About 3 years ago the price of coffee went up in all the coffee places around, which was understandable due to the market price of coffee went through the fucking roof. now that the markets are going back up yet again chains are putting there coffee prices slightly higher, the problem is the prices never went back down when the price of coffee (commodity) went down.
Yes the prices have jumped for year 2014 but look at the price in 2011 , we should of seen a decrease in those prices. I know someone will say BUT WHAT ABOUT ALL THE OTHER PRICES. Oil has stayed somewhat stable but what ever the fuck they do to increase on that is always a mystery, its like someone goes “SHIT the suns out SOMEONE INCREASE GAS PRICES QUICK!” . Milk prices are slightly up and there is a multitude of reasons for that that could get its own post, but considering the milk to coffee ratio it would have a lesser effect on the total price.
A lot of the times companies find the easy way to raise the price of things is “insert random thing happening here to a small portion of the total that really doesn’t have on effect on the thing in question”. Bob shit himself again.. RAISE PRICES! of all the times I’ve read about oil refinery fires and how they are going to spike gas prices , doing a little research you find out that said refinery is only responsible for 0.1% of total fuel production, that makes you go WTF are they making there? It seems every other commodity market has gone into the practice of manufactured disasters or some sort of market manipulation to increase prices.
CWT financed ten rounds of herd retirements from 2003 to 2010, during which CWT was responsible for removing over 500,000 cows from production, reducing the nation’s milk supply by approximately 10 billion pounds…. By the end of the program in 2010, it was responsible for a cumulative increase in milk price revenue of $9.55 billion.
That resulted in a class action suit for price fixing. Since its not about supply and demand, its more over about money and more money. So at this point I’ll stick to making my coffee at home.