At first glance, it might seem like a win for coffee producers, with higher C-Market prices on the ICE Exchange in New York suggesting that they might finally receive fairer compensation for their hard work. However, a deeper analysis of the supply chain reveals more significant, troubling issues that underscore the magnitude of the coffee crisis and the potential long-term negative impacts on producers.
Read MoreEarlier this year, when we started using the term “Coffee Crisis” we were contacted by Fairtrade International asking to come and discuss the work they were doing.
I have been curious about Fairtrade over the years because of the mixed messages I get from stakeholders in the industry that engage with Fairtrade Coffee. So when they approached me about the potential for a discussion on the podcast, I was very interested. I was especially keen to hear their perspectives on the role that regenerative agriculture would play in the future of coffee supply stability.
Read MoreIt's official...we are not in a normal coffee market!
Judy Ganes, everyone's favourite on the podcast is back to explain that we are in "backwardation" (the price of contracts on the exchange decreases as we go into the future), an abnormal state for the market.
Judy, the director of J Ganes Consulting, is a world-renowned market advisor with over 40 years of experience in the commodities sector.
In this series Judy gives us insight into "market structure" and "certified stocks" and why the situation we're facing at the moment isn't what the "typical" market is faced with.
Read MorePerhaps the greatest source of anxiety at the moment across the coffee supply chain is pricing instability and volatility.
Our returning guest in this series is the owner of US-based boutique commodities brokerage, DeCarley Trading, Carley Garner.
With all the price volatility in the market recently, as well as the uncertain pricing in the near and medium future, I thought it was time to have Carley back on the podcast to help us with clarity on where the futures market is, what it's likely to do, and how we can adapt to hedge against any negative consequences no matter where we are on the supply chain.
Read MoreTo say this month is off to an interesting start is an understatement! With coffee prices soaring again on the C-Market at the same time as global economics are experiencing high volatility and throwing currencies into a spin, people are understandably wondering what comes next!
Some are asking if the volatility that we saw in Cacao will be witnessed in coffee. To answer this question I wanted to get an expert onto the podcast who understands what happened in Cacao earlier this year.
This week on The Daily Coffee Pro Podcast by Map It Forward podcast hosted by founder, Lee Safar, our guest is Antonie Fountain, managing director and co-founder of VOICE Network (cocoa) and VOCAL Alliance (coffee).
Read MoreAccording to the ChamberofCommerce.org, approximately 400,000 small businesses opened each year in the United States between 2009 and 2016. Contrary to what the sensationalists out there would have you believe, the vast majority of those small businesses, including cafes and coffee roasting businesses, will NOT close in their first year of business.
Read MoreIf you’re anything like me, it’s been another year where it’s felt like it’s you’re steadily making your way into March and out of no-where, you look up only to realize that it’s already OCTOBER!! Add to that the realization that it’s only a couple of months to the end of this decade and it’s got me feeling like I need to speak to the controller of this sim and ask them to chill the fuck out with this “time-speeding-up” thing!
Despite time going way to fast for any of us to keep up, with a new decade comes wonderful potential for setting (or resetting) intentions and goals and creating a refreshed outlook on what you, whether you’re a business owner or a professional in the hospitality industry, set your sights on achieving!
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