Guatemala
As consumption continues to rise, the ICO expects another year of supply deficit
With global green bean exports falling 20.23% to 7.94 million bags in February, the ICO sees another year of supply deficit, with a shortfall of 7.3 million bags for CY 2022/23.
ICO reports reduced exports for current coffee year drove up prices in February
Reduced exports for current coffee year drive the ICO’s I-CIP up 11.4% in February 2023.
Coffee prices stabilised in January, with a slight decrease
Amid fluctuations and a slight price drop, the I-CIP picked up in January.
Fairtrade International & Bellwether Coffee expand living income pricing to coffee farms in Guatemala
Fairtrade International’s living income strategy has sustainable procurement practices, including the payment of a Living Income Reference Price or LIRP, as a critical enabler of sustainable livelihoods for smallholder farmers.
Despite a 12.3% setback in November, coffee prices stabilised
Although all average prices for all coffee groups fell in November, the I-CIP remained firm posting a median value of 156.83 US cents/lb.
Rewriting the carbon story
As awareness continues to grow about the importance of reducing carbon emission, one solution minimising carbon footprints and mitigating the risk of climate change is regenerative agriculture.
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.
Dunkin’ commits to 100% responsibly sourced coffee by 2025
Showing its commitment to where its coffee comes from and how it’s sourced, Dunkin’ commits to 100% responsibly sourced coffee by 2025.
Winners announced of Guatemala One of a Kind auction
The National Coffee Association and the Alliance for Coffee Excellence announced and awarded the 15 winning coffees of the second edition of the One of a Kind auction.
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.
The business case for sustainability
Implementing sustainable initiatives throughout the coffee and tea supply chains is not only good for the environment, the people and the product, it is simply good business.
Coffee prices rally in April 2021
The ICO reports that coffee prices improved in April 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.
ICO composite indicator increases for the 4th consecutive month
The International Coffee Organisation announced that in February 2021, the ICO composite indicator continued its upward trend.