{"id":9503,"date":"2022-04-17T10:00:13","date_gmt":"2022-04-17T00:00:13","guid":{"rendered":"https:\/\/themooraboolnews.com.au\/?p=9503"},"modified":"2024-02-03T21:25:30","modified_gmt":"2024-02-03T10:25:30","slug":"a-price-rise-thatll-wake-you-up","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/themooraboolnews\/news\/a-price-rise-thatll-wake-you-up\/","title":{"rendered":"A price rise that\u2019ll wake you up"},"content":{"rendered":"

By Lachlan Ellis<\/p>\n

It seems not even our beloved coffee is safe from inflated prices, with increased overheads blamed for a predicted price hike of up to $7.50 for a regular cup.<\/p>\n

Soaring shipping costs, and a cold snap in Brazil \u2013 which produces around 40 per cent of the world\u2019s coffee \u2013 have been blamed for an increase in costs which local roasters and cafes are already feeling.<\/p>\n

Earlier this month, President of the Caf\u00e9 Owners and Baristas Association of Australia, David Parnham, told the ABC that, compared to two years ago, shipping containers were now \u201cnearly five times the price\u2026due to global shortages of containers and ships to be able to take things around the world\u201d.<\/p>\n

And while his company is feeling the pinch, owner of Gordon coffee roasters Karon Farm Coffee, Luke McPherson, said he wasn\u2019t expecting coffee to reach the $7 \u2013 $7.50 a cup quoted by some sources, anytime soon.<\/p>\n

\u201cI can\u2019t see cafes charging $7.50 a cup, I don\u2019t think they\u2019d pass on that sort of price rise. The way it\u2019s affecting us, the price of our green coffee, so our raw coffee, has risen from June last year by $5.61 [a kilo] on average, which is about a 50 per cent price rise,\u201d he told the Moorabool News.<\/p>\n

\u201cWe have recently passed on a $2 a kilo increase in price, which doesn\u2019t really even cover half of the price rise. But I\u2019m crossing my fingers that the price starts to equalise a bit and starts to come down. I\u2019m not a coffee bean trader, but it\u2019s a bit like the stock market, it fluctuates up and down through the year.\u201d<\/p>\n

Smaller roasters will be hit earlier due to shorter-term contracts, McPherson added, with larger roasters able to capitalise on longer contracts drawn up before the price rise.<\/p>\n

To read the full story – Simply click on the following link<\/p>\n

https:\/\/issuu.com\/themooraboolnews\/docs\/mn_2022-04-12\/12<\/a><\/p>\n

in the 12 April 2022 edition
\nOR
\npick up a paper around your town.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Lachlan Ellis It seems not even our beloved coffee is safe from inflated prices, with increased overheads blamed for a predicted price hike of up to $7.50 for a regular cup. Soaring shipping costs, and a cold snap in Brazil \u2013 which produces around 40 per cent of the world\u2019s coffee \u2013 have been […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":221,"featured_media":26787,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[15],"tags":[5319,5320,5321,5322,5323,5324,5325],"post_folder":[],"class_list":["post-9503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cafe-owners-and-baristas-association-of-australia","tag-coffee-inflated-prices","tag-cold-snap-in-brazil","tag-david-parnham","tag-gordon-coffee-roasters-karon-farm-coffee","tag-luke-mcpherson","tag-soaring-shipping-costs"],"acf":[],"yoast_head":"\nA price rise that\u2019ll wake you up - The Moorabool News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/themooraboolnews\/news\/a-price-rise-thatll-wake-you-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A price rise that\u2019ll wake you up - The Moorabool News\" \/>\n<meta property=\"og:description\" content=\"By Lachlan Ellis It seems not even our beloved coffee is safe from inflated prices, with increased overheads blamed for a predicted price hike of up to $7.50 for a regular cup. 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