At Harken, we believe that it's absolutely vital that we ensure the farmers we get our coffee from are not only receiving a fair price but that they are able to support their families and grow their business. When the farmers are happy, everyone benefits. While we don't yet buy our green coffee directly from the farmers, we have partnered with some amazing people who do, and who not only know the farmers they buy from personally, but ensure that they are giving them the support they need.
You can find out more information about them here:
Our goal is to have complete transparency on our pricing, and we will provide as much information as we can. When you buy beans from us, we want you to be able to know exactly where that money goes to. We have a very simple pricing model: we have a standard mark up for our 200g and 1000g sizes that never change. So the price is entirely dictated by the quality of the coffee, and how much we paid to bring it in. We won't be jacking up the price just because a coffee won a bunch of awards. If it's more expensive, it's because it's really good, or cost more to produce.
We simply take the cost of the coffee and add $14 for our 200g boxes.
No hidden charges, no sneaky profits. We just want to bring your delicious coffee at a fair price.
When you purchase a box of coffee, this is where the costs come from:
We strive to get as much information about all of our coffees so that we know exactly how much the farmer is getting for their coffee. In our coffee menu, we will list Transparent Pricing whenever we can that will feature some key information, for example:
Price paid to farmer: $1.65 USD per pound *
+ 25% Market Price** | + 36% Local Price***
*this is the price that the farmer actually received for a pound of their coffee, in USD. Depending on the region, it costs about $0.90 to $1.50 to produce a pound of coffee. All of our importers ensure that the farmer is making a reasonable amount above their costs so that they can support their livelihood.
** this is the Commodity Market price. Without getting too technical, this is a futures market, similar to other commodity markets and is basically a stock exchange price that is used to determine coffee prices. If a farmer chooses to sell on the "C Market" there is a standard price, regardless of the quality of coffee, that changes each day based on speculation and contracts.
*** this is a typical price on how much farmers get when they sell to local mills, typically set by local governing bodies.
As we get closer to launch, we are going to be sharing more specific information with you, including exactly how much goes back to the farmers and we will start to share information about some of the wonderful things our importing partners do to support the farms they buy from.