prices

As coffee prices skyrocket, local coffee shops struggle with financial burden

WASHINGTON, Ill. (WMBD) — Coffee lovers are in for a rude awakening as coffee prices are on the rise. “Coffee is, on the world market, it’s the second-largest commodity. It’s traded next to petroleum,” said Yvonne Andresen. Andresen is the owner of The Blend in Washington. She said she first noticed a spike in prices back in April 2021. “It soared to a five-year high,” Andresen said. The hike in prices has plenty of causes. The market is primarily controlled by Brazil, responsible for 30% of global coffee exports. Brazil experienced a severe drought, the “worst dry spell in 91…
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Wetherspoons is slashing food and drink prices by 7.5% for one day only

The discount will be available at 870 pubs to mark Tax Equality Day on 23 September (Photo: Getty Images)Wetherspoons is slashing the price of its food and drink by 7.5 per cent this month for one day only.The pub chain has said the discount will be available at 870 of its pubs in protest against hospitality tax rates.Sign up to our daily newsletterThe i newsletter cut through the noiseCalls for a permanently reduced tax billWetherspoons said customers will be able to enjoy discounted food and drink to mark Tax Equality Day on 23 September, in a move intended to highlight…
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Meat counter prices rising to ‘spook zone’ levels: food expert – Winnipeg

As barbecue season simmers down, the cost of meat is still rising across Canada, even as year-to-year demand wanes. Several culprits are pushing the upward-trending price tags, food distribution professor Sylvain Charlebois told Global News on Friday.“We’re slowly reaching the spook zone at the meat counter,” said Charlebois, who also serves as the director of Dalhousie University’s Agri-Food Analytics Lab.“In fact, we’re starting to see numbers that suggest that Canadians are absolutely walking away from the meat counter,” he said. Read more: Food will likely get even more expensive. What does the election mean for your grocery bill? In…
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Trending Headlines: Drought, markets, food prices & grasshoppers

This week’s Trending Headlines highlights the ongoing challenges facing ranchers in the western states including swarms of grasshoppers and increasing drought conditions. We also take a look at cattle markets and rising food and fuel prices. The blog wraps up with a look at Biden’s executive order to address competition in various industries, as well as an update on the farmer debt forgiveness program and the response from producers across the country. 1. “Cattle are competing against grasshoppers for food in the West's historic drought. The bugs are winning.” by Rachel Ramirez for CNN Related: Legislation pushes back on Biden’s…
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