Coffee Cost: Starbucks raising prices on some drinks - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Coffee Cost: Starbucks raising prices on some drinks

(CNN) - Your venti skinny mocha half-caf, extra-hot, no whip latte is going to cost you a bit more starting Tuesday. Starbucks is raising some of its prices.

You'll pay anywhere from 5 to 20 cents more per drink.

Not all drinks will be affected. For example, a tall or venti latte will go up about 20 cents. But a tall brewed coffee and frappucinos will cost the same. Starbucks insists the hike will affect less than 20% of its customers' orders, and boost most total receipts by less than 1%.

Starbucks is just the latest to raise prices -- Folgers, Dunkin' Donuts and Maxwell House did so earlier this month.

The price of coffee has been rising worldwide, hitting a two-year high in April. Increased global demand coupled with a drought in Brazil, which produces about a third of the world's coffee, shot prices up about 59% this year.

But the company says the price hike is because of its overall cost structure instead of skyrocketing coffee prices. Starbucks buys its beans in advance, and has enough for at least the rest of the year.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WQOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's pubic inspection file should contact News Director Dan Schillinger at 715-852-5920. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at