Coffee is consumed in such great quantities, it is the world’s 2nd largest traded commodity, surpassed only by crude oil. It is our most beloved beverage after water. It’s worth well over $100 billion worldwide. Roasters, packers, growers and traders depend on the commodity, as does the coffee shop around the corner and the massive chains like Starbucks and Dunkin’ Donuts. But enough interesting facts about coffee, you can read those here.
Commodity trade and risk management (CTRM) solutions are by default complex and rich in functionalities to support all the flexibility that characterizes the industry. That’s why the full Agiblocks CTRM suite offers a wide variety of detailed features and functionalities. In many cases specialized for a certain commodity or commodity group. You can read all about it here.
The specialization of our software is what makes it the foremost CTRM solution for agricultural commodities in general, and for four of the biggest soft commodities specifically; Sugar, Coffee, Cocoa and Grains. That’s why we would like to address these commodities in depth, as well as explain to you how Agiblocks caters to them with unrivalled dedication. In this third episode of our series, we will be focusing on coffee.
The coffee trade has a number of very specific aspects to it that not every CTRM solution will be able to handle with ease, or even at all. We will walk you through some of them, as Agiboo has made it its mission to handle all of them – with Agiblocks.
In chapter 1, we will explain how and why coffee is such a complex commodity – from the various types of coffee to the production, processing and applications. In chapter 2 we will focus on Agiblocks’ prowess to handle that complexity in ways that basically no other CTRM solution can – from trading, price factors and pricing of market differentials to franchise, tolerance and ample-based logistics.
