Coffee Prices

Dunkin' Donuts and Folgers coffee are displayed on a shelf at a grocery store on June 5, 2014 in San Rafael, California. (Justin Sullivan / Getty Images / June 5, 2014)

Yahoo! Finance reports: Coffee prices are heading higher at the supermarket and possibly at your local Dunkin' Donuts. Nigel Travis, CEO of Dunkin' Brands (DNKN), parent company of Dunkin' Donuts and Baskin-Robbins, tells The Daily Ticker that "coffee prices will go up a little bit in our stores, but not by much. We see other people increasing [the price] because of upward pressure."

J.M. Smucker (SJM) announced last week that it would raise coffee prices by an average of 9% for its Folger and Dunkin' Donuts supermarket brands - the first increase in three years. (J.M. Smucker has a licensing agreement with Dunkin' Brands). Prices for Kraft Foods Group's (KRFT) Maxwell House and Yuban roast and ground coffee brands jumped an average of 10% on June 6

Read the complete story at www.finance.yahoo.com.