U.S. coffee drinkers can expect rising prices as perfect storm of factors impact global supply chains [FOX Business Network]

The J.M. Smucker Company (SJM)
Last the j.m. smucker company earnings: 2/26 07:00 am
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Source: FOX Business Network
Americans can expect the price of their daily cup of java to stretch their wallet a bit more than usual as a litany of factors impacting the global supply chain result in rising prices. In February, wholesale arabica coffee prices shattered its previous record at $4.30 a pound – double the price from last year – according to futures contracts traded in New York. Now, coffee roasters who took their chances in the futures markets are feeling the burn, and could pass the price off to customers. Traditionally, companies invest in the futures market in hopes of securing a lower cost, but coffee prices just keep climbing. In February 2025, the average price of ground roast coffee rose to a record high of $7.25 a pound, according to government data. For an in
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SJM
News
- The J. M. Smucker Company (NYSE: SJM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Is The J.M. Smucker Company (SJM) the Best Coffee Stock to Buy Now? [Yahoo! Finance]Yahoo! Finance
- The J. M. Smucker Company (NYSE: SJM) is now covered by analysts at Morgan Stanley. They set an "overweight" rating and a $123.00 price target on the stock.MarketBeat
- The J. M. Smucker Company (NYSE: SJM) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Shelf-Stable Food Stocks Q4 Results: Benchmarking J. M. Smucker (NYSE:SJM) [Yahoo! Finance]Yahoo! Finance
SJM
Earnings
- 2/27/25 - Beat
SJM
Sec Filings
- 3/31/25 - Form 4
- 3/28/25 - Form 144
- 3/24/25 - Form 4
- SJM's page on the SEC website