LEADER 02161oam 2200385Ma 450 001 9910696863603321 005 20080723163052.0 035 $a(CKB)5470000002382245 035 $a(OCoLC)176037427 035 $a(EXLCZ)995470000002382245 100 $a20071008d2007 ua 0 101 0 $aeng 135 $aurmn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aCost pass-through in the U.S. coffee industry$b[electronic resource] /$fEphraim Leibtag ... [and others] 210 1$a[Washington, D.C.] :$cU.S. Dept. of Agriculture, Economic Research Service,$d[2007] 215 $aiv, 22 pages $cdigital, PDF file 225 1 $aEconomic research report ;$vno. 38 300 $aTitle from title screen (viewed on July 23, 2008). 300 $a"March 2007." 300 $aA rich data set of coffee prices and costs was used to determine to what extent changes in commodity costs affect manufacturer and retail prices. On average, a 10-cent increase in the cost of a pound of green coffee beans in a given quarter results in a 2-cent increase in manufacturer and retail prices in the current quarter. If a cost change persists for several quarters, it will be incorporated into manufacturer prices approximately cent-for-cent with the commodity-cost change. Given the substantial fixed costs and markups involved in coffee manufacturing, this translates into about a 3-percent change in retail prices for a 10-percent change in commodity prices. Coffee manufacturers do not appear to take advantage of manufacturing and production cost variation to raise retail prices; retail prices respond the same to both increases and decreases in costs of coffee beans. 320 $aIncludes bibliographical references (pages 21-22). 606 $aCoffee 615 0$aCoffee. 701 $aLeibtag$b Ephraim$01396015 712 02$aUnited States.$bDepartment of Agriculture.$bEconomic Research Service. 801 0$bMNU 801 1$bMNU 801 2$bGPO 906 $aBOOK 912 $a9910696863603321 996 $aCost pass-through in the U.S. coffee industry$93455397 997 $aUNINA