Coffee drinkers in the United States are preparing to pay more for their daily cup as prices rise nationwide.
Government data shows that the price of roasted coffee in August was almost 21% higher compared to the same time last year. Experts say the increase is linked to several problems affecting the global coffee market.
In the international market, the cost of arabica coffee beans has also gone up sharply. On September 16, futures for arabica coffee reached $4.24 a pound, which is close to record highs. Weather problems in top producing countries such as Brazil and Vietnam have cut supplies. At the same time, tariffs and higher import costs are adding more pressure on prices.
Roger Norton, a professor at Texas A&M, told Fox News Digital that consumers have little choice but to accept the increase. “Unfortunately, there is little that consumers can do except swallow the higher prices with their coffee,” he said.
The impact is already being felt at popular chains. At Starbucks, a large hot coffee costs about $3.25, while lattes and frozen drinks are more expensive. Dunkin’ prices a large hot coffee at about $2.89, and McDonald’s McCafé offers one for around $2.19. Even small coffee carts in New York, once known for $1 cups, have raised their prices.
The rising costs affect not only customers but also farmers and roasters. Many small farmers have limited land and cannot recover easily from weather damage or market losses. Researchers are working on new coffee plants that can better resist climate change, but it may take years before those reach farms and markets. For now, coffee lovers across the U.S. will have to adjust to higher prices for their favorite drink.
