Did you know that coffee is the second trading commodity in the world, after oil, and leaves behind such worldwide consumed products as meat, coal, sugar and wheat? Its harvest depends on the climatic changes which cannot guarantee equal supply and, thus, permanent consumption every year.
All agreements were under the control of the 'International Coffee Organization (ICO), founded in London in 1962. However they all were terminated because the growers and the consumers were often of too different point of view. So what happens with coffee beans after they are carefully selected and graded? These beans are sold to an exporter who, in his turn, sells them to various importers form the whole globe. The latter distribute these beans among roasters in their countries.
How are coffee beans stored? The green beans are usually stored in 60kg sacks produced from jute, hemp or sisal. These bags are marked with the grade, country and the method of processing. If those bags are kept in ventilated spaces, they could be air-penetrable, not necessarily airtight. The packed beans travel to port warehouses (for waiting for further shipment) either by rail or truck. There are different sources of purchasing green coffee beans. They are called "spot" purchasing, "shipments" or "futures": "Spot"coffee (as it comes from its name) is coffee that has already arrived at the warehouse from the port and is stored there.
Coffee can also be sold through "futures". Futures are contracts bought and sold through the New York Coffee and Sugar Exchange.Futures are mainly used as a guarantee of price protection and real coffee is rarely distributed via such futures. You can find below some links on the coffee export/import statistics published at the ico.org: EXPORTS Exports by exporting countries to all destinations Breakdown of exports of Arabica and Robusta IMPORTS Monthly data - last six months RE-EXPORTS Monthly data - last six months PRODUCTION Total production of exporting countries Source: http://www.ico.org/
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