Wednesday, November 25, 2015
Current Weather
Loading Current Weather....
Published: Tuesday, 8/16/2011

JM Smucker Co. lowers coffee prices 6%

Savings reflect drop in green coffee prices


ORRVILLE, Ohio (AP) — J.M. Smucker Co. said Tuesday it lowered the list price for most of its coffee products sold in the U.S. by an average of 6 percent to reflect a drop in green coffee prices.

The affected items are mainly sold under the Folgers, Dunkin’ Donuts, and Folgers Gourmet Selections brand names, the company said.

Smucker raised coffee prices four times this year to relieve pressures from rising coffee bean costs. Its last increase, in May, raised prices 11 percent.

The Dunkin’ Donuts brand is licensed to Smucker for packaged coffee products sold by grocery stores, mass merchandisers, club stores, and drug stores. The price change does not include Dunkin’ Donuts coffee or other products sold in Dunkin’ Donuts restaurants, Smucker said.

Orrville, Ohio-based Smucker is the maker of Folger’s coffee, Jif peanut butter and its namesake jams and jellies.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories