Posts tagged Caravela Coffee
EP 1535 – Part 5 of 5: Ethiopia’s 2026 Harvest — Buying Strategy & Dollar Risk - Matthew Thornton

This is Part 5 of a five-part series, The 2026 Ethiopian Coffee Harvest, with Matthew Thornton, founder of Arkena Coffee Market.

After examining harvest outlook, pricing structures, stakeholder dynamics, and exporter fragility, this final episode turns to strategy. If you are sourcing Ethiopian coffee in 2026, preparation matters more than optimism.

Matthew explains why specialty prices may feel uncomfortable this year and why buyers should be prepared for sticker shock. We discuss how regional shifts in production affect purchasing decisions, how western volumes may offset eastern tightness, and how quality management risk changes in a bumper crop year.

The conversation also widens to currency exposure. A weakening US dollar, foreign exchange controls, and Ethiopia’s pricing architecture create structural complexity for international buyers. We explore how macroeconomic forces, including speculation in commodity markets, could add volatility to coffee pricing this year.

This episode closes the series by connecting origin realities to global financial dynamics. If you buy, trade, import, or roast Ethiopian coffee, this discussion is about positioning yourself intelligently for 2026.

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EP 1534 – Part 4 of 5: Ethiopia’s 2026 Harvest — Trade, Currency & Survival Risk - Matthew Thornton

This is Part 4 of a five-part series, The 2026 Ethiopian Coffee Harvest, with Matthew Thornton, founder of Arkena Coffee Market.

In this episode, we examine the downside scenario: what happens if the harvest does not perform as expected, or if exporters miscalculate demand and pricing.

Matthew explains that while many farmers have already benefited from high cherry prices this season, exporters, especially specialty-focused unions and cooperatives, are operating in what he calls a survival year

Those who purchased aggressively without secured markets may be forced into secondary mills, accepting thinner margins or losses. Meanwhile, larger exporters with import businesses can absorb coffee losses because Ethiopia’s export system allows them to retain foreign currency, which can be leveraged in other import-based ventures

The conversation also turns to a deeper structural issue: the specialty industry often views itself through a quality lens, while much of origin trade operates through commodity and currency logic. When prices surge, farmers may deprioritize specialty differentiation. When prices fall, liquidity becomes the dominant concern.

This episode is about trade mechanics, currency incentives, and what truly determines survival in Ethiopia’s 2026 harvest.

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EP 1533 – Part 3 of 5: Ethiopia’s 2026 Harvest - Who Wins If It Goes Well? - Matthew Thornton

This is Part 3 of a five-part series, The 2026 Ethiopian Coffee Harvest, with Matthew Thornton, founder of Arkena Coffee Market.

In this episode, we examine what happens across the supply chain if the 2026 harvest performs well.

Farmers supplying cherry in the east have already benefited from record prices. Those drying cherry and holding inventory may need to move quickly if demand slows. Exporters are operating in what Matthew describes as a survival season, where quality management and disciplined purchasing matter more than aggressive buying.

In western Ethiopia, bumper production could help offset eastern shortages, particularly in commercial grades. Buyers may shift volume westward to balance books, while specialty lots from the southeast may remain tight.

We also explore a deeper question: are farmers truly gaining market power, or are they simply benefiting from competitive exporter behavior this season? And what happens if expectations rise for 2027 pricing?

This episode maps the winners, the survivors, and the risks beneath a “good” harvest.

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EP 1532 – Part 2 of 5: Ethiopia’s 2026 Harvest — The New Pricing System - Matthew Thornton

This is Part 2 of a five-part series, The 2026 Ethiopian Coffee Harvest, with Matthew Thornton, founder of Arkena Coffee Market.

In this episode, we explore what makes Ethiopia unique as a coffee trading origin. Unlike most producing countries, Ethiopia operates under a government-mandated export pricing system. Each week, the Coffee and Tea Authority publishes a minimum export price list by grade, region, and processing method. Exporters are not permitted to sign contracts below those thresholds.

The system was introduced to prevent underpricing, protect foreign currency inflows, and reduce capital leakage through sister companies abroad. The result is a market where pricing trends upward until it temporarily moves out of alignment with buyers, followed by periodic corrections.

We discuss how this structure changes power dynamics, why it reduces dependence on pure C-market pricing, and what buyers should expect from Ethiopia’s 2026 harvest.

If you source Ethiopian coffee, this episode provides critical context.

