01 Jun '18, 7pm

Ethiopia Auction Led by Importer Trabocca Returning Nearly $100K to Producers

Meanwhile, Trabocca is pledging to pay anything above $7.50 per pound directly back to the producers during field visits this year. The $7.50 mark was derived from a $5 price minimum that was paid when Trabocca initially purchased the coffees, plus $2.50 for logistics and fees associated with the auction itself. In total, Trabocca said it is returning an additional $96,292 directly to the Ethiopian producers whose coffees were part of the auction.

Full article: https://dailycoffeenews.com/2018/06/01/ethiopia-auction-l...

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