Coffee Prices Squeeze New York Roasters

September 21, 2011 2:10 pm

Despite an exponential increase in business since launching two years ago, a Rochester, N.Y.-area coffee roaster is still fighting survive record-high coffee prices.

Jody Michael Wolfganger recently told Rochester’s Democrat and Chronicle that his company, Evening Star Coffee Roasters, is now roasting 500 to 1,000 pounds of beans per week for more than 50 accounts in the area. Despite the modest success — as Wolfganger operates the business out of an 800-square-foot converted garage at his home — the company is just barely getting by.

“As those countries that were drinking tea are drinking coffee … prices are through the roof,” Wolfanger said, adding that he still plans to expand, due to word-of-mouth success.

The report also profiles Rochester’s Finger Lakes Coffee Roasters, which recently raised prices to its 500 wholesale customers by 10 percent — the first price increase in three years, co-founder Bob Cowdery told the paper.

“It’s tough,” Cowdery said. “We’re running on tighter margins now.”

The full story: Democrat and Chronicle

 

 

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