kinther@lemmy.world to World News@lemmy.worldEnglish · 15 hours agoGlobal coffee trade grinding to a halt, hit hard by brutal price hikeswww.reuters.comexternal-linkmessage-square36fedilinkarrow-up1171arrow-down11
arrow-up1170arrow-down1external-linkGlobal coffee trade grinding to a halt, hit hard by brutal price hikeswww.reuters.comkinther@lemmy.world to World News@lemmy.worldEnglish · 15 hours agomessage-square36fedilink
minus-squareDhs92@programming.devlinkfedilinkEnglisharrow-up6arrow-down1·edit-29 hours agoLogistics cost money Shucking and processing the beans costs money Roasting the beans costs money
minus-squarecommander@lemmings.worldlinkfedilinkEnglisharrow-up5·5 hours agoYou’re forgetting the most obvious factor: charge the most people are willing to pay.
minus-squareJohnEdwa@sopuli.xyzlinkfedilinkEnglisharrow-up3·edit-23 hours agoExactly. And all of those stay the exact same price even if raw coffee price increases, meaning the price of a ready made cup of coffee hardly changes as the actual raw bulk coffee is only 1/60th of the total price of a starbucks latte.
Logistics cost money
Shucking and processing the beans costs money
Roasting the beans costs money
You’re forgetting the most obvious factor: charge the most people are willing to pay.
Exactly. And all of those stay the exact same price even if raw coffee price increases, meaning the price of a ready made cup of coffee hardly changes as the actual raw bulk coffee is only 1/60th of the total price of a starbucks latte.