At Modern Standard Coffee, we are committed to delivering the highest quality coffee, responsibly sourced and sustainably roasted. However, as a specialty coffee roastery, we’re not immune to the challenges currently affecting the global coffee market. You may have noticed recent discussions around rising coffee prices, and we want to explain how these changes are impacting us and why we need to adjust our retail prices to continue providing you with the coffee you love.
What’s Happening in the Coffee Market?
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Climate Challenges
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Extreme Weather: Climate change is significantly affecting coffee-growing regions worldwide. Unpredictable weather patterns, including droughts, heavy rainfall, and frosts, have reduced crop yields in key coffee-producing countries like Brazil, Colombia, and Ethiopia.
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Rising Temperatures: Coffee plants thrive within a specific temperature range. Rising global temperatures are pushing coffee cultivation to higher altitudes, shrinking the available farming areas and increasing production costs.
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Economic Pressures
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Inflation: Global inflation has increased the cost of everything from fertiliser to labor in coffee-producing countries. Additionally, higher transportation costs due to fluctuating fuel prices are adding to the financial strain.
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Currency Fluctuations: Coffee is traded on the international market in US dollars. Depreciating local currencies in producing countries mean farmers earn less for their crops, even as production costs rise.
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Supply Chain Disruptions
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The pandemic, geopolitical tensions, and logistical bottlenecks have all contributed to delays and increased costs in getting coffee from farm to cup. These disruptions continue to reverberate throughout the supply chain.
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Why This Affects Coffee Prices
The combination of these factors means that coffee farmers are struggling to cover their costs, let alone invest in sustainable farming practices for the future. As a company that values ethical sourcing, we prioritise paying fair prices to ensure farmers can maintain their livelihoods and invest in improving their operations. These increased costs inevitably ripple through the supply chain and affect the price you see at your local café or in our online shop.
Why We’re Adjusting Our Prices
At Modern Standard Coffee, our goal has always been to balance quality, sustainability, and affordability. However, to maintain the standards you expect from us and to support the farmers we work with, we must adapt to the realities of the current coffee market.
Here’s what your purchase supports:
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Fair Wages: Ensuring farmers are paid a fair price for their hard work and expertise.
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Sustainability: Investing in environmentally friendly practices, such as reducing our carbon footprint and supporting climate adaptation initiatives.
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Quality Assurance: Continuing to source only the finest coffee beans, roasted to perfection.
How You Can Help
We understand that price changes can be challenging, and we want to thank you for your continued support and understanding. By choosing Modern Standard Coffee, you’re not just buying a cup of coffee — you’re contributing to a sustainable future for coffee farming and supporting a business committed to making a positive impact. Prices will increase January 15th 2025.
Thank you for being part of the Modern Standard Coffee community.