How does the market for coffee take raw coffee beans at $3.24 per pound and turn them into coffee retailing at $2.80 for a cup? This chart
produced by the Specialty Coffee Association (in November 2019) tells the bare bones of the story. I leave the commentary to you.
Coffee-philiac readers may also be interested in
"When Coffee Was the Newly Introduced Good Under Attack" (December 24, 2019).