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Please note: None of the information in any episode of this podcast constitutes financial advice.
This is the first episode of a 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 insightful episode of The Daily Coffee Pro by Map It Forward Lee dives into the complexities of the coffee futures market with expert Carley Garner from DeCarley Trading.
Learn about the current trends, the role of speculation, and the importance of hedging in a volatile market.
Don't miss out on Carley's valuable insight for navigating price fluctuations in uncertain times.
00:00 Introduction to Coffee Market Trends
00:15 Sponsorship Message: Become a Coffee Consultant
00:54 Welcome and Series Overview
01:15 Guest Introduction: Carley Garner
01:59 Understanding Commodity Trading and Hedging
02:51 The Importance of Hedging in Coffee
04:05 Navigating Coffee Price Volatility
05:13 Current Coffee Futures Market Analysis
07:03 Speculators and Market Dynamics
16:17 Historical Coffee Prices and Future Predictions
18:04 Preparing for Market Scenarios
19:56 Conclusion and Next Episode Preview
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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Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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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This is the 5th episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Antonie Fountain, managing director and co-founder of VOICE Network (cocoa) and VOCAL Alliance (coffee).
In this series, Lee and Antonie explore the state of the cocoa industry, paying particular attention to the impact recent price spikes are having on producers and the sustainability of the market at large.
In this insightful episode of The Daily Coffee Pro by Map It Forward, Lee and Antonie discuss the rapid shift from voluntary to mandatory sustainability practices in the coffee and cocoa industries.
They explore how these changes are driven by new EU regulations, such as the European Union Deforestation Regulation (EUDR) and Corporate Sustainability Due Diligence Directive, requiring companies to ensure their products meet stringent environmental and human rights standards.
Antonie explains the challenges corporations face in adapting to these regulations and how it affects smallholders.
The conversation also delves into the role of billionaires, government regulations, and the potential impact on global supply chains.
This episode provides valuable insights into the evolving landscape of sustainability and its implications for the future of coffee and cacao production.
00:00 The Urgency of Sustainability
00:45 Sponsor Message: Map It Forward Workshop
01:23 Introduction to the Series
01:35 The Role of Billionaires in Supply Chains
02:49 EU Deforestation Regulation (EUDR)
03:59 Voluntary vs. Mandatory Sustainability
04:31 Historical Context of Deregulation
04:51 Corporate Challenges in Sustainability
06:18 The Push for Mandatory Regulations
08:04 Corporate Accountability and Compliance
10:25 Impact on Smallholders and Producers
16:28 Child Labor Laws and Misconceptions
22:17 Future of Coffee and Cacao Markets
26:21 Conclusion and Contact Information
Connect with Antonie Fountain and Voice Network here:
https://www.voicenetwork.cc
https://www.linkedin.com/in/antonie/
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Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
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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This is the 4th episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Antonie Fountain, managing director and co-founder of VOICE Network (cocoa) and VOCAL Alliance (coffee).
In this series, Lee and Antonie explore the state of the cocoa industry, paying particular attention to the impact recent price spikes are having on producers and the sustainability of the market at large.
In this episode of The Daily Coffee Pro Podcast by Map It Forward Podcast, Lee and Antonie continue to explore the complexities of the cacao industry. They delve into how big corporations are navigating sustainability and the power dynamics impacting cacao producers.
They discuss the role of regulatory frameworks like the United Nations guiding principles on business and human rights and the need for collective action and proper regulation to create equitable systems.
The episode also explores the economic underpinnings that drive corporate behavior and how factors like high cocoa prices lead to changes in product formulations.
00:00 Introduction to Cocoa Prices and Flavor Innovations
00:17 Sponsorship Message: Become a Coffee Consultant
00:55 Welcome and Series Overview
01:10 The Role of Big Corporations in Cacao
02:05 Sustainability vs. Charity in Corporate Practices
05:58 Human Rights and Corporate Responsibility
09:42 Impact of Cocoa Prices on Products
11:38 Shrinkflation and Consumer Goods
21:54 Power Dynamics and Collective Action
26:52 Conclusion and Next Episode Teaser
27:58 Closing Remarks and Call to Action
Connect with Antonie Fountain and Voice Network here:
https://www.voicenetwork.cc
https://www.linkedin.com/in/antonie/
••••••••••••••••••••••••••••••••
Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW
••••••••••••••••••••••••••••••••
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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This is the 3rd episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Antonie Fountain, managing director and co-founder of VOICE Network (cocoa) and VOCAL Alliance (coffee).
