The price of Arabica coffee termination contracts on the goods market has increased rapidly in the last few months and has reached even USD 4.29 per pound. (Currently amounts to around USD 3.85.) Po latach nieokrzesanych i niemoralnie niskich cen podwyżki te doprowadziły do niestabilności na rynku, co z kolei stworzyło warunki do pojawienia się nowego problemu: kradzież zielonej kawy. And it happens here on American land.
Theft of green coffee is not a completely fresh problem, although this rarely happened on the side of equation demand. As reported PeasantTheft occurs more often in production countries, such as Brazil and Vietnam, where it can be lifted directly from warehouses on the farm, which are “more sensitive because they are so isolated.” One of these thefts took place at the Farm in Minas Gerais in January, where armed robbers escaped with 500 coffee bags worth about $ 230,000.
However, in America, green coffee is extremely uncommon. Until now. This was the topic of discussion at the weekend in NCA Convention At Houston, Texas. “Last year there were dozens of theft, something that only happened rarely in the past,” State Todd Costley from Hartley Transportation, a freight broker based in Up-to-date Hampshire.
The most common form of theft of green coffee comes from organized gangs pretending to be transport companies offering inexpensive and immediately available trucks to importers. Each load of trucks can contain up to 44,000 pounds of coffee, worth around USD 180,000. This led some companies importing to adding devices to coffee bags so that they operate as a deterrent and means to recover their product in the event of theft.
The thing about raising a good is that they are worth as much as people are ready to pay for them. If no one buys green coffee on the black market, its value is essentially zero. What leads to the question: who buys this coffee? Per yahoo “some market participants believe that gangs are trying to sell beans to smaller cups that feel pain with high prices.” But I mean more accurately.
So there is the duality of the coffee industry in the 21st century. On the one hand, you have people paying fair prices, trying to promote their own capital and sustainable development after the production of the supply chain. On the other hand, there are companies that will do everything to maintain low prices, including theft (and let’s be forthright, it’s just buying stolen goods). And if I had to stand up, some of the latter market are first. This is another reason why you can buy baked coffee from brands that you can trust, many of which will publish reports with transparency so that you can see exactly how much they paid.
