Consumer

Coffee prices slashed by major company

Tuesday, February 19, 2013
Coffee beans

Coffee beans (AP Photo)

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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