Forward contracts are one of the most important tools we use to give our roasters and producers security. They allow roasters to secure a supply of green coffee at an agreed price while it gives producers financial security knowing they will have a guaranteed buyer. Forward contracts with Global Origins are purchase commitments from roasters to sources, and operation/logistical commitments from us.
Why Use Forward Contracts
A forward contract is an extremely useful tool that provides financial security and supply side security. For roasters, it gives the ability to financially plan purchases, forecast how much green coffee will be needed over a certain amount of time, and provides consistency knowing the quality that can be expected. For producers, it gives them buyer security and allows them to financially plan for their families and their farms in an effort to continue producing high-quality coffees. In the long-term, forward contracts can help relationships flourish and strengthen in the most positive ways.
How Forward Contracts Work
1. We learn more about your needs as a roaster from origins, cupping profiles, and price points.
2. We evaluate and source coffees from our partners in origin that best fit your needs.
3. We agree on terms relating to quantities, timelines, and price points that are sustainable for producers and support your roasting operations.
4. We handle all logistics, importing, warehousing, and transportation of the coffees that correlate with the expected delivery of your coffee.
Ready to Forward Contract?
Fill out the form below and let's connect! Let us know what origins, cupping profiles, and price points interest you. Please note that we have a 10 bag minimum in order to forward contract with us. If this minimum does not meet your needs, please do not hesitate to let us know so we can find a solution for you!