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Story summary
- Coffee prices have risen about 19% over the past year.
- In Stuart, Florida, Mike Mann reports prices rose from $380 to $690.
- Factors driving the surge include supply and demand, tariffs, and poor harvests.
- Illycaffè, the Italian roaster, plans a January price hike after two increases, with Cristina Scocchia, the Illycaffè CEO, saying Arabica costs are unsustainable.
- Experts expect prices to persist into 2026, with partial stabilization possible.
