Join Mark and Todd as they muscle through the complexities of the futures market and hedging for green coffee buyers. Think you're not yet buying enough green coffee to consider hedging as an option? Stay tuned until the end, when Todd introduces a new opportunity for Covoya customers for whom, traditionally, hedging may not have been an option.
Opening theme music: "Buy the Dip" by Dream-Protocol.
Closing theme music: "Good Plan" by Peter Nesterouk. (Very likely mispronounced in pod)
00:00 Introduction
01:28 Hobby Roasting as a Business (Briefly revisiting Season 4, Episode 1 Topic)
05:19 The Purpose of Hedging
09:12 Explaining Hedging to Coffee Buyers
11:37 Why Use the Futures Market
15:00 The Reputation of the Futures Market
25:20 The Value of Hedging for Roasters
29:16 How to Use Hedging as a Roaster
37:14 The Limitations of Hedging for Small Roasters
39:04 Expanding Hedging Opportunities
45:37 Acknowledging the Team Behind the Strategy
47:12 Closing Remarks
A transcript of the episode, edited for length and written clarity, can be found HERE.