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EP 1531 - Part 1 of 5: Ethiopia’s 2026 Coffee Harvest - Matthew Thornton

This is Part 1 of a five-part series, The 2026 Ethiopian Coffee Harvest, with Matthew Thornton, founder of Arkena Coffee Market.

In this episode, the conversation focuses on the structural overview of the 2026 harvest. Eastern regions are experiencing reduced volumes, western regions are seeing stronger yields, quality is generally positive, and pricing has surged due to currency shifts, liquidity constraints, and increased competition in the cherry market.

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EP 1530 – Part 5 of 5: Coffee Farms in 10 Years — Prosperity or Survival - Pedro Manga

This is Part 5 of a five-part series, Coffee Farms in a Decade from Now, with Pedro Manga from Caravela Coffee.

In this concluding episode, the focus shifts to long-term futures for coffee farming. Pedro and Lee discuss prosperity versus survival, why most producers are locked into short-term decision-making, and how climate change, genetics, migration, and succession are reshaping coffee landscapes. The episode closes with a clear message: coffee’s future depends on whether producers are given the ability to dream, invest, and plan beyond today.

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EP 1529 – Part 4 of 5: The Myths of Direct Trade and Transparency in Coffee - Pedro Manga

This is Part 4 of a five-part series, Coffee Farms in a Decade from Now, with Pedro Manga from Caravela Coffee.

In this episode, the conversation focuses on direct trade, traceability, and transparency. Pedro explains why the number of intermediaries is not the issue — evidence is. From farm gate pricing to data integrity, the episode challenges the industry to move beyond marketing claims and into accountable, traceable sourcing relationships.

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EP 1528 – Part 3 of 5: Biochar, Carbon Credits, and Coffee Resilience - Pedro Manga

This is Part 3 of a five-part series, Coffee Farms in a Decade from Now, with Pedro Manga from Caravela Coffee.

In this episode, the conversation focuses on biochar and carbon credits as tools for resilience — and the risks that emerge when they are rushed into practice. Pedro explains why biochar is not a silver bullet, how carbon markets can become extractive, and why poorly implemented biochar can harm soil biology and farm economics. The episode reinforces the need to centre farmer wellbeing, not financial incentives, in climate solutions.

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EP 1527 – Part 2 of 5: Deforestation, EUDR, and Coffee Supply Chains - Pedro Manga

This is Part 2 of a five-part series, Coffee Farms in a Decade from Now, with Pedro Manga from Caravela Coffee.

In this episode, the conversation focuses on deforestation and the European Union Deforestation Regulation (EUDR), and what it has revealed about the coffee industry. Pedro explains why producers are more likely to lose market access due to supply chain opacity than deforestation itself, and why traceability failures shift unfair responsibility upstream.

The discussion also explores accountability, cost, greenwashing, and why responsible production must be paired with responsible consumption if forests are truly to be protected.

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EP 1526 – Part 1 of 5: The Reality and Uncertainty of Coffee Farming in 2026 - Pedro Manga

This is Part 1 of a five-part series, Coffee Farms in a Decade from Now, with Pedro Manga from Caravela Coffee.

In this episode, the conversation focuses on the reality of coffee farming in 2026: volatile prices, undervalued labour, climate shocks, and the deeper risk created when uncertainty is pushed upstream to producers. Pedro introduces Caravela’s definition of prosperity, the ability for farmers to plan, save, and invest in the future, and explains why recent price movements have shifted power dynamics for smallholder farmers.

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EP 1460 Alejandro Cadena - The Next 18 Months in Coffee - The Daily Coffee Pro Podcast by Map It Forward with Lee Safar

Welcome to the 5th episode of a five-part series with Alejandro Cadena from Caravela Coffee on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.

Alejandro Cadena, CEO of Caravela Coffee, is a globally recognized green coffee exporter out of Latin America and an importer into consuming regions around the world.

In this discussion, Lee and Alejandro discuss how 2025 is playing out for the coffee supply chain as the uncertainty continues to unfold.

In this episode of the podcast series, Lee and Alejandro dive deep into the future of coffee over the next 18 months.

They discuss the potential volatility in the coffee market, especially considering the impact of Brazil's weather conditions and supply chain disruptions.

They highlight the potential of high prices, the importance of simplifying business operations, and the resilience of coffee demand.

The episode also explores the possible ramifications of geopolitical tensions on the coffee industry.

Don't miss this comprehensive discussion that offers valuable predictions and advice for coffee industry stakeholders.

