Quote:
Originally Posted by blueash
Not a coffee drinker myself but thought I'd look up the price of coffee beans. I found that the price per kilogram of both major varieties of coffee is in 2023 nearly identical to the price in 2014. Thus any increases you are paying are for factors other than bean price. the website did not explain how they know the cost of beans in 2024 unless they are using future contracts.
The other graph is longer term of US prices. It does not explain which bean type. Perhaps a blend. But this 45 year graph shows no increase in all those years. These are not adjusted for inflation so your coffee beans are way cheaper than they were in 1975.
According to the article with the long term chart, the farmer only gets 5% of the final supermarket cost of coffee. |
As a former hog farmer, nothing unusual there.
The profit is with the middlemen, and retailer, then when feed, and ancillary costs rise, the farmer takes the hit, not the retailer or middleman.
If the true cost, plus a reasonable return was set by the producers, the public would scream blue murder at the price rise in the shop.
There were times when the transport guy taking our pigs to slaughter made more than we did on the load.
And we were one of he more efficient producers.
Gave up, bought a truck, and started making some money!