Posted by: tpsky on: February 17, 2007
Have you heard this news? Starbucks announced that they plan to double the amount of coffee they buy from East Africa to help the African coffee farmers. Well, before you feel all warm and fuzzy inside, read between the lines very carefully… They’re proposing to buy more, not pay more. Starbucks had reported that they paid an average of $1.23/pound last year. Well, my favorite mocha is now more than $3 per cup, and how many cups a pound of coffee beans make? Aren’t we all beaming with the pride of the brotherhood that Starbucks has set out for others to follow?
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