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.