In this series, Lee and Antonie explore the state of the cocoa industry, paying particular attention to the impact recent price spikes are having on producers and the sustainability of the market at large.
In this episode of The Daily Coffee Pro by Map It Forward, Lee and Antonie discuss the drivers behind farmer poverty in the cacao industry.
The conversation covers the systemic issues within commodity trading, the necessity for fair pricing, risk-sharing, and the importance of farmers' voices in policy-making.
Additionally, insights into how good agricultural and purchasing practices can uplift the industry are explored.
Tune in to understand the complexities of cacao farming and the urgent need for systemic changes.
00:00 Introduction to Fair Pricing for Farmers
00:24 Sponsorship Message: Become a Coffee Consultant
01:03 Welcome and Series Overview
01:25 Understanding Farmer Poverty in Cacao
02:00 The Commodity System and Its Impact
05:23 Challenges Faced by Farmers
08:34 The Valley of Death and Farmer Vulnerability
10:12 Good Agricultural and Purchasing Practices
12:36 The Importance of Fair Pricing
14:23 The Role of Governments and Companies
19:52 The Power of Producers and Future Outlook
24:05 The Need for Farmer Voices in Decision Making
27:10 Conclusion and Next Episode Preview
Connect with Antonie Fountain and Voice Network here:
https://www.voicenetwork.cc
https://www.linkedin.com/in/antonie/
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Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW
••••••••••••••••••••••••••••••••
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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This is the 2nd episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Antonie Fountain, Managing Director and co-founder at VOICE Network (cocoa) and VOCAL Alliance (coffee).
In this series, Lee and Antonie explore the state of the cocoa industry is with particular attention on the impact recent price spikes are having on producers and the sustainability of the market at large.
In this episode of The Daily Coffee Pro by Map It Forward, Lee and Antonie discuss the severe challenges facing cocoa production in Ghana and Cote d'Ivoire due to climate events, economic conditions, and inadequate policies.
Learn about the impacts of the El Nino weather pattern, the cost of living crisis, and disruptions in agrochemical supply, leading to a drastic drop in cocoa yields and a significant spike in cocoa prices.
This episode also covers the complexities of the futures market, the role of government policies, and the rising potential and challenges for cocoa farmers.
Stay informed about how these dynamics affect the global cocoa market and explore solutions like regenerative agriculture.
Don't miss the next episode, which delves deeper into the issue of producer poverty in the cocoa industry.
00:00 Introduction to Cocoa Crisis
01:00 Sponsorship Message
01:39 Deep Dive into Cocoa Prices
02:33 Impact of El Nino on Cocoa Production
05:33 Challenges in Cocoa Farming
11:53 Regenerative Agriculture and Future Prospects
14:52 Power Dynamics in Cocoa Trade
15:41 Government Policies and Market Impact
24:09 Advice for Cocoa Producers
29:32 Conclusion and Next Episode Teaser
Connect with Antonie Fountain and Voice Network here:
https://www.voicenetwork.cc
https://www.linkedin.com/in/antonie/
••••••••••••••••••••••••••••••••
Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW
••••••••••••••••••••••••••••••••
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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This is the first episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Antonie Fountain, managing director and co-founder of VOICE Network (cocoa) and VOCAL Alliance (coffee).
In this series, Lee and Antonie explore the state of the cocoa industry with particular attention on the impact recent price spikes are having on producers and the sustainability of the market at large.
In this episode of The Daily Coffee Pro by Map It Forward, Lee and Antonie discuss how cacao is a primarily export-focused product, cultivated mostly in just eight countries.
Antonie provides insights into the specialized market of cacao, including its unique heirloom qualities and the limited appreciation for good quality chocolate.
He explains his role in sustainable cocoa and the extensive relationships he maintains with various stakeholders across the globe.
