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
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