Next hot commodity? Arabica coffee beans
Posted by TheShot on 05 Sep 2006 | Tagged as: Beans, Robusta
Although expectations of record robusta coffee bean prices were set months ago, it wasn’t until last month that the price of robusta reached a seven-year high in London. What’s next? Some say arabica beans, according to an article in today’s Seattle Post-Intelligencer: Next hot commodity? Arabica coffee beans.
With record robusta prices hitting the pocketbooks of the world’s biggest el cheapo coffee purveyors (i.e., the Big Four: Nestlé, Proctor & Gamble, Kraft [Phillip Morris/Altria Group], and Sara Lee [now Massimo Zanetti Beverage USA]), suddenly the higher quality arabica beans seem more attractive. Some analysts anticipate that this will cause price waves in the arabica market.
Good luck at getting any one of them making better coffee.
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on 08 Sep 2006 at 2:00 pm PT 1.TheShot.coffeeratings.com » Farmers question value of ‘responsible’ coffees said …
[...] With coffee prices reaching new highs, suddenly the premiums that organic and Fair Trade coffee beans used to command are dwindling in comparison to the additional overhead required of growers. Or so suggests an article today from Reuters: Reuters AlertNet - FEATURE-Farmers question value of ‘responsible’ coffees. [...]