This podcast is a recording from an in-person presentation we hosted at our warehouse in June 2019.
Tom had recently returned from a trip to Africa and wanted to share his thoughts on the global coffee market and small holder farmers in Burundi coffee bears resemblance to neighboring Rwanda, in both cup character, but also the culture surrounding coffee. Burundi is a small landlocked country at the crossroads of East and Central Africa, straddling the crest of.
The relationship between the commodity prices set in New York for Arabica refers to Coffea Arabica, the taxonomic species name of the genus responsible for around 75% of the worlds commercial coffee crop.: Arabica refers to Coffea Arabica, the taxonomic species name of the genus responsible coffee, and the price paid to a Burundi farmer for Originally coffee literature referred to the fruit of the tree as a "berry" but in time it became a cherry. It is of course neither. Nor is the seed of the coffee a bean. All from the tree is a difficult connection to track.
I am not claiming to be able to explain the exchange of coffee and “price discovery” on a global scale and how it relates to local coffee values in a place like Burundi. Frankly it leaves my head spinning. But here I try to make some observations based on the experience of my travels, conversations with exporters and researchers, and reading material on coffee economics.
Want to watch the video version? – click here.