In this episode Rob talks about coffee forecasts, discussing how they are formed, the various factors that influence coffee production, and the impact of these forecasts on market sentiment and pricing. The conversation highlights the importance of understanding the nuances behind crop estimates and the role of different stakeholders in the coffee industry.

Rob talks about the Commitment of Traders (COT) report for coffee and it's function and value as a tool for understanding the coffee market. He explains how and why the report is segmented by market participants, what the numbers mean, and shifts and patterns to look for when reading the report weekly.

Tariffs are in the news so Rob breaks down what's happening and, more importantly, what's not happening.

We opened up the mailbag so Rob could answer questions about The Exchange (not us...the Intercontinental one), the inverted market, certified stocks and more.

Rob talks about the intricacies of market liquidity, particularly focusing on the implications of certified stocks and futures contracts. It highlights the importance of having underlying assets to support futures contracts, ensuring market stability and liquidity.

In this interview, commodity trading veteran Mike Nugent discusses the current volatility in the coffee market, emphasizing the importance of understanding historical trends and the impact of weather and politics on supply. He highlights the challenges faced by both roasters and farmers, the variability in consumer demand, and offers advice for small roasters navigating this complex landscape. Nugent underscores the significance of integrity and quality in business practices as essential for success in the coffee industry.

Rob talks about the European Union Deforestation Regulation (EUDR) and its implications for the coffee industry. The conversation covers the importance of compliance, the challenges faced by coffee importers and producers, and the potential impact on market dynamics and supply chains. Rob emphasizes the need for traceability and documentation in sourcing coffee and highlights the varying readiness levels among companies to adapt to these new regulations. The episode concludes with a look at the future of the coffee trade in light of EUDR and the importance of staying informed about these developments.

Rob talks about the current challenges facing the coffee industry, emphasizing the unprecedented volatility in prices and the importance of engagement and peer support. Rob offers his thoughts on burnout and feeling overwhelmed, the dynamics of supply and demand, and the role of stakeholders in decision-making. Rob encourages listeners to focus on doing 'good enough' in uncertain times and to seek support from their peers to manage the chaos in the industry.

Rob talks about the current challenges facing the coffee industry, particularly focusing on working capital, market dynamics, and the impact of tariffs and hedging costs. The conversation highlights the tight supply and credit situation, the rising prices of coffee, and the various factors contributing to the crisis in the coffee market. Rob emphasizes the importance of communication and strategic planning for roasters to navigate these turbulent times and offers insights into the future outlook for the industry.

Rob talks about the inverted market in the coffee industry, exploring its implications for coffee importers and roasters. The conversation includes the challenges faced in the current trading environment, the significance of backwardation and contango, and the strategies that coffee businesses might adopt to navigate these complexities, emphasizing the need for decisive planning and communication in a market characterized by uncertainty and rising costs.

Rob talks about the current state of the coffee market, focusing on recent weather events in Brazil, supply and demand dynamics, and the potential shifts in global trade due to tariffs and regulations. He emphasizes the importance of strategic planning and scenario analysis for coffee businesses in light of these uncertainties.

In this inaugural episode of the Coffee Memo podcast Covoya's Managing Director, Rob Stephen, discusses the implications of tariffs on the coffee industry, particularly focusing on the recent increases in tariffs on Brazilian coffee. He explains the nature of tariffs, their intended purpose, and the current uncertainty in the market. Rob provides insights into how coffee roasters can adapt to these changes, emphasizing the need for strategic planning and exploring alternative coffee sources.