Schumer: 35% Jump in Coffee Prices Has Americans Paying More for Their Cup of Joe; Senator Urges Feds to Lean on Major Producers Like Brazil, Vietnam That May Be Limiting Global Supply
September 06, 2010
September 06, 2010
WASHINGTON, Sept. 6 -- The office of Sen. Charles E. Schumer, D-N.Y., issued the following news release:
With coffee bean prices hitting a 12-year high last month, U.S. Senator Charles E. Schumer (D-NY) urged the Obama administration Monday to press the world's leading coffee exporters like Brazil and Vietnam to abandon any stockpiling plans that could drive prices even higher.
The government of Vietnam, which is the world's top exporter of robusta coffee . . .
With coffee bean prices hitting a 12-year high last month, U.S. Senator Charles E. Schumer (D-NY) urged the Obama administration Monday to press the world's leading coffee exporters like Brazil and Vietnam to abandon any stockpiling plans that could drive prices even higher.
The government of Vietnam, which is the world's top exporter of robusta coffee . . .