Article written by Melissa Mundt
World coffee prices are notorious for being unstable. The "mood swings" of this market are part of the justification behind Fair Trade certification. Producers who are certified Fair Trade, comply with just labor and transparent accounting practices, among other requirements and are offered a base "fair" price for their coffee, no matter how low the conventional market sinks. But what happens when the price of coffee is high, higher than the Fair Trade price? This is precisely what occurred last year, and the destabilizing effects for cooperatives, Fair Trade buyers and small growers are still being felt and discussed.