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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.

Pricing 172
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MRM Research Roundup: Price Wars, Influencer Impact and No-Show Fees

Modern Restaurant Management

As a result, they are making hard decisions to adjust prices and make menu changes. Diversify media mix: An omnichannel presence provides optimal reach and the widest range of information sources. For noncommercial operators (51 percent) and those in full-service restaurants (55 percent), menu enhancement is also a must as a motivator.

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Coffee News Recap, 8 Apr: Coffee prices fall after increasing in 17 consecutive months, ICO drafts new International Coffee Agreement & other stories

Perfect Daily Grind

Fairtrade International announces new Living Income Reference Price for Indonesian coffee producers. The Living Income Reference Price is offered as guidance for companies wanting to pay living wage incomes in their supply chains. Fairtrade launched its first Living Income Reference Price in 2021 for Colombian farmers.

Pricing 119
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Dinner, With a Side of Climate Preaching

EATER

Changing temperatures and weather patterns mean ingredients that were once common are now harder to come by , and sourcing ingredients from sustainable farms can often be more expensive. Customers who are attracted to sustainable eating “come find us because of our sourcing,” he adds, but “there’s only so many places we can communicate that.”

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Can coffee production become more important for Togo?

Perfect Daily Grind

Like many other West African countries, Togo’s economy is significantly dependent on agriculture – with coffee, cotton, and cocoa being the major cash crops. However, after the formation of the Togo Office of Agricultural Products (OPAT) in 1964, the Togolese government started to oversee and manage production.

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What Food Supply Chain News Means to You and Your Restaurant

Cheetah

We are the only distributor with transparent prices. By showing our prices publicly on our app, every customer pays the same price. This is the best way to stay informed on upcoming food and agriculture trends and challenges related to produce, proteins, grocery and more. Can’t Find What You’re Looking For?

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How One Black Family Bet the Farm on Moonshine

EATER

Unscrupulous landlords would often keep farming families in continual debt and sell them equipment, seed, fertilizer, and food at inflated prices. During the last hundred years or so, the number of Black farmers in Arkansas plummeted 98 percent, from 72,275 in 1920 to 1,376 in 2022, according to the Department of Agriculture.