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 MorePeople often ask “How do I become a coffee consultant?”. It's an interesting question because, much like everything else in the coffee industry, there is no defined path to "becoming" a consultant. No test or certificate you're required to have, no must-have accredited course that holds you to industry-wide standards, no proof that you know anything at all really. The barrier to entry for all things in our industry is low. Consulting is no exception. With this in mind, I'd like to invite you to consider a different question. Rather than "How do I", ask yourself "SHOULD I become a coffee consultant?"
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!
Read More“Looking for a skilled barista with minimum 2 years experience in a cafe located in…”. It’s how advertisements looking for barista’s seems to start more often than not. Especially in cities with more developed cafe cultures.
Recently someone asked, ‘How am I meant to get experience as a barista if everyone wants barista’s with a minimum of 2 years experience?’. How indeed.
Knowing how to get started during the first two years (what we at MIF call the Puppy Years) of your career in a way that will have long term, foundational benefits, is underrated in our industry. Most people tend not to take these puppy years seriously. They’re just “fun times in coffee” right?. Sure, and while they should truly be fun times meeting new people who share your passion for this awesome craft that we do, if you’re considering a long term career in coffee, I invite you to consider these puppy years as potentially the defining years of your future success in the industry, if done right.
Read MoreWe’re experiencing an interesting and intersectional time in the evolution of the coffee industry. We’re in the middle of a coffee price crisis that is causing small holder producers to abandon their farms, for at least the last for seasons, the global supply of coffee has outweighed the global demand, an increasing number of roaster are finding the confidence to establish direct relationships with coffee producers and pay a fair price for coffee, and increasingly, strides are being made to legitimise the profession of barista around the world.
Read MoreA MAP IT FORWARD thought/question to chew on for today!
How important is what I do as coffee professionals?
Despite how some "coffee people" act (#ego), we’re not in the business of saving lives, jumping into burning buildings or landing on Mars.
While what we do doesn’t even come close in the degree of difficulty as the above mentioned professions, we do have one very important role in the world. We get to make a persons day infinitely more enjoyable! This responsibility (and opportunity) should be taken seriously.
Read MoreOn the subject of Decaf and similar such things that we’re inclined to judge our customers for. Please stop it! Judging them I mean.
Whether or not a person drinks decaf, puts sugar in their coffee, adds milk, syrups, cinnamon, chocolate or whatever else, who are we to judge them for what they choose to drink or put into their drink? Further, what gives us the right to do so?
If having a job is for the purpose of making money alone, then that thing you spend a third of your life doing, your job, is doing little more than increasing your financial wealth. And lets face it, in the coffee industry, unless you’re one of the very lucky few, you’re living from pay check to pay check so it’s not even doing that.
Read MoreA thought to challenge yourself with today!
We pride ourselves as an industry as being welcoming and inclusive and hospitable to our customers. It’s an integral part of our jobs and the better we do this the more likely we are as employees and businesses to be successful.
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