Coffee bean prices expected to rise

Sept. 4, 2006 Prices for arabica coffee beans on the New York Board of Trade may climb more than 20 percent in the next 12 months. Demand is coming from Procter & Gamble Co., whose Folgers brand is the best-selling U.S. coffee, and Kraft Foods Inc., the maker of Maxwell House. Coffee sellers are turning to the arabica beans traded mostly in New York after a cheaper coffee variety called robusta rallied to a seven-year high in London last month.

Topics: Operations Management

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