
Daily Coffee Report 8/10/26
Daily coffee report

- Coffee
By: Alexis Rubinstein, Managing Editor - Coffee Network
CoffeeNetwork (New York) - Fairtrade America, the U.S. branch of globally recognized and trusted ethical certification, Fairtrade International, today released a forecast of opportunities and challenges likely to influence the food and beverage sectors in 2024.
Fairtrade expects sustainable and ethical sourcing, brand transparency and accountability, private label brand growth, the continued rise of 'regenerative', and investment in living incomes and wages to be major drivers of shoppers' and businesses decisions over the next year.
Drawing on new consumer research and learnings from the organization's work with thousands of brands and retailers globally, Fairtrade America predicts the following trends in 2024:
Sustainability claims are nearly ubiquitous in the consumer-packaged goods landscape – Fairtrade's 2023 consumer research, conducted by independent insights firm GlobeScan, revealed that 86% of US shoppers recalled seeing some sustainability or ethical sourcing label on products as they shopped. What's more, sustainable products are driving growth. The latest data from the NYU Stern Center for Sustainable Business show that, while representing just one-fifth of the total CPG market, sustainability-marketed products were responsible for one-third of market growth, and these products grew about two times faster than their conventionally marketed counterparts.
But with so many brands making promises about their product's ethical or environmental impact, consumers are growing increasingly skeptical and discerning. Data released in September from Nielsen NIQ says that 77% of consumers would stop buying from a brand that was guilty of "greenwashing," and new research from Sustainable Brands reveals that are suspicious of environmental and social marketing messages. U.S. regulatory bodies are also cracking down to prevent misleading claims: the SEC has implemented new rules to restrict misleading investment portfolio names, and the Federal Trade Commission will release its updated "Green Guides" in 2024 to provide updated standards for sustainability claims in marketing.
Promising positive impact won't be enough in 2024 – brands will need to show shoppers that they're walking the walk. It will be important for businesses to invest in trusted third party supply chain certifications, like Fairtrade, as a step toward verifiable and meaningful sustainability that consumers recognize and trust.
Attendees of industry events in the last two years will know that regenerative agriculture has been steadily commanding more attention in the sustainability dialogue. Leading players like Whole Foods Market have begun to institutionalize these sustainability practices by requiring third party certification or proof of regenerative claims on product labels.
For all its popularity, however, there is no clear consensus on what 'regenerative' really means. In 2024, businesses, producers and retailers will face the task of defining and implementing this buzzword. As with other sustainability initiatives and claims, this needs to be farmer-led and centered on principles, not just specific regenerative production practices. Fairtrade's sustainable agriculture policy, released this year, presents a path forward with an agroecological approach that meets farmers where they and their farming operations are, ultimately aiming to not just redesign agriculture, but entire food systems.
In the last few years, the operations of large companies have been increasingly scrutinized for their effects on the planet and the people they employ. As anti-deforestation regulations near full implementation in the EU, companies tapping into global supply chains of products like cocoa and coffee are reckoning with the monitoring and reporting infrastructures required for compliance. In the U.S., California's new Climate Corporate Data Accountability Act signals a wave of similar climate-focused regulations for large American companies in the coming years.
Brands who lean into these shifts by assessing and developing measurable roadmaps to address their own human rights and environmental risks will be well-situated to succeed once accountability is a need-to-have here at home.
Additionally, shoppers are demonstrating a growing desire to understand exactly what goes into the products they use and consume. In Fairtrade's 2023 consumer insights research, 92% of shoppers surveyed said that they are interested in knowing more about the people behind their food. In 2024, supply chain transparency and third-party verifications of sourcing and production promises will move from leading edge to table stakes.
Globally recognized brands like Ben & Jerry's, Lidl and Tony's Chocolonely have been pioneering partners of Fairtrade on the path to living incomes for cocoa farmers. Fairtrade expects to see a greater focus on this critical lever to improve farmer livelihoods across a number of commodities and industries in 2024.
Already in 2023, the Fairtrade Minimum Price for coffee shifted in favor of farmers' needs and new Living Income Reference Prices are being developed for various coffee-producing regions. wages, Fairtrade has launched new initiatives to support banana farm workers in achieving living wages.
Terms like "living income" and "living wage" are becoming more mainstream in the U.S. in light of recent economic uncertainty and rising prices. Beyond the U.S., millions of smallholder farmers are speaking up about the challenges of unsustainable livelihoods, and there's increasing pressure for businesses to collaborate in the name of industry-wide change. In 2024, businesses will need to demonstrate commitment and impact to sustainable livelihoods through long-term and farmer-approved financial partnerships.
Long thought of as simply a budget-friendly option, many private label brands today symbolize a "premium" or preferred line that consumers value for more than price. Target, for example, recently touted its Good & Gather brand as a "crown jewel" of its grocery business. There's opportunity for both retailers and manufacturers to capitalize on shoppers' shifted perspectives on these brands in 2024.
For retailers, meeting shoppers' sustainability values, in addition to price expectations, is the next frontier of growth for private label and could be a key that unlocks broader store success. Fairtrade's 2023 consumer research showed that two in three consumers familiar with Fairtrade prefer to shop at retailers that they know carry certified products. They'd also purchase more Fairtrade products if they were available where they shop.
For brands, offering those "extras" in value beyond price is the next evolution to stand out to customers. Retailers will likely emphasize sustainability in their product selection as they strive to meet shoppers' expectations.
Alexis Rubinstein
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Daily coffee report


August 10 – The world commodity markets and economy remains at risk amid two wars this morning. Tensions continue to escalate in both the Middle East and the Black Sea – risking pulling other countries into the conflicts. Stocks are down modestly this morning as we start a week of trade in which we’ll see key inflation and retail sales data following a weak jobs report this past Friday. Yet, stocks continue to trade just below record high levels, with the VIX trading near 2026 lows just above 15. The dollar index is trading near 99.7. Yields on 10-year Treasuries are trading near 4.68%, while yields on 2-year Treasuries are trading near 4.23%. The energy and food-based markets are firmer today amid the escalated risks. WTI crude oil is trading near $80, while Brent trades near $85 per barrel. Double-digit gains in the winter wheat markets lead the way for higher grain and oilseed prices.


August 7 – The U.S. economy unexpectedly lost 23k jobs in July, dramatically below market expectations of an 80k increase and marking the worst Non-Farm Payrolls print since February. Furthermore, May and June were both revised sharply downward, with combined revisions showing 103k fewer jobs than previously reported. Outside of the healthcare sector, which added 22k jobs in July, the losses were very broad-based. Government payrolls saw the largest decline, shedding 53k jobs in July, the largest seen since October 2025, while June was revised down to show a loss of 10k jobs as well. The private sector at least saw growth, adding 30k jobs in July, now matching the month prior after it was revised down from the 49k initially reported, and substantially missing forecasts of 78k jobs being added. This is a sharp reversal in course from the largely better than expected U.S. labor data seen earlier this week.

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