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Bean pricing into 2022 looks higher according to news report 30% higher in a week
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Milk auction references prices have also risen since late 2021 from around 1300 to 1600 - up around 18%, so milk is also getting more expensive on the global scale.
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Fantastic Link, enjoyed the read very much, Thanks BOS
For me, this underscores more than ever how home roasting and the investment of great espresso machines and grinders are really good ideas
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Media is picking up on takeaway coffee increases too. Expecting more of this in the coming months.
https://7news.com.au/lifestyle/food-...-c-6158442.amp
The article harks back to the times of $3.50 a cup to now seeing $5.00 a cup and expecting $6-$7... Even at $3.50 it's more than a 40% increase.
This can't all be coffee prices though. General inflation means milk is going up, takeaway cup prices, rents, not to mention the cafe owners (who are still around) are trying to get businesses back on their feet after covid lockdowns.
I think I've just justified my new machine upgrade in my head.
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I do like this quote:
https://www.goodfood.com.au/eat-out/...0220318-h22i26Surry Hills specialty coffee suppliers Single O announced a 50¢ increase in the price of their regular cup of coffee on March 1, but general manager Mike Barbant said he saw the move "not as a price rise, but an opportunity to be transparent about the price of a cup of coffee".
Ummm.....I think it's still a price rise (however justifiable)....these things are not mutually exclusive.
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What's going to be really depressing is where there's some real scarcity issues, or climate change ruins everything and coffee won't be readily available
that's depressing
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25% over 12 years is very reasonable, at just over 2% growth per year (non compound growth). Inflation over that same period was about 27% ish. So it's 'sort of' costing us less per kg than 12 years ago, at least in real terms. Just goes to show the service Andy provides to CS members is unbelievable and thanks to the growth + some other things Andy has kept prices down (as mentioned in his post below).
And agree the quality/range seems to only get better and bigger! Very happy with the price and service.
Thanks Andy!
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