They also explore the narrow power dynamics in cacao trading, contrasting it with coffee and discussing its concentrated market structure.
The episode wraps up with a teaser for upcoming discussions about recent trends and price shifts in the cacao market.
00:00 Introduction to Cacao: A Unique Export Product
00:41 Sponsorship Message: Become a Coffee Consultant
01:19 Welcome and Guest Introduction
01:38 Understanding the Cacao Industry
02:28 Antonie Fountain's Role and Experience
04:54 The Voice Network's Mission and Approach
06:21 Comparing Cacao and Coffee Markets
10:01 Global Consumption and Market Dynamics
10:44 Cacao Trading and Market Concentration
13:58 Conclusion and Next Episode Teaser
Connect with Antonie Fountain and Voice Network here:
https://www.voicenetwork.cc
https://www.linkedin.com/in/antonie/
••••••••••••••••••••••••••••••••
Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW
••••••••••••••••••••••••••••••••
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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This is the 5th episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Caleb Holstein, cofounder of Greensquare, an Australian-based green coffee sourcing and inventory management system.
In this podcast series, Lee and Caleb are exploring the new normal for coffee roasters in the volatility of this current coffee crisis.
In this episode of the podcast, Lee and Caleb explore the consolidation within the coffee supply chain, the impact of regulations like the European deforestation rules, and the growing demand for traceability.
Caleb highlights the importance of solid planning, budgeting, and forecasting to navigate these challenging times and avoid being acquired by larger entities. Discover how new markets, like China, are reshaping coffee consumption and why sustainable practices are crucial for the industry's future.
Plus, learn about becoming a coffee consultant and protecting your income from market uncertainties. Support the podcast through Patreon or YouTube membership, and help sustain sponsor-free, honest conversations about the coffee industry.
00:00 Introduction to Coffee Roaster Challenges
00:25 Consolidation in the Coffee Industry
00:59 Sponsorship and Support for the Podcast
05:09 The New Normal for Coffee Roasters
06:31 Volatility and Market Shifts
07:55 Impact of Regulations and Market Growth
12:29 Consolidation and Its Effects
18:50 The Importance of Technology and Data
20:52 Conclusion and Future Outlook
Connect with Caleb and Greensquare here:
https://www.greensquare.co/
https://www.linkedin.com/in/caleb-holstein-7410b0b2/
https://www.instagram.com/greensquare.co/
••••••••••••••••••••••••••••••••
Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
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
••••••••••••••••••••••••••••••••
This is the 4th episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Caleb Holstein, cofounder of Greensquare, an Australian-based green coffee sourcing and inventory management system.
In this podcast series, Lee and Caleb are exploring the new normal for coffee roasters in the volatility of this current coffee crisis.
In this episode of The Daily Coffee Pro by Map It Forward, Lee and Caleb discuss the recent challenges in the coffee supply chain, including the temporary shutdown of Ethiopia's largest port due to regional missile attacks.
They explore the impact on roasters, the importance of supply chain management, and how roasters can mitigate risks amidst increasing volatility.
Learn how you can stay ahead in the ever-changing coffee industry and ensure your business thrives despite geopolitical and logistical challenges.
This episode also highlights the benefits of using technology for inventory management and forecasting.
00:00 Temporary Shutdown of Ethiopia's Largest Port
01:44 Introduction to the Series and Guest
02:15 Challenges in Buying Green Coffee
02:55 Importance of Inventory and Supply Chain Management
05:45 Greensquare's Solution for Coffee Roasters
10:43 Impact of Geopolitical Issues on Coffee Supply
20:02 Conclusion and Final Thoughts
Connect with Caleb and Greensquare here:
https://www.greensquare.co/
https://www.linkedin.com/in/caleb-holstein-7410b0b2/
https://www.instagram.com/greensquare.co/
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Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
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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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW
••••••••••••••••••••••••••••••••
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
••••••••••••••••••••••••••••••••
This is the 3rd episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Caleb Holstein, cofounder of Greensquare, an Australian-based green coffee sourcing and inventory management system.
In this podcast series, Lee and Caleb are exploring the new normal for coffee roasters in the volatility of this current coffee crisis.
