Operators may face increased costs as wheat, coffee prices rise
The price of wheat futures spiked to their highest levels in two years earlier this month and prices for raw coffee beans began to rise last month, moving the restaurant industry’s commodity environment to center stage. Commodity pricing has been mostly beneficial for restaurants for the past year and a half, especially compared with the soaring prices experienced in 2008, when profit margins were hit hard from inflated costs just as industry sales started to decline. In 2009, and so ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!