Starbucks’ Schultz predicts coffee shortage for everyone else

SEATTLE Starbucks Corp. chairman Howard Schultz predicted Friday that rising worldwide demand for better coffees would lead to a shortage of premium arabica beans for the coffee giant’s competitors.

In an interview with the Reuters news service, Schultz asserted that Starbucks would not feel the pinch because its long relationship with premium-coffee growers would make it the preferred customer.

“I do not believe that others will have access to the qu

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