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 […]
Comments Off on What’s in a name?
What’s in a name? Apparently, a whopping $9.56 per pound. In December 2015, that was the difference between the average retail price that select specialty roasters charged for lots that included growers’ names and the average retail price of those that didn’t, according to the folks behind Transparent Trade Coffee (TTC). Whoever they are. (Am I the only one […]