In its latest report, the International Coffee Organisation (ICO) revealed that all group indicator prices rose in August 2020 for the second consecutive month.
The International Coffee Organisation (ICO) reported that prices for all coffee groups rose in July 2020 following three months of declines, though the largest month-on-month increase occurred for Brazilian Naturals.
In its June green coffee report, the International Coffee Organisation (ICO) announced that prices decreased for the third consecutive month.
Nestlé has expanded its use of the IBM Food Trust blockchain technology platform to its Zoégas coffee brand; consumers will now be able to trace their coffee back to its origins.
Although many initiatives are still in test stages, artificial intelligence can help to advance the coffee industry. With artificial intelligence, solutions can be incorporated throughout the entire supply chain, including coffee grading, identifying diseases and even in the roasting process.
Coffee consumption in Brazil has continued to rise in recent years, despite the slow economy, according to a report by Rabobank.
While the global merchandising of food commodities remains strong, safety and quality standards between countries differs greatly. Food exporters and importers should evolve trade rules, unify inspection processes and synchronize food related statutes. By Logan Portmann
Coffee quality and sustainability are sometimes seen as opposing goals, that to achieve high quality means eschewing ecological awareness and that an environmental approach to coffee production does not leave room for additional quality standards. But, as farms in Brazil and Colombia prove, large scale coffee production can leverage its size to achieve both cup quality and overall sustainability in tandem. By Rachel Northrop
Euromonitor International proposes a growth decomposition model to help stakeholders more accurately map coffee market changes in regions such as South America. By Angelica Salado
Notes Coffee took first place at the Mercanta Coffee Hunters Speciality Coffee Competition for its Laurina coffee, in celebration of International Coffee Day 2019 on 1 October at the Brazilian Embassy in London.
Ally Coffee has become the first importer accredited under the Cerrado Mineiro Designation of Origin’s Integrating the Coffee Chain program.
The monthly average of the International Coffee Organization (ICO) composite indicator decreased by 1.5%, to 109.59 US cents/lb in November 2018 following the 13.3% increase to 111.21 US cents/lb last month, reflecting the fall in prices for all group indicators.