Why has my coffee gone up?

Why has my coffee gone up?

In November the world coffee market went through the roof. Existing contracts with producers remain, so we have some peculiar values on our list at the moment. Fine red bourbons from Rwanda cost less than new crop Brazil. The same coffees that we bought in November are now costing 30-50% more from brokers, who are tied to the “C” (for commodity market).

I have written this elsewhere too, but in the grand scheme of things, it is about 3p on a cup of coffee in a business and 5p-ish at home. In food service, the cost of coffee is insignificant, compared with the costs of servicing the environment that it’s in.

 

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