In this episode of The Daily Coffee Pro by Map It Forward, Lee and Caleb discuss the complexities of hedging and budgeting for green coffee purchasing.
They delve into the risks and rewards of hedging, how it essentially means starting another business, and why it's not advisable for small roasters.
They also talk about the volatility and rising costs in the coffee market, the importance of having liquid assets, and the significance of proper budgeting and accurate costing.
This episode provides valuable insights for roasters navigating the new normal in coffee purchasing.
Tune in to learn how to better manage your coffee business finances!
00:00 Introduction to Hedging in Coffee Trading
00:48 Sponsorship Message: Become a Coffee Consultant
01:26 Welcome and Series Overview
01:46 The Rising Costs of Green Coffee
04:37 Understanding the C Market
08:05 The Risks and Realities of Hedging
13:24 Speculators and Their Impact
14:57 Navigating Currency and Pricing Challenges
18:26 The Importance of Communication and Pricing Models
22:31 Conclusion and Next Episode Preview
22:53 Closing Remarks and Call to Action
Connect with Caleb and Greensquare here:
https://www.greensquare.co/
https://www.linkedin.com/in/caleb-holstein-7410b0b2/
https://www.instagram.com/greensquare.co/
••••••••••••••••••••••••••••••••
Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW
••••••••••••••••••••••••••••••••
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
••••••••••••••••••••••••••••••••
This is the 2nd episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.
The guest on this podcast series is Caleb Holstein, cofounder of Greensquare, an Australian-based green coffee sourcing and inventory management system.
In this podcast series, Lee and Caleb are exploring the new normal for coffee roasters in the volatility of this current coffee crisis.
In this episode of The Daily Coffee Pro by Map It Forward Lee and Caleb discuss the emerging new normal for coffee roasters in green coffee purchasing.
They delve into the importance of planning and forecasting, the impact of supply chain volatility, and the necessity of building strong relationships with suppliers.
Learn why it's crucial to understand harvest cycles, manage expectations, and remain adaptable in an ever-changing market.
00:00 Introduction: Complacency in Coffee Buying
00:36 Sponsor Message: Become a Coffee Consultant
01:14 Series Overview: The New Normal for Coffee Roasters
01:33 Challenges in Green Coffee Purchasing
01:51 Impact of Supply Chain Volatility
02:42 Adapting to Market Changes
03:59 The Role of Relationships in Coffee Buying
05:07 Importance of Understanding Harvest Cycles
07:11 Quality and Yield Considerations
12:26 Consumer Education and Communication
14:16 Building Long-Term Relationships
17:58 The Future of Coffee Buying
19:17 Conclusion and Next Episode Teaser
19:40 Closing Remarks and Call to Action
Connect with Caleb and Greensquare here:
https://www.greensquare.co/
https://www.linkedin.com/in/caleb-holstein-7410b0b2/
https://www.instagram.com/greensquare.co/
••••••••••••••••••••••••••••••••
Support this podcast by supporting our Patreon:
https://bit.ly/MIFPatreon
The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar
https://www.mapitforward.coffee
https://www.instagram.com/mapitforward.coffee
https://www.instagram.com/leesafar
••••••••••••••••••••••••••••••••
🤑 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
••••••••••••••••••••••••••••••••
💡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
••••••••••••••••••••••••••••••••
🧐 Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting
••••••••••••••••••••••••••••••••
📓 Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops
••••••••••••••••••••••••••••••••
🎙 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
••••••••••••••••••••••••••••••••
📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW
••••••••••••••••••••••••••••••••
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
••••••••••••••••••••••••••••••••
From the publisher's feed
The Map It Forward Middle East Podcast explores the business of coffee across the Middle East, featuring conversations with entrepreneurs, producers, and professionals building the future of the region’s coffee industry.
Hosted by Dubai-based Map It Forward founder Lee Safar, each five-episode series highlights one guest's journey, offering practical insights, regional context, and candid discussions that reflect the evolving global coffee landscape.
Episodes are released daily at 6 am local UAE time.
The video version of the podcast can be found on our YouTube Channel https://www.youtube.com/mapitforward
Our website https://www.mapitforward.coffee/middleeastpodcast