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Relationships are about more than just paying a good price for specialty coffee

Perfect Daily Grind

And while these actors can certainly play an important role, their presence in the supply chain can often mean that producers end up receiving a smaller percentage of the final price of each cup of coffee. As part of this, farmers can receive higher prices for their coffee. This is especially important to note.

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How does foreign exchange affect the price of coffee?

Perfect Daily Grind

For the most part, both the price of arabica and robusta rely on futures contracts. These are legal agreements to buy or sell a particular commodity at a predetermined price on a set date. Fluctuations in the market can influence prices paid by roasters and consumers and prices paid to farmers, as well as their production costs.

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How do increases in the price of coffee affect co-operatives?

Perfect Daily Grind

From early 2021 through until mid-2022, coffee prices increased steadily – with arabica futures reaching a ten-year high of US 258.95 However, in recent weeks, the global market price of coffee (also known as the C price) has fallen to an 18-month low of US 174.20 cents/lb in February 2022. How do coffee co-operatives work?

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Restaurant Sustainability is About Success, Not Just Recycling.

Ken Burgin

Sustainability is about survival and prosperity – can we put that upfront? Now more than ever, with soaring supply prices, staff shortages and crazy weather, sustainability makes sense across all business areas – it’s much more than recycled packaging and local vegetables. They have a vital purpose and passion.

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How can coffee roasters reduce their costs?

Perfect Daily Grind

You may also like our article on whether coffee roasters should add robusta to blends if arabica prices increase again. On top of this, the Russian government’s invasion of Ukraine has worsened the situation – leading to record gas prices and potentially resulting in high energy and food prices for the next three years.

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15 Super Helpful How-To Articles for the Restaurant CEO

Aaron Allen & Associates

How to Reduce Food Cost Responsibly Is your menu properly aligned with existing and emerging consumer dining behaviors and trends that could impact purchase price, frequency, check average, and product preferences? Learn more about how to assess your brand strategy. Learn more about how we can help.

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Do specialty coffee consumers actually want to be more connected to farmers?

Perfect Daily Grind

You may also like our article on why more producers don’t market their own coffee. Forging connection to origin: a specialty “special” One of the main selling points of specialty coffee is that it is more sustainable, traceable, and transparent than commodity-grade coffee. But why is this?