Coffee Prices Rise For U.S. Consumers
Packages of Folgers and Dunkin Donuts coffee are displayed on a shelf at Cal-Mart Market on May 24, 2011 in San Francisco, California.  Justin Sullivan/Getty Images

Your Folgers and Dunkin’ Donuts Coffee Just Got More Expensive

Updated: Jan 13, 2017 2:53 AM UTC | Originally published: Jan 11, 2017

J. M. Smucker (sjm) said on Wednesday that it had raised prices of its packaged coffee products such as Folgers and Dunkin' Donuts by an average of 6 percent in the United States.

The biggest U.S coffee roaster said it had hiked prices in response to a sustained increases in green coffee costs.

Arabica coffee futures rose to the highest level in almost six weeks on Tuesday, boosted by index fund buying, after major a Brazilian coffee exporter forecast smaller arabica and robusta crops for 2017-18.

Last June, when there were ample supplies from Brazil, Smucker had cut retail prices on Folgers and Dunkin' Brands Group Inc's Dunkin' Donuts coffees by 6 percent.

Smucker said on Wednesday that its K-Cup pods were excluded from the price increase. The company is licensed to make packaged coffee and K-cup pods for Dunkin' Donuts.