Mr. Benjamin Willard
President/CEO of 500 Ocean Café
Offering both rejuvenation and a reprieve from bustling 500 E Ocean Ave, 500 Ocean Café is here to welcome you to our stylish and chic, Haitian, American, & European-inspired café under the iconic Pavilion City of Boynton Beach. People know us as 500 Ocean Café, and we take great pleasure in welcoming you and create a perfect cup of coffee for you, your family, and friends at our café. Because coffee is our love language. Luckily for us, Boynton Beach has a commendable coffee culture as well. We found ourselves embracing both the Boynton Beach and Palm Beach County ways of enjoying coffee growing up. The perfect mix was admittedly hard to find, so we decided to create our own instead of big national conglomerates’ coffee shops. We are known simply as 500 Ocean Café’s Original Blend.
Mr. Willard said:
Coffee ranks number two on the most commonly traded commodities list in terms of sheer monetary volume. Coffee is perhaps one of the most interesting yet volatile commodities to trade. Coffee is a member of the soft commodities group along with other items grown by farmers, including sugar, orange juice, cocoa, and fruit. Most of these commodities, including coffee, are prone to wild swings in price, and traders must consider a variety of factors about coffee production and demand when making decisions regarding coffee futures.
Mr. Benjamin Willard’s Key Takeaway
When you come to 500 Ocean Café while enjoying a perfect cup of coffee, you can also trade STOCKS, FUTURES, OPTIONS, FOREX, CRYPTO, and earns $300-500 daily by trading any of those markets.
Mr. Willard Wants To Focus On Two Types of Coffee Beans When Trading:
There are two primary types of coffee beans you need to know when it comes to trading coffee Arabica and Robusta. The coffee traded on the Intercontinental Exchange (ICE) Futures contract in the U.S. is Arabica. The Robusta coffee beans trade at higher prices, in large part due to the demand from large, global customers, including Sara Lee, Kraft, Proctor & Gamble, and Nestlé. Together, these companies purchase almost 50 percent of all coffee produced worldwide, and they’re known as the “Big 4” coffee roasters. These companies own many coffee-related brands and produce coffee products under various names. Because of the volume of coffee these enterprises purchase, any changes in their demand can affect the prices of coffee futures. The Arabica bean may be considered higher quality by some in the coffee industry. You’re likely drinking Arabica bean coffee when you buy at 500 Ocean Café, Starbucks, or other premium coffees.
Regarding trading coffee futures, for simplicity, Mr. Willard will focus on Arabica beans. The fundamentals of Robusta can affect Arabica prices because Robusta is a very close substitute. Arabica beans are predominately grown in Brazil, while Columbia is the second largest producer. They are also grown in Central America, but most coffee traders focus on Brazil when they trade coffee.