Coffee Growers Seek Higher Prices

March 16, 2012
The efforts of some Latin American farmers to lessen their reliance on coffee has pinched supplies of high-end arabica, and coffee prices will again hit $3 a pound over the next two years, as a supply deficit emerges.

The efforts of some Latin American farmers to lessen their reliance on coffee has pinched supplies of high-end arabica, and coffee prices will again hit $3 a pound over the next two years, as a supply deficit emerges, according to The Wall Street Journal. For the full story, click here.