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Starbucks pays more for coffee than other retailers

Starbucks, contrary to popular belief, does not pays less for their coffee than other coffee buyers, using their size to bully their suppliers into meeting extremely low prices (like one here-unnamed major retailer does). In the past year, Starbucks paid about 36% more than the average price per pound of coffee beans, shelling out $1.42 for every pound of beans they bought.

Does this definitively prove that Starbucks is making the world a better place for all coffee growers and that there will be no starving farmers working coffee plantations in the world? Of course not. The latter problem can't be helped because that low average price means that there are companies paying far, far less for their products. What this does mean is that Starbucks is making positive policies that will benefit growers in the long run, setting a higher standard that other buyers will, hopefully, meet at some point.

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Filed under: Farming, Business, Food Politics, Drink Recipes, Coffee Shops

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