Arabica coffee prices hit their highest ever level on global supply worries, beating a prior record set in 1977. Continuous arabica coffee futures on the ICE rose 4.1% to $3.44 a pound at 1335 GMT ...

In February, the cost of Arabica coffee futures, which sets the current price for a cup of joe, more than doubled to $4.30 per pound from $2 per pound the same time last year. SF Gate reports that ...