Caffeine price is on the rise

  • There is some bad news for coffee lovers. Reports suggest that coffee maker J.M Smucker announced that it's increasing the prices on its coffee by about 9 percent, which is the biggest increase seen since 2011. 

    Reuters notes that prices have increased because of a drought in Brazil, which is the largest grower in the world.

    The COO of J.M Smucker said his company is "confident in our ability to adjust pricing when warranted."

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