Coffee prices slashed by major company

February 19, 2013 3:49:35 PM PST
Your morning cup of joe is getting cheaper.

J.M. Smucker has cut prices on Folgers and Dunkin' Donuts coffee by about six-percent effective immediately.

It's because of a steady decline in the cost of green coffee beans, according to the company.

So far Kraft Foods, the maker of Maxwell House Coffee, has not slashed prices.


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