Folgers prices rising

Posted online January 12, 2017 | 11:33 am

Folgers owner Smucker plan to increase prices of the coffee brand by 6 percent.

The company cited "sustained increases in green coffee costs" as the reason for the increase.

During the past month, coffee prices have increased by more than 6 percent on commodity markets. They're selling nearly 30 percent up during the past year.

Read more from CNNMoney.

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