EP 619 Carley Garner - Hedging Coffee Prices Explained - The Daily Coffee Pro Podcast by Map It Forward
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Please note: None of the information in any episode of this podcast constitutes financial advice.
This is the 3rd episode of a new five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by founder, Lee Safar.
Our returning guest in this series is the owner of boutique commodities brokerage, DeCarley Trading, Carley Garner.
The focus of this series is the current pricing volatility of the coffee futures market.
In this episode of The Daily Coffee Pro by Map It Forward, Lee and Carley delve into the complexities of coffee price volatility and the role of hedging in the coffee futures market.
The conversation explores various hedging strategies, the influence of currency fluctuations, and the benefits for both coffee producers and buyers.
Learn how producers and traders can use various hedging strategies to mitigate price risks, why it’s crucial to consult professionals, and how currency and fuel costs can impact the coffee industry.
00:00 Introduction to Coffee Hedging
00:25 Sponsorship Message
01:03 Welcome and Series Overview
02:11 Understanding Hedging in Coffee
03:30 Hedging Strategies and Examples
09:46 Real-Life Hedging Scenarios
14:39 Currency and Hedging
17:17 Hedging for Coffee Buyers
19:26 Conclusion and Next Steps
20:13 Closing Remarks
Connect with Carley and DeCarley Trading here:
Website: https://www.decarleytrading.com/
Instagram: https://www.instagram.com/decarleytrading/
Linkedin: https://www.linkedin.com/in/carleygarner/
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The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
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🤑 This episode is brought to you by Map It Forward's revised on-demand online workshop "It's Time to Become a Coffee Consultant" available now on our website with additional new bonus material including the coffee consultant career map. Get more details on how you can create an alternative revenue stream today at https://mapitforward.coffee/workshops
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💡Support this podcast, watch this episode without sponsor messages by becoming a paid member of this YouTube channel or joining our community on our Patreon here: https://www.patreon.com/mapitforward
For more information about MAP IT FORWARD go to https://www.mapitforward.coffee or https://www.instagram.com/mapitforward.coffee/