As we head into the second quarter of 2023, many threads from the beginning of the year remain. Logistics continue normalizing but are still tangled in various ways & regions—not quite returned to pre-disruption but overall, trending positively. The C market tentatively remains more stable, while differentials in our actual sourcing relationships remain largely untethered to it. Mexico season is coming in strong despite labor shortages due to & causing inflation, an issue in Guatemala as well. While logistical challenges remain in Ethiopia at large, our Ethiopia containers are all afloat. Spring has sprung & the coffees that this season conjures in our minds will be here soon. Details on all of this & more.