As we wrap Peru acquisition & shipping season, begin Ethiopia procurement, & prep the lab in Mexico, we’re seeing some distinct trends continue from 2022. For one, logistics challenges including prices & availability have continued to ease, although the situation is still more complex & expensive than it was pre-2020/21. Another key trend, which we noted in our last update & which has become more pronounced than ever, is the decoupling of the C market price (down substantially from its peak) from the prices we’re actually seeing at origin for top quality coffee in the tiers we purchase, which in many cases are higher than ever. Listen for more specifics & analysis on that, as well as origin detail.