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Cotton, Chocolate and Coffee: Prices on the Rise

Tuesday, November 23, 2010

Global prices of cotton, coffee and chocolate are on the rise. WNYC business and economics editor Charles Herman talks about the possible effects on inexpensive t-shirts, your morning latte, and candy bars.

Guests:

Charlie Herman

The Morning Brief

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Comments [5]

Nina from NY, NY

Hola Charlie!
Esta manana oi tu entrevista con Brian Lehrer sobre el aumento del precio de cafe y chocolate. Muy interesante! Estuve en mi coche, manejando, y fui muy emocianante! Buen trabajo! Nina (de tu clase de Espanol.)

Nov. 23 2010 07:51 PM

Haven't you noticed the incredible shrinking candy bar? The same price but slightly less in each package -- hoping the consumer won't notice. Or they offer a super-sized package and charge more -- which seem reasonable -- but the unit price is actually higher as well. So they get you no matter what.

Nov. 23 2010 12:05 PM
Eugenia from Harlem

They don't have to raise prices - just shrink the size of the product. Now a "pound" of coffee is 12 oz.

Nov. 23 2010 12:01 PM
Ken from Little Neck

There's a very simple and elegant solution to coffee shortages - drink more tea!

Nov. 23 2010 11:55 AM
Caitlin

I remember a while ago some mysterious person or company purchased all the chocolate in Europe and had it shipped off to their warehouses. Any connection?

Nov. 23 2010 11:41 AM

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