date:Apr 25, 2014
ks profits have also received a boost in recent years from low coffee prices. But a drought in Brazil, the largest producer of the commodity, has provoked a sharp spike in the market for coffee beans in recent months.
Starbucks doesnt anticipate any impact to its bottom line from coffee prices this year, as the company has contracts in place for all its supply, Alstead said in an interview with The Seattle Times. It also has significant hedges in places for 2015.
But the real impact of the dro