South America
Nicaragua Cup of Excellence dominated by young farmers
The passing of the baton to a new generation of innovative coffee producers is evident in Nicaragua as an impressive 75% of the 30 trophy winners are innovative younger farmers.
Nespresso Professional adds Brazil to its Origins range
The new Brazil capsule joins flavours from Peru, Congo, and Colombia as an addition to the collection.
Expocacer commences operations in the US
Through a logistics HUB in the state of Delaware, Expocacer has sent in its first shipment a container with around 320 bags of 60kg of coffee.
JDE Peet’s completes acquisition of Maratá’s coffee & tea
JDE Peet’s has announced that it has successfully completed the acquisition of the Brazilian coffee & tea business from JAV Group.
Robustas hit a 25-year high, averaging 135.47 US cents/lb in December 2023
Robustas grew 10.5% to 135.47 US cents/lb, the highest level since May 1995, while rising tensions in the Red Sea have led some shipping lines to re-route their coffee-carrying vessels as well as add new surcharges.
Study shows negative carbon emissions on Cerrado Mineiro coffee farms
Imaflora published a study on Greenhouse Gas (GHG) emissions, carried out on coffee farms in the Cerrado Mineiro region, which shows that the farms sequester more carbon than they emit.
Gong cha signs two new master franchises
With over 2,100 locations across 23 countries, Gong cha has announced the signing of two new master franchisees (MFs).
Argentinian tea and coffee markets show growth potential
The Argentinian tea and coffee markets have shown generally good dynamics the past few years and have good prospects for growth at the end of the current year and in 2024. By Eugene Gerden
Coffee prices remain stable averaging above 160 US cents/lb in November 2023
The International Coffee Organization Composite Indicator Price averaged 161.53 US cents/lb in November, a 6.3% increase from October 2023.
Expocacer acquires regenerative certification label
In an audit conducted by Regenagri, Cerrado Coffee Growers Cooperative (Expocacer) has become the first in the world to receive the regenerative certification label.
Löfbergs debuts its Colombian coffee into Waitrose
After launching in the UK a year ago Swedish coffee brand, Löfbergs, is now extending its portfolio, making a debut into Waitrose with a new Colombia ground coffee.
Global green coffee exports drop 5.5% for CY 2022/23
The ICO reports that NY and London certified trend down as global green coffee exports fall 5.5% to 110.81 bags in coffee year 2022/23.
BSCA to forensically verify its coffee’s provenance
Brazil Specialty Coffee Association (BSCA) teams up with forensic origin-tracer, Oritain, to guarantee the provenance of Brazilian regional coffees.
Arabicas drop slightly while Robustas remain firmly above 120.00 US cents/lb
The ICO reports that Arabicas drop while Robustas remain above 120.00 US cents/lb in September; world economies and rising costs of living expected to impact consumption.