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Starbucks Corporation Message Board

  • potof2manyhgold potof2manyhgold Dec 5, 2012 2:27 AM Flag

    is starbucks going to lower their prices now? fat chance..... :)

     

    Starbucks Corp. (NASDAQ:SBUX): According to Bloomberg, Brazil had record coffee harvests, compounding the worldwide excess of arabica used by Starbucks Corp. and Dunkin’ Donuts (NASDAQ:DNKN). Brazilian farmers will have 50.8 million bags in 2013, a record for a the low-crop season, noted by nine analyst estimates. The harvest reached 55.9 million 60-kilogram (132-pound) bags in 2012, an all-time high for a peak year. Prices may drop 13 % to $1.311 a pound by June 30, as shown by fourteen predictions.

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