Hike could induce caffeine withdrawal

MARYANNA LEWYCKYJ, SUN MEDIA

There's trouble percolating in coffee markets could lift the price of your morning pick-me-up. Commodity prices for coffee beans have picked up steam recently, rising from 65 cents US per pound last summer to $1.37 US this week. Prices are bubbling up because of increased demand, coupled with supply shortages due to poor crop yields.

According to the International Coffee Organization, coffee prices jumped by 12.67% between January and February of this year, reaching their highest level since December 1999.

The skyrocketing prices have caused some major coffee distributors to raise prices for supplies headed to stores.

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