JEREMY HOBSON: The price of coffee beans is above $3 a pound for the first time since the 1970s. And experts say coffee inventories are unlikely to build up in the forseeable future. Worse yet, some are saying we've reached "peak coffee" levels.
I stop nearly every morning on my way to work for coffee - I pay between 1.75-2.00 for a mediumish cup of quality coffee (locally roasted and brewed strong). I also just bought myself one of them Not-A-Paper-Cup double-walled porcelain travel mugs, thinking I should be trying to cut back on this habit of convenience.
The coffee girl this morning mentioned they'd gotten a notice of warning about prices from their bean supplier.
I'm thinking two bucks is kind of my limit for daily coffee, though I'd certainly pay more for an occasional, needy cup of coffee when out-on-the-town or traveling or whatever.
How much will you pay for a cup of coffee?