It is a good harvest this year in the south, but all over Ethiopia there is intense competition for the coffee cherry. Cooperatives and private washing stations are driving up prices, as well as small operators who were given easy loans by the banks to buy coffee cherry. Along with huge exporters that have seemingly endless financing, this has combined for a financially dangerous proposition: high prices for the raw material in a global recession, with a falling global price for coffee overall.
Ethiopia has some very special coffee, but how much of it will sell to quality minded buyers like us, who pay large premiums? What about the rest of the coffee? In any case, it's a good year to be a small farmer with a larger harvest of coffee. There is indeed real trickle down in that regard. It's speculators who might suffer most. And perhaps they should ?! My video doesn't go into all that (but the podcasts from Ethiopia do!)
Sweet Maria's Podcasts
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Our Ethiopian coffee offerings
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More about Ethiopia on our website
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