Turmoil brews in coffee industry
BY DALE K. DuPONT
MORE IN STORAGE: Warehouse stocks are up about 15 percent over last year, says Roberto Olmeda, generald manager of Colmar Storage. AL DIAZ/HERALD STAFF
Talk about a jolt from java.
World supplies of coffee exceed demand. Quality is deteriorating. Prices paid to growers are in a slump, while prices of some supermarket brands are going up. Colombia is opening a string of coffee shops to shore up its market. And Starbucks is pushing into Latin America.
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