Kraft raises coffee prices

February 12, 2008 3:21:47 PM PST
The cost of a morning cup of joe is going up.Kraft has raised prices for its Maxwell House and Yuban coffees. Ground and roast coffee blends will cost 15 cents more per pound.

There's also a 3-cents-per-pound increase for instant coffee.

Kraft says the increase will offset higher costs of coffee beans.