Friday, December 10, 2010

CNBC Strategists: Already High Coffee Prices May Not Have Peaked Yet

Just how out of control are coffee prices right now?

We're pretty sure the fact that some of CNBC's top Wall Street strategists are suggesting that it is a good time to buy coffee while prices are already at a 13-year high should give you a pretty good idea.

If nothing else, the fact that it's predicted that the price of coffee (the commodity) will still rise more than 20 percent in the next year means one thing - the price of a cup of coffee is going to get more expensive.

Click here to read the full CNBC story: How to Trade Rising Coffee Prices