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Friday, 18 February 2011

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Hyper-caffeinated coffee prices hit 14-year high

  • Friday, 18 February 2011
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  • NEW YORK (CNNMoney) -- Coffee prices hit a 14-year high this week, and it's only a matter of time before java lovers will have to pay more in stores and coffee shops. Coffee futures have doubled in the last year, closing at $2.46 per pound on Thursday. That's the highest price since May 1997, when coffee was trading at $3.20 per pound. "It is sad but true that higher coffee prices will be



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