Nicaragua
Coffee prices stabilised in January, with a slight decrease
Amid fluctuations and a slight price drop, the I-CIP picked up in January.
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.
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.
Women in the Nicaraguan coffee industry celebrated in auction
Alliance for Coffee Excellence in partnership with Nicaragua’s National Commission for the Transformation and Development of Coffee Farming (CONATRADEC) is introducing a Private Collection Auction that will feature an all-women line-up of producers.
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.
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.
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
Mercon Coffee Group promotes alliances to create a Hurricane Emergency Relief Fund
The funds have been earmarked for the rehabilitation of roads in 11 coffee-growing communities in Nicaragua and Honduras.
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.
Mercon Coffee Group and Seeds for Progress Foundation inaugurate new development centre in Nicaragua
The new development centre is the third to be inaugurated as part of the Cultivating Education Program; an initiative that contributes to the prevention of child labour in coffee producing regions.
Half-year Cup of Excellence results provide huge hope for farmers
With record-setting prices for all of its last five auctions, Alliance for Coffee Excellence delivered over $3 million dollars in gross auction revenue for its combined 123 winning Cup of Excellence coffees.
Mercon Coffee Group launches new imports division
Mercon Coffee Group has launched Novus Coffee Imports, its new division dedicated to sourcing micro-lots, estate-grown, and premium coffees from thousands of small producers across its network.