Caffeine high: bean price skyrockets

BEAN FACTS: Alowishus Delicious says the rise of coffee bean prices will not necesarily mean a rise in price of a cup of coffee. Pictured here is staff member Amy Baldwin. Photo taken on Wednesday, 8 October 2014. Photo: Max Fleet / NewsMail
BEAN FACTS: Alowishus Delicious says the rise of coffee bean prices will not necesarily mean a rise in price of a cup of coffee. Pictured here is staff member Amy Baldwin. Photo taken on Wednesday, 8 October 2014. Photo: Max Fleet / NewsMail Max Fleet

WITH coffee bean prices hitting a 2½-year high, some coffee lovers are concerned it could impact the cost of their regular morning brew.

Arabica-coffee prices peaked on Tuesday at $US2.20 a pound on the ICE Futures US exchange, the highest level since February 2012.

And with industry analysts predicting dry weather in Brazil, the world's biggest coffee bean producer, concerns have been raised that takeaway coffees could increase.

However, Bundaberg's Alowishus Delicious owner Tracey McPhee said while the cost of a cup of coffee could rise, it would be because of other contributing factors including labour and electricity costs.

"In the cafe industry, especially in regional Queensland, when you do open after 9pm at night, on the weekend or public holidays there are different penalty rates," she said.

"In recent times, we have seen more cafes opening for longer trading hours over weekends and evenings. If anything we may see a reduction in those hours."

Mrs McPhee said she did not expect the rise in coffee bean prices to impact her directly.

"We source premium beans so there is more margin there for the roasters," she said.

"So I don't think we will be impacted as much as the lower end brands."

This comes as new research, published in Molecular Psychiatry, analysed 120,000 regular coffee drinkers identifying six genes associated with our love, or otherwise, of coffee.

Two of the genes are involved in caffeine metabolism, two are thought to influence the effects caffeine has on the brain, and two are involved in sugar and fat metabolism which may explain why some people need a cup of coffee a day and others don't.

Topics:  coffee penalty rates

Brisbane's arts and culture events centre stage

A CITY drenched in culture, Brisbane is again flaunting an arts and culture events calendar fit for a queen.

Homewares stores to fulfil your Instagram dreams

No Caption

You too can become an Insta-star with these fab stores.

Date nights under $50

Nothing is more romantic than a picnic with a cracking view.

NOT every date has to cost you a bomb.

Top 10 Brisbane experiences to cross off your bucket list

Do yourself a favour and get amongst the food truck scene. Eat Street is a great place to start.

A GOOD bucket list doesn’t have to span continents or cost millions.

Six mega sporting events you need to be at this year

Don't miss all the action trackside this season.

IF THERE is one thing Brisbane does damn well, it’s play host.

Six reasons to get to Brisbane this Autumn

The Brisbane Powerhouse has free comedy on Friday nights.

AUTUMN has to be up there with one of the best seasons of the year.

The best things to do in Brisbane are FREE. Yes, FREE

Mt Coot-tha is a seriously gorgeous way to start your day.

HEADING to the big smoke doesn’t have to come with a big price tag.

Takalvans owner says proposed laws will hurt small business

FAIR GO: Takalvans owner Dale Rethamel is relieved the government will exempt the caravan industry from Sunday trade under new reforms.

Caravan retailers don't want Sunday trade

Hundreds sign petition against national park road

The petition against the road through Deepwater National Park has attracted support.

593 against upgraded road through Deepwater National Park

Local Partners

Baywatch: Lifeguards with model looks return for 'filthy fun'

TWO chiselled men emerge from the surf. One looks like a god. The other, well, he's gasping for air and doesn't realise there's a jellyfish on his chest.

Model Bella Hadid's see-through dress shocks in Cannes

US model Bella Hadid attends the Cinema Against AIDS amfAR gala 2017 held at the Hotel du Cap, Eden Roc in Cap d'Antibes, France, 25 May 2017.

It’s like she’s become addicted to shock value.

No room for morbid fans

Chris Cornell.

Fans want to stay in the hotel room where Chris Cornell died

Star Wars' 1977 Stormtrooper head banger confesses

A Stormtrooper is responsible for the biggest blunder in a Star Wars movie. Picture: Supplied

Man in most famous blooper in Star Wars history breaks silence

Lyn's knock-out show gets her to next round on The Voice

ONWARDS AND UPWARDS: Lyn Bowtell is through to the battle rounds on The Voice.

'It was bitter sweet to win like that'

Is this the talent you get when you limit electronics?

Cassidy Kilburn in the Get the Beat International Dance Competition.

Cassidy, 11, preparing for national dance championships

Report reveals progress on $319m airport upgrade

Aerials of the Sunshine Coast.Jetstar plane in front of the Susnhine Coast terminal, Sunshine Coast Airport.

Over two dozen government approvals needed for airport expansion

Lost dough leaves sour taste after company collapse

Kathleen and John Mahoney from Sugar and Spice Bakery were stung after the collapse of Cantro Pty Ltd and are still owed money.

Supermarket operator collapse leaves sour taste for bakery

Open for inspection homes May 25-31

Check out this weekend's homes open for inspection

How Toowoomba house prices compare in Australia

For sale sign in front of home.

Here's what $700,000 will buy you in Toowoomba, Brisbane and Sydney

One of Maryborough's most historic homes is still for sale

FULL OF HISTORY: Trisha Moulds is owner of the historic Tinana state known as Rosehill. The beautiful home is currently for sale.

It has been the scene of both joy and tragedies over the years.

Ready to SELL your property?

Post Your Ad Here!