Friday, January 21, 2005

Coffee Bean............................................................

An additional note: bean grade was not developed to facilitate trading of the bean itself. It was developed to facilitate investment in the commodities market. When purchasing beans in person you look at the product, and you take the product or leave it. When purchasing beans in the commodities market, you never see the product, and you invest on blind faith. Experience at actually purchasing the beans indicates that the grading process is somewhat ambiguous. If you are a company purchasing beans, you go to the source, look at and test the product. If you are buying a boat load, you send someone to the country of origin and they evaluate the product or you really must trust the seller. The other variable is to have a trustworthy agent in the field.

Nothing like a pile of money with your coffee

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