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» musings of a coffee ragamuffin.: How coffee is like oil. Why you shouldn't be pissed to pay more for your coffee.

jasondominy:

Coffee Prices in the last year

Many consumers are not aware, but the prices coffee roasters pay are dictated by the New York Board of Trade via the “C” Market. C standing for commodities. Coffee is sold in futures contracts, or contracts to buy a certain amount of coffee in the future for a certain amount. Just like…

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