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sculker 03-05-2008 11:45 PM

Kraft raises prices on well-known coffees
:o Cops will want a raise. Now if donuts go up we`al in trouble!

Kraft raises prices on well-known coffees
Tue Mar 4, 2008 10:35am EST
NEW YORK (Reuters) - Kraft Foods Inc (KFT.N: Quote, Profile, Research) raised list prices on some of its Maxwell House and Yuban coffees, citing climbing green coffee prices, spokeswoman Bridget MacConnell said on Tuesday.

The price hike will be 20 cents per 11- to 13-ounce cans on select Maxwell House and Yuban coffees, effective immediately, MacConnell said.

Select instant coffee was increased by 3 cents per ounce, she said.

MacConnell said the increase was due to the significant increase in the cost of green coffee.

The increase followed Procter & Gamble's (PG.N: Quote, Profile, Research) hike in Dunkin' Donuts and some Folgers coffees prices, due to higher green coffee prices, on Monday.

Massimo Zanetti Beverage USA also increased the list prices of its well-known coffee brands like Chock Full o'Nuts on the same day.

(Reporting by Marcy Nicholson; Editing by Walter Bagley) ssNews&rpc=23&sp=true

landonRinek 03-06-2008 01:07 AM

Which they might seeing as the price of wheat is going up, therefor flour, and therfor doughnuts will also go up, then cops wages go up, followed with a tax rate hike to pay for the new cop salaries ;)

beautiful system isn't it?

fluffo63 03-06-2008 01:53 AM

..everything is raising in price,,even the thing i cant live

Samhain 03-06-2008 03:03 AM

recession is here.....

bkt 03-06-2008 09:29 AM

Whether we're in a recession or not is something for the economists to argue over. Clearly, with the dollar tanking and the cost of consumables and raw materials skyrocketing, the economic situation is not good.

And yet our government wants to fund certain crops (think ethanol) and provide more, more, more to everyone, and they will pay for it with your tax dollars.

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