The Daily Coffee Pro Podcast by MAP IT FORWARD

EP 1165 Carley Garner - Hedging Explained for Coffee Buyers and Sellers - The Daily Coffee Pro Podcast by Map It Forward


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Please note: None of the information in any episode of this podcast constitutes financial advice.

This is the 4th episode of a new five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by founder, Lee Safar.

Our returning guest in this series is the owner of boutique commodities brokerage, DeCarley Trading, Carley Garner.

The focus of this series is the current pricing volatility of the coffee futures market.

In this episode of The Daily Coffee Pro by Map It Forward, Lee and Carley dive deep into the complexities of coffee price volatility and hedging strategies.

Carley offers valuable insights on how producers and coffee roasters can navigate the turbulent market by utilizing hedging to manage risk. The conversation covers essential topics such as opening a brokerage account, understanding futures and options, the cost of hedging, and the pros and cons of different hedging approaches.

The episode also discusses the challenges posed by the ICE exchange (C-Market) and explores potential solutions to make hedging more accessible.

00:00 Introduction to Coffee Price Volatility

00:38 Sponsorship Message: Become a Coffee Consultant

01:16 Series Overview and Importance of Hedging

01:48 Starting the Hedging Process for Coffee Producers

02:51 Opening a Brokerage Account for Hedging

04:13 Hedging Strategies and Considerations

06:03 Guidance and Support in Hedging

07:25 Challenges and Costs of Hedging Coffee

10:19 Advice for Coffee Buyers and Roasters

19:14 Conclusion and Final Thoughts

Connect with Carley and DeCarley Trading here:

Website: https://www.decarleytrading.com/

Instagram: https://www.instagram.com/decarleytrading/

Linkedin: https://www.linkedin.com/in/carleygarner/

Amazon: https://www.amazon.com/stores/Carley-Garner/author/B001KD205O?store_ref=ap_rdr&isDramIntegrated=true&shoppingPortalEnabled=true&linkCode=sl2&tag=carley-20&linkId=466d3232187ba7f7a89e73df1e785b89&language=en_US&ref_=as_li_ss_tl

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🤑 This episode is brought to you by Map It Forward's revised on-demand online workshop "It's Time to Become a Coffee Consultant" available now on our website with additional new bonus material including the coffee consultant career map. Get more details on how you can create an alternative revenue stream today at https://mapitforward.coffee/workshops

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💡Support this podcast, watch this episode without sponsor messages by becoming a paid member of this youtube channel or joining our community on our Patreon here: https://www.patreon.com/mapitforward

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🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting

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📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops

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🎙 Check out the audio version of our podcast here:

Apple Podcasts: https://apple.co/3LgSXio

Spotify: https://spoti.fi/34ILPus

Google Podcasts: https://bit.ly/34mzcVV

Stitcher: https://bit.ly/3J2sOSg

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📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW

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Connect with us:

📧 email: support @ mapitforward.org

💻 Website https://mapitforward.coffee/contact

🤳 Instagram: https://www.instagram.com/mapitforward.coffee/

📧 Join our mailing list: https://mapitforward.coffee/mailinglist

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