exports
Covid-19’s effect on tea origins and production
Last week, the Tea and Herbal Association of Canada (THAC) held a two-day virtual North American Tea Conference under the theme, “The Present Reimagined.” The event offered a strong mix of presentations covering the impact of Covid-19 on Canadian consumption trends, consumer behaviour and purchasing patterns, as well as the pandemic’s effect on the global tea industry.
Coffee year 2019-20 ends in surplus
Coffee year 2019-20 is seen ending in a surplus of 1.54 million bags.
ICO reports that August marks the second consecutive monthly rise in coffee prices
In its latest report, the International Coffee Organisation (ICO) revealed that all group indicator prices rose in August 2020 for the second consecutive month.
Coffee prices rise in July after three months of decline
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.
ICO reports coffee prices fall for the third consecutive month
In its June green coffee report, the International Coffee Organisation (ICO) announced that prices decreased for the third consecutive month.
ICO reports Arabica prices fall in May while volatility subsides
In its newest report, the International Coffee Organisation (ICO) announced that while all Arabica groups trended downward in May 2020, the Robusta group indicator rose by 0.9% to 64.53 US cents/lb.
ICO reports coffee prices diverge in April while volatility rises
In its newest report, the International Coffee Organisation (ICO) reported that the volatility of all coffee group indicators grew in April 2020.
ICO reports that Arabica prices rose in March while Robusta fell
In March 2020, prices for all Arabica group indicators increased due to concerns over the availability of that type of coffee while Robusta prices fell, according to the International Coffee Organisation’s (ICO) latest report.
The need to improve FSMSs and HACCPs
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
ICO May: Despite upturn at the end, global coffee prices remain low
In May 2019, the monthly average of the ICO composite indicator fell to 93.33 US cents/lb in May 2019, 1.2% lower than in April 2019.