Origins
Zakat Foundation of America supports Yemen’s historic ‘National Yemen Coffee Auction’
With unanimous support from Yemen’s coffee community, The Mokha Institute, with support from the Zakat Foundation of America, has launched an open auction platform for Yemeni farmers and exporters to access the global marketplace for the first time.
Coffee prices fall back below 200 US cents/lb in July 2022
The ICO Composite Indicator Price (I-CIP) was down 5.7% from June to July 2022, averaging 190.82 US cents/lb for the latter.
Sri Lanka tea industry struggles but is resilient
The tea industry in Sri Lanka, with its 155 years of history, has been one of the most essential foreign currency earners for the country. It is strongly expected that Ceylon tea will be a key performer during the reconstruction of the nation.
The 3rd WCPF addressed the importance of a truly sustainable coffee value chain
The third World Coffee Producers Forum (WCPF) addressed the intersection between coffee farmers’ prosperity and National Coffee Sustainability Plans.
In the Eye of the Storm
As biological and environmental challenges continue to intensify, coffee and tea researchers are integrating science and technology to help combat the problems and adapt.
Numi Organic Tea announces Together for H2OPE: Ukraine
The initiative will work to bring safe drinking water and life-saving essentials to Ukrainians displaced by war.
Gesha Village Estate fetches record price paid for Ethiopian Coffee
Gesha Village Estate achieves African record auction coffee price of $254 per pound at the 2022 Pride of Gesha Coffee Auction.
Yemen launches historic Inaugural ‘National Yemen Coffee Auction’
The Mokha Institute, with unanimous support from Yemen’s coffee community, launches a new open auction platform for Yemeni farmers and exporters to access the global marketplace for the first time.
Latin America’s coffee industry receives a much needed and strong dose of financing
The deal aims to support Latin American coffee’s value chain, promote growth, and support economic recovery.
I-CIP rebounds to over 200 US cents/lb for the first time since February
The ICO Composite Indicator Price (I-CIP) gained 4.5% from May to June 2022, averaging 202.46 US cents/lb for the latter. Estimated total production in coffee year 2021-22 remains unchanged at 167.2 million bags, while world coffee consumption is still projected to grow by 3.3% to 170.3 million 60-kg bags in 2021-22.
Starbucks Reserve Roasteries launches new All Across Africa merch collection
The new merchandise is made by women working with All Across Africa, an organization helping artisans in rural Africa bring their products to the global marketplace.
CSR – consumers demand action, not aspiration
Corporate social responsibility (CSR) has long been something brands/companies aspired to, but it was rarely inherent in their mission statements or business practices. Those days are gone as today’s consumers are demanding that companies ‘walk the walk’ and no longer ‘talk the talk’ when it comes to CRS.
WOC 2022 boasts 11,000+ attendees & crowns five new World Coffee Champions
Coffee professionals converged in Milan, Italy, 23-25 June for the first World of Coffee since 2019.
Blending, roasting & processing, Business, Origins, Product news
Reviewing Africa’s green coffee trends
Although there have been fluctuations, production in most of Africa’s key coffee-producing countries has remained relatively stable, even during the pandemic.