Coffee Service

Coffee prices expected to continue to rise

Image courtesy of iStock.

May 3, 2021

Coffee prices have been rising during the pandemic, and will continue to go even higher, according to a Wall Street Journal report.

Since the pandemic began, a shipping shortage in Asia has lifted costs of commodities, including coffee.

Storms in Nicaraugua and Honduras have damaged infrastructure, undermining supplies to the U.S.

Temperature increases and a Brazilian drought have affected crop yields.

While supply has been undermined, demand has continued to remain steady, even through the pandemic. While out-of-home sales fell, in-home consumption increased.

For an update on how the coronavirus pandemic has affected convenience services, click here.