STUART, Fla. — The cost of your morning cup of coffee continues to climb, with prices rising faster than many other grocery staples across the country.
I love coffee, but these days it's getting very expensive. I wanted to know what's going on and why, so I decided to investigate. First, I needed to get a coffee.
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I bought a sugar-free vanilla latte with almond milk in Martin County, and it cost $6.15.
"I have noticed an increase, but I think in general everything's a little more pricey these days," said Marc Manning, a coffee customer.
I visited The Roasted Record coffee shop in downtown Stuart, where they roast their own coffee in-house. The shop is owned by Mike Mann, who has been in the industry for nearly a dozen years. He said the price of coffee is higher than ever.
According to the most recent data from the federal government, theMann said several factors play into the price hike, with the biggest one being supply and demand.
He receives his coffee in 132-pound bags — and the cost has nearly doubled in the past few months.
"This time last year, we were paying about $380 for this bag," Mann explained. "And this year, I'm paying close to $690 for that same bag."
Brazil is one of the largest coffee suppliers in the world, so what happens there dramatically affects the market, Mann explained.
He said new tariffs didn't help the problem. While the Trump administration announced it'd be