Tag Archives: price setting

A closer look at what a $2.75 /lb. FOB minimum price means

2017-03-13 Comments Off on A closer look at what a $2.75 /lb. FOB minimum price means

A few weeks ago, Kickapoo Coffee Roasters publicly committed to paying farmers in their supply chain a minimum of $2.75 FOB per lb. FOB (FOB stands for Free on Board, which means this is the price of the coffee ready for export) for all of Kickapoo’s green coffee purchases.  Their press release says that it […]