![Page 1: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/1.jpg)
By Andrew Goodwin and Chris Sta. Romana
![Page 2: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/2.jpg)
• Coffee production originated in Africa
• Spread along the belt between the Tropics of Cancer and Capricorn
Top eight coffee producers:Brazil
ColumbiaIndonesiaVietnamMexicoEthiopia
IndiaGuatemala
![Page 3: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/3.jpg)
Coffee is harvested by farmers through the methods of:
Selective Picking – picking ripe coffee cherries by hand
Stripping – stripping trees of all coffee cherries
Mechanical harvesting – using a harvesting machine
![Page 4: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/4.jpg)
The two types of coffee exchange:
Money exchange
&
Futures exchange
Futures are bought and sold at the New York Coffee
Exchange
![Page 5: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/5.jpg)
International Coffee Agreement
Future/Past agreements
Demand & Supply fluctuations
![Page 6: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/6.jpg)
Economic Models
Decrease of supply Higher Prices
Increase of supply Lower Prices
![Page 7: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/7.jpg)
War Natural Disasters
Agreements
Government Intervention
![Page 8: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/8.jpg)
International Coffee Organization Established in 1963 Since then has created seven International Coffee
Agreements in: 1962 1968 1976 1983 1994 2001 2007
![Page 9: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/9.jpg)
Rising Prices
Surplus
![Page 10: Coffee Commodities Project Andrew and Christopher](https://reader033.vdocuments.us/reader033/viewer/2022061214/547e1a69b47959ac508b4adc/html5/thumbnails/10.jpg)
"About ICO." International Coffee Organization (2007) 31 Oct 2008 <http://www.ico.org/history.asp>.
"Coffee speculators smell a deal as price of beans go up." The News Tribune. 5 Mar. 2008. 31 Oct. 2008 <http://www.thenewstribune.com/business/story/300871.html>.
"Coffee Trade: New York Coffee Exchange." Market (2006) 31 Oct 2008 <http://www.coffeeresearch.org/market/coffeemarket.htm>.
Egberts, Douwe. "The World Coffee Trade." Inside Coffee Trade (2003) 29 Oct 2008 <http://www.hollandbymail.com/coffee/coffee_trade.html>.
Harford, Tim. "The Economics of The Price of Coffee." Economic Essays. 31 Oct. 2008 <http://www.economicshelp.org/2007/03/economics-of-price-of-coffee.html>.
"Harvesting Coffee Beans." Agriculture (2006) 29 Oct 2008<http://www.coffeeresearch.org/agriculture/harvesting.htm>.
"International Coffee Organization - History." Interational Coffee Organization. 29 Oct. 2008 <http://www.ico.org/history.asp>.
"Major Coffee Producers." National Geographic (1999) 29 Oct 2008 <http://www.nationalgeographic.com/coffee/ax/frame.html>.
Richardson, Paul. "Speculator buying may push coffee beyond fundamental levels: analysts." The China Post. 18 Feb. 2008. 29 Oct. 2008 <http://www.chinapost.com.tw/business/africa/2008/02/18/143349/speculator-buying.htm>.