Central America
Costa Rica strives to remain at the top of global coffee map
Costa Rica’s coffee industry has been dealing with a multitude of factors that have negatively affected production, and while these challenges are not going away anytime soon, looking ahead, there is reason to be optimistic.
Arabica prices slip while Robustas record an uptick in final month of CY 2021/2022
ICO’s I-CIP remains range bound since March 2022, averaging 197.13 US cents/lb for the seven months ending in September.
Ally Coffee to open an office in Australia & expand operations in Oceania & Asia
Ally Coffee to open a new office in Melbourne, Australia and expand sales and logistics operations to Oceania & Asia.
Coffee market lay of the land
Ryan Delany, co-founder of and chief analyst at the Coffee Trading Academy, assesses the recent coffee year (21/22) as it comes to a close (30 September) and offers an outlook on the coming CY (22/23, beginning 1 October).
Robustas made the biggest gains in August, up 9.2%
The ICO reports that low Arabica certified stocks and high volatility add pressure on the I-CIP, closing August at 208.37 US cents/lb.
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.
One of a Kind Guatemala coffee auction aims to expand market access opportunities
The National Coffee Association of Guatemala (Anacafé) and Alliance for Coffee Excellence (ACE) have come together to launch the second edition of the “One of a Kind Guatemala” auction.
Nicaraguan coffee smallholders to benefit from investment in Aldea Global
IDH Farmfit Fund and Oikocredit are providing a syndicated loan to Asociación Aldea Global Jinotega, a Nicaraguan small farmers’ association that produces and exports speciality fair trade and organic coffee.
Costa Rica hosts first private auction on 24 June
Exclusive Coffees and Sensible Development hold first private auction from Costa Rica on 24 June.
Coffee prices rally in April 2021
The ICO reports that coffee prices improved in April 2021.
Fincas Mierisch Los Favoritos Auction returns after five-year hiatus
The Alliance for Coffee Excellence (ACE) in partnership with Fincas Mierisch, has announced that the Los Favoritos ACE Private Collection Auction is back for May 2021.
Coffee prices rise but fall towards end of March
According to the ICO’s latest report, coffee prices rose slightly – up 0.8% – in March versus February, confirming an upward trend over the last five months, representing the highest monthly average since coffee year 2017-18.
NKG supports Honduran coffee community affected by hurricanes
Together with partners and customers, Neumann Kaffee Gruppe has raised funds of more than $272,000 to repair damages in Honduras caused by hurricanes Eta and Iota.
Lavazza reaffirms sustainability commitment with La Reserva de iTIERRA! relaunch
Lavazza is reaffirming its commitment to sustainable production and coffee farmer welfare with the relaunch of its premium range of sustainable, quality blends for coffee professionals.
Equipment & packaging, Origins, Product news, Sustainability