Tuesday, 22 February 2011
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Coffee prices hit record levels
NASHVILLE, Tenn. � Coffee drinkers are expected to shell out more money for all types of coffee drinks. Last week, coffee prices hit a 14-year high. A low supply of coffee has contributed to the price spike. Earlier this month J.M. Smucker Co., which owns Folgers and Dunkin Donuts, said it would raise prices by an average of 10%. Starbucks also increased prices at its retail locations across
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