Sustained market declines leads to price decreases from producers.
The green coffee futures market has been in decline for quite some time, and coffee producers are responding to this trend.
The J. M. Smucker Co. has decreased the list price for the majority of its packaged coffee products sold in the U.S., primarily consisting of items sold under the Folgers and Dunkin’ Donuts brand names. The price decline also applies to the new reduced canister size of Folgers ground coffee. Prices decreased an average of 6% on impacted items in response to sustained declines in the green coffee futures market. The Company’s K-Cup pods were excluded from the price decrease.
Dunkin’ Donuts brand is licensed to The J. M. Smucker Co. for packaged coffee products sold in retail channels such as grocery stores, mass merchandisers, club stores and drug stores. This information does not pertain to Dunkin’ Donuts coffee or other products for sale in Dunkin’ Donuts restaurants.