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EP 1459 Alejandro Cadena - Reassessing The Value Proposition of Coffee - The Daily Coffee Pro Podcast by Map It Forward with Lee Safar

Welcome to the 4th episode of a five-part series with Alejandro Cadena from Caravela Coffee on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.

Alejandro Cadena, CEO of Caravela Coffee, is a globally recognized green coffee exporter out of Latin America and an importer into consuming regions around the world.

In this discussion, Lee and Alejandro discuss how 2025 is playing out for the coffee supply chain as the uncertainty continues to unfold.

In this episode of the podcast series, Lee and Alejandro talk about shifting strategies in the coffee industry.

Topics include Starbucks' return to their cafe experience roots, the reassessment of coffee's value proposition, and the impact of fluctuating coffee prices on various stakeholders.

They also explore challenges around regenerative agriculture and discuss the launch of a monthly video discussion group for coffee professionals.

Tune in for an insightful look at the future of coffee from pricing to production.

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EP 1458 Alejandro Cadena - Coffee Pricing and Financing - The Daily Coffee Pro Podcast by Map It Forward with Lee Safar

Welcome to the 3rd episode of a five-part series with Alejandro Cadena from Caravela Coffee on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.

Alejandro Cadena, CEO of Caravela Coffee, is a globally recognized green coffee exporter out of Latin America and an importer into consuming regions around the world.

In this discussion, Lee and Alejandro discuss how 2025 is playing out for the coffee supply chain as the uncertainty continues to unfold.

In this episode of the podcast series, Lee and Alejandro discuss the challenges and strategies surrounding coffee pricing and financing in 2025.

Alejandro discusses the stability of their financing lines since 2019 and how they were strategically set up between 2012 and 2019 to grow with the business.

They explore the impact of market volatility on financing, how importers like Caravela finance roasters' inventories, and the complexities of margin calls in a fluctuating market.

Additionally, they delve into trends in specialty versus commercial coffee pricing and the shifting perspectives of roasters in reaction to the higher market prices.

The episode aims to provide insights into sustaining operations in an unpredictable coffee industry landscape.

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EP 1457 Alejandro Cadena - Volatility, Markets, and Coffee Dynamics - The Daily Coffee Pro Podcast by Map It Forward with Lee Safar

Welcome to the 2nd episode of a five-part series with Alejandro Cadena from Caravela Coffee on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.

Alejandro Cadena, CEO of Caravela Coffee, is a globally recognized green coffee exporter out of Latin America and an importer into consuming regions around the world.

In this discussion, Lee and Alejandro discuss how 2025 is playing out for the coffee supply chain as the uncertainty continues to unfold.

In this episode of the podcast series, Lee and Alejandro discuss the volatility of the coffee market in 2025.

The conversation covers key forces driving this volatility, such as unpredictable weather in Brazil, low certified coffee stocks, and geopolitical trade conflicts.

They explore the strategic shifts businesses in the coffee industry are making, from focusing on niche markets to crowding out the middle market.

Finally, they discuss the potential long-term impacts of current market conditions and strategies for coffee businesses to thrive in these uncertain times.

Join us for insights on navigating the complexities of the 2025 coffee market.

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EP 1456 Alejandro Cadena - The Year of Uncertainty for Coffee - The Daily Coffee Pro Podcast by Map It Forward with Lee Safar

Welcome to the first episode of a five-part series with Alejandro Cadena from Caravela Coffee on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.

Alejandro Cadena, CEO of Caravela Coffee, is a globally recognized green coffee exporter out of Latin America and an importer into consuming regions around the world.

In this discussion, Lee and Alejandro discuss how 2025 is playing out for the coffee supply chain as the uncertainty continues to unfold.

In this episode of the podcast series, Lee and Alejandro discuss the tumultuous year that is 2025. They describe it as the most serious year in a decade, a year of reckoning filled with unprecedented challenges and uncertainties.

Alejandro shares insights into how the various stakeholders in the coffee supply chain, from traders to roasters, have been affected.

The episode also explores the significant role of geopolitics and tariffs in shaping the year.

Join them as they dive deep into the complexities and opportunities that 2025 has presented.

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EP 1196 Pedro Manga - What's At Stake If EUDR Fails - The Daily Coffee Pro Podcast by Map It Forward

This is the 5th episode of a new five-part series on The Daily Coffee Pro by the Map It Forward Podcast, hosted by Lee Safar.

Our guest on the podcast this week is Pedro Manga from Caravela Coffee. Pedro is a Sustainability and Impact Advisor and in this series, we'll discuss EUDR from a coffee trader's perspective.

