Daintree Cacao: Important Pricing Update

Daintree Cacao: Important Pricing Update
 Dear Somasippers/slurpers/suckers,
 
We’ll start with our sad news - circumstances have compelled us to bring forward next year’s price adjustment for our Daintree cacao.
 
Our policy is to never increase prices by more than the cost of a cup of coffee - we’ve stuck to that policy through commodity price surges and post-COVID inflation, and this adjustment will be the same.
 
Unfortunately, while most of our adjustments are in the “cup of black coffee at a North Queensland bakery” range, this one is more a “single-origin double ristretto made by a barista named Raffael in Fitzroy” change.
 
Until recently, we sourced our Daintree cacao from a company run by Wayne Simmons, who passed away last year. Wayne worked tirelessly to hold together a company with independent suppliers, dubious shareholders, high overheads, and a legacy of prior mismanagement. John said Wayne never made him a promise that he didn't bend over backwards to keep, and he was the same with us.

Since Wayne's passing, new management at his old business have concluded that Australian cacao is not viable for them, and have stopped supplying it. Because of this, 
we now deal with Farmer John directly. This has helped us cut some costs, especially in transport and storage.
 
But we’ve learned that John has been treating his cacao trees as a passion project, and relying on rent from the rest of his farm to make a steady living. This doesn’t seem right to us - we want to have a long and mutually enriching relationship with John, see his cacao farm expand, and help make cacao appeal to other Australian farmers. So John has sat down with his son (the brains of the family - an engineer), added up labour, equipment, and material costs, and calculated a price for his beans, which we have accepted.
The happiest/healthiest cacao pods we've ever seen.
(Rose also a very happy cacao pod).
 
 
The Australian ceremonial cacao market is unique. When Soma started four years ago, almost every other Australian cacao brand sourced their cacao from the same cheap Peruvian wholesaler, which made prices unnaturally low.
 
Even today, Soma sells cacao for about 30% less than the average US or European brand. We don’t mind this - it means cacao is more accessible in Australia, which will certainly be good for us (and everyone else) in the long run.
 
Even at our new price, we won’t make a profit on our Daintree cacao.
 
We don’t mind that, either - we know happy Daintree customers will inevitably buy other things (if you want to do us a favour, buy one of our excellent Soma Mini-Mixers). And we're proud to stock Australia’s only organic cacao, which is also one of the finest cacaos in the world.
 
As single-origin chocolate gets more popular, we know John will be approached by a whole host of horrid chocolatiers. We have to offer him a price that is competitive with theirs (they have the luxury of bulking out their chocolate with sugar and other weird fluff). We love selling John’s amazing cacao just the way it is, so people can really taste and feel it. We know John loves that, too - we’re hoping this is the start of a long and fruitful partnership.
 
Farmer John fending off an offer from a pesky chocolate company.
 
From Wednesday 1 October, our 500g bags of Daintree cacao will be priced at $74.95 (previously $69.95), with equivalent adjustments across other sizes.
 
Price rises are our least favourite part of running Soma. We've spent weeks tip-toeing back through budgets, trying to strike a balance between compensating John fairly for his remarkable cacao, and keeping it affordable for our Somis. We think of ourselves as intermediaries who take John's cacao from his trees to your kitchen, and we work hard to make this process smooth, efficient, reliable, and beneficial for everyone.
 
With kakadu plum, mesquite and coconut sugar,

Rose, Alistair, and the team at Soma Cacao.
 

0 comments

Leave a comment

Please note, comments must be approved before they are published