Cheap coffee gets cheaper


	Cheap coffee gets cheaper

BirdBarista

12-6-2008 6:03 PM

4224 views

BirdBarista says:

It remains to be seen if JM Smucker, which recently acquired Folgers, will improve sustainable sourcing for this brand. Smucker does have a decent corporate responsibility record.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a6e5f51c-0470-4a08-a350-65d8799158c7/E8FE80DC-10AA-473E-BD68-489022E20AC6/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.forbes.com/reuters/feeds/reuters/2008/12/05/2008-12-05T233627Z_01_N05278219_RTRIDST_0_COFFEE-FOLGERS-CUTS-UPDATE-2.html" href="http://www.forbes.com/reuters/feeds/reuters/2008/12/05/2008-12-05T233627Z_01_N05278219_RTRIDST_0_COFFEE-FOLGERS-CUTS-UPDATE-2.html" style="font-size: 11px;">www.forbes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/reuters/feeds/reuters/2008/12/05/2008-12-05T233627Z_01_N05278219_RTRIDST_0_COFFEE-FOLGERS-CUTS-UPDATE-2.html"><P> Less than a month after acquiring Folgers coffee, <SPAN class="tickerlinx" xmlns:lxslt="http://xml.apache.org/xslt"><B>J.M.
Smucker<ORGID value="SJM" idsrc="http://www.forbes.com/reuters/feeds/reuters/2008/12/05/nyse"></ORGID>
</B></SPAN>
    (nyse:
      <A href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=SJM">SJM</A> -
	<A href="http://search.forbes.com/search/CompanyNewsSearch?ticker=SJM">
       news
    </A> -
    <A href="http://people.forbes.com/search?ticker=SJM">
       people
    </A>) Co announced that it cut list prices on four
Folgers coffee products effective immediately because of a
sustained decline in the cost of green coffee beans.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/reuters/feeds/reuters/2008/12/05/2008-12-05T233627Z_01_N05278219_RTRIDST_0_COFFEE-FOLGERS-CUTS-UPDATE-2.html"><P> J.M. Smucker, known for its peanut butter, jellies and ice
cream toppings, acquired the Folgers coffee brand and products
on November 6 from Procter & Gamble Co.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/reuters/feeds/reuters/2008/12/05/2008-12-05T233627Z_01_N05278219_RTRIDST_0_COFFEE-FOLGERS-CUTS-UPDATE-2.html"><P> Folgers is the largest producer of retail packaged coffee
in the U.S. Its product offerings include Folgers brand,
Millstone brand and a license to manufacture and distribute
Dunkin' Donuts coffee in the retail grocery market.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/reuters/feeds/reuters/2008/12/05/2008-12-05T233627Z_01_N05278219_RTRIDST_0_COFFEE-FOLGERS-CUTS-UPDATE-2.html"><P> Folgers said it uses both the richer quality arabica beans,
typically used in brewed coffees, as well as the harsher
tasting robusta coffee beans processed into instant or blended
coffees, in its products.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/E8FE80DC-10AA-473E-BD68-489022E20AC6/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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