The fair trade minimum price for coffee was last set in 2011 according to a global benchmark on production costs.
Fair trade coffee price comparison.
Results allowed us to compare wages and incomes to regional benchmarks.
When the market price is higher than the fairtrade minimum price producers should receive the current market price or the price negotiated at contract signing.
Few roasters are large enough to afford such a robust pricing strategy but many come close.
True price developed a rigorous and scalable methodology to measure the farmer household income of coffee producers across 7 countries.
This is because the fair trade association has set 1 21 as the sustainable production price for coffee.
However the price paid by fair trade merchants for a pound of coffee is 1 26 per pound.
The fair trade certified seal represents thousands of products improving millions of lives protecting land and waterways in 45 countries and counting.
The analysis included insights in the distribution of farmer household income the profitability of coffee and the value added.
Intelligentsia one of the largest specialty coffee roasters in america guarantees farmers at least 25 more than the fair trade price.
If the market price falls below the fair trade minimum price as it did in august 2017.
Fairtrade minimum price and premium information.
Beer 500ml fairtrade 1 85 normal 1 85 biscuits 125g fairtrade 1 23 normal 1 15 tea bags 80bags fairtrade 2 62 normal 2 05 instant coffee 100g fairtrade 1 79 normal 2 98 sugar gra.
The table below lists the fairtrade minimum prices and premiums for all certified products.
On top of that they earn 0 20 per pound in fairtrade premium of which at least 25 percent is invested in productivity and quality initiatives.
Coffee choosing fairtrade coffee means helping coffee farmers around the world to get a fair deal.
By choosing fairtrade coffee you ensure farmers get a fair price for their beans and an additional premium to invest in schools and reforestation and agricultural improvements for example.
Purchases have sent 740 million to farmers and workers since 1998.
Another similarity is that the result of building a long term buying relationship yields a better quality coffee and a better quality of life for farmers.
Fairtrade certified coffee cooperatives currently earn the fairtrade minimum price of 1 40 per pound about 40 more than the current market price or 1 70 per pound organic.