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Showing posts from September 5, 2010

Australia: Bean crush means coffee will cost a latte more

Jaspers Caffeine Dealers owner Wells Trenfield samples a brew as Tong Zhou prepares to roast a fresh batch of beans. [Courtesy of The Sydney Morning Herald] ''We are keeping people impoverished because we are not prepared to pay 21st-century prices for the stuff we enjoy. It's still cheaper than a beer.'' - Wells Trenfield, Owner of Jaspers Caffeine Dealers By Maris Beck The Sydney Morning Herald September 5, 2010 The caffeine dealer's warehouse in Collingwood is piled high with sacks of coffee beans. They haven't even been roasted yet but already they are giving suppliers the jitters. With unprecedented demand from Asia squeezing global coffee supplies and weather problems affecting crops, wholesale prices have been soaring for months. If the all-important Brazilian harvest falls short, the average cost of a cappuccino in Melbourne could hit $4 within a year - an increase of 76 cents. A soon-to-be-released survey of 600 east coast cafes, the ...