Commodity Trading: Oil, Coffee, and Myths…

From my first day slinging coffee in a drive-thru, all the way up to professional development classes put on by the Specialty Coffee Association of America, I have heard this old adage  ”Coffee is the second most heavily traded commodity in the world…right behind petroleum.”  I have not been the only one saying this.  It has been in countless repsectable industry publications and repeated by some of the most notable heads in the industry.  But is it true????  And Where did it come from????

Mark Pendergrast provides a very in depth research article debunking the old myth here.  Its a great read that I recommend to all that have a few minutes.

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