Kraft raises coffee prices again

March 4, 2008 4:20:12 PM PST
The price of coffee is going up again.For the second time in less than a month, Kraft is raising the price on its coffee brands.

Starting Tuesday, Maxwell House, Yuban and Gevalia ground coffees will cost 20 cents more per pound. Instant coffees are up three cents an ounce.

This follows Monday's price increases by Proctor and Gamble's Folgers coffee and Dunkin Donuts coffee.

Higher coffee bean prices are to blame.