ORRVILLE, OH - Citing increased supply costs, the J.M. Smucker Co. announced earlier this week that it has increased prices for most of its coffee products, Ohio.com reports.
Prices increased an average of 4 percent, effective Tuesday, on the majority of Folgers, Dunkin' Donuts, Millstone and Folgers Gourmet Selections products sold in retail coffee markets. Prices for coffee products sold in other outlets will also increase during the current quarter.
The company said that increased costs in "green" coffee, fuel and packaging have led to the increased prices.