Sarah Holder
speaker
234 appearances
2 recordings
1 series
first heard Apr 2025
last heard Aug 2025
Sarah Holder’s voice in public audio — every appearance, attributed to the second.
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Appearances
Odd Lots · Big Take: What a Bacon, Egg and Cheese Teaches Us About the Economy · 23 Apr 2025
podcast
Something to wash it all down.
That's Peter Longo, the owner of Puerto Rico Importing Company, a coffee shop and roaster in New York's Greenwich Village.
The store has been around since 1907, and Peter took it over from his parents in the 70s.
And how much was a cup of coffee at that time?
Coffee hasn't cost a dime in decades, but in the past year, coffee prices have truly been on a tear.
Today, a pound of beans costs Peter about four dollars.
That's nearly double what he was paying last year.
А дрот і Бразил дамедбін супли і на вольтс топ продінь кантри.
Speculative investment.
In other words, economic forces beyond supply and demand.
To understand how markets influence coffee prices, we had to call back Eileena Peng, the agriculture reporter we heard from earlier.
She told me there are two groups of people who get involved in coffee markets.
Instead, they want to play the coffee market kind of like the stock market, buying futures at a certain price, hoping that they'll be able to sell them for more than they bought.
The thing is that right now, the roasters, the coffee houses, the people who do want to actually buy coffee and actually take delivery of it, they've been cautious, trying to buy just what they absolutely need and nothing more, hoping prices will come down.
And since there are fewer buyers in the market right now, any activity can make prices fluctuate wildly.
Tariffs are making the coffee market even more volatile.
Last week, the US hit the world's second biggest grower, Vietnam, with levies of 46%.
This week, Trump announced he was pausing that tariff, at least for 90 days.
But his universal 10% tariff still applies.
Traders are now expecting bean prices to get even higher.
Showing 181–200 of 234 · page 10 of 12
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