Double Trouble For Coffee, Drought and Disease, Send Prices Up

"If you're drinking a cup of coffee right now, treasure it. The global supply of coffee beans may soon shrink because of problems in coffee-growing areas of Brazil and Central America."

"With supply threatened and demand strong, prices are taking flight.Wholesale coffee prices are up more than 60 percent since January — from $1.25 per pound of bulk Coffea arabica beans to $1.85 this week."

"The biggest market-moving force is a drought in Brazil, the world's biggest coffee producer."

"Lindsey Bolger, vice president of coffee sourcing for Green Mountain Coffee Roasters, says the damage left behind by the drought is not always obvious."