Your morning cup of coffee is getting cheaper

CINCINNATI - If you like to enjoy a hot cup of coffee in the morning, there's a good reason to pour an extra cup in the morning.

Coffee prices are falling. Raw coffee prices hit a 34-year high of $2.31 a pound in April. But since then, prices have been declining.

The price for a pound of coffee now costs $1.58. That's the lowest price since August 2010. As a result, Folgers is cutting its prices for the second time this year.

Analysts say other coffee makers are expected to follow suit.

Print this article Back to Top