Thanks to unusual temperatures and rainfall, coffee production is falling in some parts of the world, just as emerging markets like India and China are embracing the drink.
Francis Ford Coppola, director of film classics like "The Godfather," has lured famed wine expert Phillippe Bascaules away from France to revive his Napa Valley winery.
A new food safety law that requires stores, growers, and distributors to be able to trace every stop in the supply chain is creating a whole new business.
Starbucks is joining forces with Green Mountain to sell single-serve coffee and tea for Green Mountain's Keurig machines. Green Mountain already dominates the coffee-pod market. With Starbucks, its machines will become the industry standard.
Shortages and price shocks have helped along protests in the Middle East. One factor in rising food prices is climate change, says the Earth Policy Institute.
A California lawmaker has proposed a penny-per-ounce tax on sweetened beverages like soda. Bob Moon speaks to LA Times consumer columnist David Lazarus about whether the tax would work and why it may hit lower-income households hardest.