Coffee prices expected to rise as a result of poor harvests and growing demand

The Guardian (Apr. 21, 2011) | The price of a cup of coffee is likely to go up further as coffee prices have topped $3 a pound for the first time in more than 34 years. Poor harvests of high-grade arabica coffee beans and a growing taste for gourmet coffee among burgeoning middle classes in China, Brazil, Indonesia and India are behind the sharp rise.