US Crude Oil Exports Hit Record 5.6 Million Bpd in May, Boosting Global Markets

US Crude Oil Exports Hit Record 5.6 Million Bpd in May, Boosting Global Markets

US crude oil exports hit a record 5.6 million barrels per day in May, and the number matters because it shows how quickly global buyers can redirect supply when Middle East flows are disrupted. Asia and Europe stepped in at scale, turning a regional energy shock into a boost for American barrels. For traders, refiners … Read more

How Karnataka’s Coffee Cooperative in Coorg Exports to Starbucks Without Losing Farmer Control

How Karnataka's Coffee Cooperative in Coorg Exports to Starbucks Without Losing Farmer Control

In the mist-wrapped hills of Kodagu district, a 62-year-old grower named Suresh Ponnappa tends to four acres of Arabica coffee that his grandfather first planted in the 1940s. His entire annual harvest — roughly 1,200 kilograms of cherry — now travels from his small estate to a Starbucks Reserve counter in Mumbai. Yet Suresh has never spoken to a single Starbucks buyer. His cooperative did that for him, negotiating a price nearly ₹40 per kilogram higher than what the local trader offered last season. I travelled to Coorg in early 2026 to understand how this arrangement actually works, and what I found challenged almost everything I assumed about Indian cooperatives.

This is not just a feel-good story about farmers and fair trade. It is a structural lesson in how a cooperative coffee model in Karnataka has cracked the export supply chain to one of the world’s largest coffee brands — without surrendering governance to corporate intermediaries or government bureaucrats. At a time when the Ministry of Cooperation is pushing to modernise India’s 8.5 lakh cooperative societies, Kodagu’s coffee growers offer a rare working blueprint.

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