The Price of Coffee ** A non political Observation **

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Well, I went to Costco this morning and bought 3- 3pound cans of their fine grind dark roast coffee. 100% Columbian.

Why? Just to try to save a few bucks. The Columbians refused to take plane loads of immigrants, so they have a 25% tariff coming on things we import. Well Columbia only exports coffee, criminals and drugs.

So the way I see it the price is going up soon, and by the time that the banks get through playing with commodities on the futures market, and everybody marks up their new tariff adjusted cost that ought to translate to about a 50% increase.

I can't imagine what an El Grande, mocha dunkachino, latte with whipped cream is going to cost at the counter? 10 dollars would not surprise me. Thankfully I am not hooked on that stuff.

*******This is an observation, not a political statement. Responses are asked to not be political in nature*******
 
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I was actually looking at their exports this morning. Coffee is #3. Number 1 is crude oil @ 25% of the exports. Almost all of that comes to the U.S. Coal briquettes was #2. Hope you filled up at Costco....
 
Thanks for the heads up -- Publix has Gevalia (which has steadily gone up since COVID) BOGO. I've only got 12 bags but will hit the shelves this afternoon.
 
No matter what the politics of Colombian coffee tariffs might be, I am somewhat immune as I have not had a cup of coffee for at least 30 years. The Colombian situation was merely theater of the absurd.

BTW, I worked in Colombia in the oil business about 50 years ago. I really enjoyed it there. I lived in Barranquilla, on the coast. I didn’t drink coffee then, mainly Colombian cerveza which was excellent.
 
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Where's Juan Valdez' when you need him?

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We grow coffee in Hawaii. Brazil is our 2nd biggest import of coffee followed by Switzerland.

I was surprised to read Switzerland, not thinking of the Alps as prime coffee growing land.

Then I realized (duh!) Switzerland is home to Nestle, and they (not surprisingly) get their coffee beans from Brazil, Vietnam, and Colombia.

John
 
I saw that on the news the 26th on the tug of war with the two Presidents.

I was surprised that oil was one of their exports to the US !!

Glad that he folded his cards, since the game might have over his head?

( and wanting to land )
 
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In his novel "Make Room ! Make Room !"-the inspiration for "Soylent Green"-Harry Harrison wrote they drank "kofe"-he didn't specify what it was made from.
 
They export oil, gold, coal, coffee, bananas, and 20% of the world's cut flowers. My old work was also partly concerned with an illicit export, cocaine, of which they produce an ever-increasing amount (2,700 metric tons in 2024, almost 3x the volume of 2017). For a couple of decades, anyone who could fly or maintain a spray plane could make big bucks contracting in the various coca eradication projects. Those never made any measurable difference in the price of cocaine (so no impact on supply), but Monsanto made millions selling glyphosate, which is simply a variant of RoundUp - two spray planes were shot down by offended parties. Cancer from the herbicide amongst the campesinos caused some angst, but it was finally ineffectiveness that ended those programs.

Ninety percent of the world cocaine supply now comes from Colombia. Merry Christmas!
 
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