Why your latte costs nearly $5, despite plummeting coffee-bean prices

From marketwatch.com

The price of a pound of coffee beans may be dropping fast, but that doesn’t mean consumers will get a break on the cost of their morning brew.

A pound of wholesale arabica coffee beans, the type of bean used by big coffee chains including Starbucks SBUX, +0.06% has been selling for under $1 since March, the lowest price point in more than a decade. One pound of ground coffee will make about 48 cups.

But experts say consumers will still be paying the same price for a cup of coffee or latte in stores and cafes. While wholesale coffee prices have been dropping, coffee prices for consumers have actually been going up.

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