In this final episode of The Daily Coffee Pro by Map It Forward for this series, Lee and Pedro discuss the stakes of the new EUDR regulations and what failure might look like, emphasizing the importance of traceability, transparency, and responsible practices in the coffee industry.

Learn why compliance is essential and discover how this legislation could impact coffee prices, supply chains, and overall market dynamics.

Pedro also addresses the potential benefits and challenges for coffee producers, the role of deforestation in the industry, and the broader implications for other agro commodities.

This episode is brought to you by Map It Forward's workshop, "It's Time to Become a Coffee Consultant.

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EP 1195 Pedro Manga - The Benefits of EUDR - The Daily Coffee Pro Podcast by Map It Forward

This is the 4th episode of a new five-part series on The Daily Coffee Pro by the Map It Forward Podcast, hosted by Lee Safar.

Our guest on the podcast this week is Pedro Manga from Caravela Coffee. Pedro is a Sustainability and Impact Advisor and in this series, we'll discuss EUDR from a coffee trader's perspective.

In this episode of The Daily Coffee Pro by Map It Forward, Lee and Pedro discuss the European Union Deforestation Regulation (EUDR) and its impact on the coffee industry.

They delve into the significant penalties for non-compliance, the responsibilities of roasters and importers, and who stands to benefit from these regulations.

Lee and Pedro also explore the current market dynamics, potential shifts towards instant coffee, and the challenges faced by responsible supply chains.

This insightful discussion is part of a five-part series focused on EUDR from a coffee trader's perspective.

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EP 1194 Pedro Manga - Is EUDR An Opportunity For Greenwashing? - The Daily Coffee Pro Podcast by Map It Forward

This is the 3rd episode of a new five-part series on The Daily Coffee Pro by the Map It Forward Podcast, hosted by Lee Safar.

Our guest on the podcast this week is Pedro Manga from Caravela Coffee. Pedro is a Sustainability and Impact Advisor and in this series, we'll discuss EUDR from a coffee trader's perspective.

In this episode of The Daily Coffee Pro by Map It Forward, host Lee Safar and guest Pedro Manga from Caravela Coffee delve into the complexities of the European Union Deforestation Regulation (EUDR).

They discuss the impact of coffee farming on deforestation, the potential for greenwashing within sustainability practices, and how the EUDR aims to address these issues.

The conversation covers the implications for coffee producers, exporters, and consumers, as well as the challenges faced in the global coffee supply chain.

Pedro provides insights on how to mitigate deforestation and emphasizes the need for greater transparency and responsible consumption.

Learn more about the role of certifications, compliance, and the future of sustainable coffee farming as global regulations evolve.

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EP 1193 Pedro Manga - The Mechanics of EUDR - The Daily Coffee Pro Podcast by Map It Forward

This is the 2nd episode of a new five-part series on The Daily Coffee Pro by the Map It Forward Podcast, hosted by Lee Safar.

Our guest on the podcast this week is Pedro Manga from Caravela Coffee. Pedro is a Sustainability and Impact Advisor and in this series, we'll discuss EUDR from a coffee trader's perspective.

In this episode of The Daily Coffee Pro by Map It Forward, Lee and Pedro deep dive into the complexities of EUDR (European Union Deforestation Regulation) to clarify that EUDR is a due diligence process, not a certification, and discuss the responsibilities of different parties in the coffee supply chain to ensure coffee is deforestation-free.

They also explore the mechanics, uncertainties, and potential impacts of EUDR on coffee exporters and importers, as well as the challenges faced by producers.

Additionally, the episode highlights the confusion around instant coffee's exclusion and the importance of rigorous data collection and risk assessment.

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EP 1192 Pedro Manga - EUDR, The Unintended Consequences - The Daily Coffee Pro Podcast by Map It Forward

This is the first episode of a new five-part series on The Daily Coffee Pro by the Map It Forward Podcast, hosted by Lee Safar.

Our guest on the podcast this week is Pedro Manga from Caravela Coffee. Pedro is a Sustainability and Impact Advisor and in this series, we'll discuss EUDR from a coffee trader's perspective.

In this episode of the series, Lee and Pedro discuss the European Union Deforestation Regulation (EUDR). They explore the regulation's intended and real impacts on the coffee industry, including the challenges of execution and the potential consequences.

Pedro sheds light on Caravela’s vertically integrated operations and their focus on transparency and traceability.

They also address the fear and uncertainty surrounding EUDR, the necessity of systemic approaches, and the current state of preparation as the regulation's implementation looms.

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