Thanks to Krasnov coffee prices keep surging -- and it's likely to get worse

[Yo_Mama_Been_Loggin]

There’s no relief for coffee drinkers.

Coffee prices spiked 14.5% in July from a year ago, data from the Bureau of Labor Statistics show, while the average retail price for a pound of ground coffee hit $8.41.

That’s before 50% tariffs on imports from Brazil — the world’s top coffee producer — took effect earlier this month, a move that’s likely to ratchet up prices even more.

Broadly, tariffs are expected to contribute to retail price hikes of 15% to 20% for ground coffee, according to Bernstein analyst Danilo Gargiulo, and importers may shift to alternative suppliers like Vietnam and Colombia.

https://finance.yahoo.com/news/coffee-prices-keep-surging--and-its-likely-to-get-worse-140643669.html

[Aristus]

1. It takes a special kind of spectacularly idiotic voter to believe that a guy who bankrupted

a fucking casino would somehow be able successfully to helm the largest economy in the world.

I swear I don't know how is it that more of these droolingly brain-dead wastes of human protoplasm don't succumb to the Darwin effect. They need to do the valuable part of the human race a favor, and take themselves out of the gene pool.

Go on, guys. Kill yourselves. Lean into the strike zone and take one for the team.

[Jersey Devil]

5. 3 casinos actually

Trump Plaza, Taj Mahal, Trump Castle. I stayed at Trump Plaza a,few years before it went bankrupt. Even then they were repairing rips in the carpets,with duct tape.

[Paladin]

2. Bag of Starbuck's coffee, 3 weeks ago: $10.00.

Bag of Starbuck's coffee, 3 days ago: $15.00.

[HappyH]

3. Go small and local

I'm sure he will go up on his prices when he needs to, but a pound bag of roasted Costa Rican beans is still $10 from our local roaster.

[W_HAMILTON]

9. That isn't an option for the vast majority of Americans.

Aside from a small fraction grown in Hawaii, all of America’s coffee comes imported from countries like Colombia, Brazil, and Switzerland.

Taken from: https://usafacts.org/articles/where-does-americas-coffee-come-from/

[HappyH]

10. I did not mean that the beans are grown here, they are not.

But they are roasted here by a local company. I am blessed to live in an area where there are many small coffee roasting companies, every one of them is substantially cheaper than buying coffee at the grocery store.
If coffee gets too expensive I’ll switch to beer. There are dozens of micro breweries around, again with a better product and price than you’ll see at the grocery.

[TnDem]

4. Squat to do with Trump in this case

The coffee AND cocoa harvest was predicted to be bad for for the 12 months because of a poor growing season, not tariffs...The cocoa crop has suffered worse than coffee. Tariffs have had nothing to do with it.

I have been buying coffee and cocoa for the last 9 months or so..My local discount store had some overstock dark roast Starbucks coffee cheap about 8 months ago and we bought 8 or so jugs...Opened them and put desiccant in them, sealed them and put them back in a cool, dark closet.

[Yo_Mama_Been_Loggin]

6. The 50% tariff doesn't help.

But yes there are additional factors as the article points out.

[Hekate]

11. I remember that as well. The less expensive brands of chocolate (& even the others) have degraded in flavor..l

I wondered how it would be with See’s, a brand started in California in 1921. They seem to be less well known out East, but they are very good.

I drop by for a few pieces every couple of months, so have been aware of the prices going up. Months ago I found an ancient gift certificate for a pound while cleaning out a kitchen drawer, and finally used it last week. I paid zero in cash, but the price on the receipt showed just short of $35. Yep, 35 bucks for a 1 pound box, counting tax.

Okay, so here’s my judgment on their quality: if you are jonesing for quality chocolate candy, See’s is holding steady. If you are on a budget or a diet, buy only a few pieces. Somehow they are still getting and using quality ingredients, but as merchants they have to pass their costs along. Trump’s “policies” will make it worse.

As for cheap candies, the kind you buy big bags of at Halloween and Xmas, they started to go bad several years ago, enough so that I finally put a note on my calendar that they give me a stomach-ache.

[Totally Tunsie]

7. BJs just had a slight rise so far.

Wellsley Farms Colombian Supremo Whole Bean, 40 oz., $19.99.
Up $1.00 two weeks ago.

Starbucks House Blend Medium Roast Whole Bean Coffee, 40 oz., $21.99
but after $5.00 off via coupon, $16.99

I've been stocking up and rotating the Wellesley Farms since the first talk of tariffs and have about 30 lbs of whole beans in the freezer. I'll still replenish at the $19.99 price - often with their $2.00 coupon - but will stop and rely on supply if prices go higher. Should be good for a while.

I did the same with toilet tissue, olive oil, Perrier, some French wines and the Polish vodka I like. Much on hand with some pretty crammed closets!

[Hekate]

8. I've been getting Peet's from Costco at approx. $15 per 2 pound bag. Started buying a couple every time I went in...

I store them in the freezer in the garage. So far so good. But I certainly can’t do that with bananas, which are also a staple in the average American kitchen. Olive oil went up before I thought about it, but I’ve been buying California for quite awhile anyway. I just got two bottles of Californian from Costco (Pompeiian brand, which is confusing, but still) .

Trump is a damn idiot. The country is not “self-sufficient” in very much and hasn’t been in over 50 years thanks to many trade treaties and rampant deregulation of capitalism. I remember when at least one US steel mill was dismantled and sold to an Asian country. Taken apart! Shipped away!

Honestly, do consumers ever read the labels that show where things are made or grown?

About 10 or 15 years ago, my daughter went on a kick about the necessity for children’s toys to be non-toxic in every way, and she was very specific about materials. It wasn’t just about her own, but the ideologically-driven daycare she operates. Okay, I’m all for natural and non-toxic (altho there’s plenty of toxic stuff in nature, which is why I don’t grow oleander) — but I hadn’t had to actually shop intensively for toddler toys in about 20 years. What I found after an exhaustive and exhausting search was that aside from a very few handcrafted and expensive wooden toys, there was nothing “made in the USA” much less non-plastic. Nothing.

Did I mention Trump is a damn idiot?