Roast and Reason: A Coffee Podcast
Why suffer through a bitter cup of burnt or stale coffee when there is a world of amazing coffee out there?
Roast and Reason podcast is a coffee podcast that explores the world of specialty coffee. Each week with dive into a wide variety of coffee topics with educational and actionable information.
Are you curious about the best techniques for how to make coffee at home? How to buy the best coffee? How to store coffee? How a coffee roaster transforms green coffee? Join us as we answer these questions and more. Roast and Reason is here to expand your coffee knowledge, introduce you to the coffee farmers, the coffee roasters, and the baristas that push the coffee industry forward.
Join us and drink better coffee. Because life is too short to drink bad coffee!
Roast and Reason: A Coffee Podcast
Coffee Market: 2018 Recap and 2019 Expert Predictions (RR40)
Coffee is traded or sold in very different ways. In fact there are basically two coffee markets: commodity coffee or non-commodity coffee (specialty coffee). Specialty coffee consumers value a variety of factors like origin, growing and processing techniques, roast level, etc. But with commodity coffee only one thing matters: price.
Commodity coffee is like any other commodity, the only differentiating factor is price. And the price for commodity coffee is set on the Intercontinental Exchange in New York city.
As a financial asset, commodity coffee has had a pretty terrible year in 2018. Coffee prices decreased about 20% over the year, to lows that haven’t been seen since 2006. This price collapse occurred due to a number of factors in the market that have lead to oversupply.