The J. M. Smucker Co., according to a company press release, has decreased the list price for the majority of its coffee products sold in the United States, primarily consisting of items sold under the Folgers®, Dunkin’ Donuts®, and Folgers® Gourmet Selections® brand names. Prices will decrease an average of six percent on impacted items.
The decrease in price is driven by declines in the green coffee futures market.