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Why the price of coffee has spiked

The cost of coffee has hovered near record highs on the futures market after droughts in top-producing Brazil and Vietnam. Supermarket brands like Nescafé and Folgers have raised their prices.

Copyright 2024 NPR

Alina Selyukh is a business correspondent at NPR, where she follows the path of the retail and tech industries, tracking how America's biggest companies are influencing the way we spend our time, money, and energy.