Price of coffee heats up

(CBS News) Well over 2 billion cups of coffee are sipped or slurped every day, in every corner of the world. The cost of that coffee is rising fast. In Tuesday's trading, raw beans averaged nearly $3 per pound, just pennies below the peak price in 1977. CBS News correspondent Bill Whitaker reports that change is bitter news for coffee lovers and retailers. At City Bean Coffee in Los Angeles,

http://bit.ly/fN6I5b