double shot of espresso. Coffee loses 17% of its weight when roasted, so one pound of coffee (454g) after roasting (377g) makes 22 double shots of espresso. So their cost of coffee has gone up less than 3¢ per cup, from $0.086 at $1.90 per pound to $0.113 at $2.49 per pound.
That won't stop Starbucks from using it as an excuse to jack the prices up 25¢ a cup. Never waste a good crisis.
Meanwhile, I'll keep brewing it at home.
Re: Your Daily Coffee Habit Is About to Get More Expensive
#5I get 4-pack espresso from sams for $10 that lasts me a month. I stopped getting "lattes" and other fancy stuff long time ago.
Re: Your Daily Coffee Habit Is About to Get More Expensive
#6tl;dr: commodity price of coffee is going up due to environmental infrastructure problems of producing countries.
I will never pay for news sites knowing I can just look at the comments for heroes like you haha.
Re: Your Daily Coffee Habit Is About to Get More Expensive
#7So how much does that increase work out per cup? About 3¢. The $4.39 12oz latte from the article requires 17g of ground coffee per double shot of espresso. Coffee loses 17% of its weight when roasted, so one pound of coffee (454g) after roasting (377g) makes 22 double shots of espresso. So their cost of coffee has gone up less than 3¢ per cup, from $0.086 at $1.90 per pound to $0.113 at $2.49 per pound.
Cool. I'll pay it.
But then, the price of coffee could probably double, and I would still pay it.
Re: Your Daily Coffee Habit Is About to Get More Expensive
#8kind of like they raise the price of coffee by 50c a cup because "prices for raw materials have increased"- when it's the sugar going up 20c a kilo