India’s National Commodity and Derivatives Exchange (NCDEX) will launch limited futures contracts for Robusta coffee, according to a report by financial news source Reuters. India, which is the world’s sixth largest producer of coffee, will start with 3 contracts expiring in February, March and April 2023. The purpose of a futures contract is to allow […]
INDIA’S NCDEX LAUNCHES ROBUSTA FUTURES CONTRACTS Read More »
Coffee lovers may need to buckle up amid the looming coffee price hikes as Vietnam’s vast coffee hoards shrink. The global coffee market is facing huge deficits, and key players in the coffee industry are battered by drought, heavy rainfalls, insufficient supply and shipping bottlenecks. As opposed to production, global coffee consumption is increasing after
VIETNAM ROBUSTA RESERVES SHRINK, COFFEE PRICES MAY RISE AGAIN Read More »
The Switzerland-based multinational food and beverage company Nestlé has recently opened a coffee processing plant in Veracruz, Mexico, which purportedly cost the company $340m. The Nescafé coffee factory will create 1,200 jobs and enable the company to process about 670,000 bags each year. This establishes Mexico as the company’s prominent global coffee processor, with the
NESTLÉ’S NEWEST COFFEE PLANT IN MEXICO BOOSTS BRAZIL’S ROBUSTA Read More »
The Coffee Quality Institute (CQI) and Neumann Kaffee Gruppe (NKG), as one of the main training sponsors and partners, piloted a new Robusta training with a workshop on NKG’s Kaweri Coffee Plantation, Uganda. The learnings from this workshop will be incorporated in new Q Processing 2 Robusta course that will offer opportunities to change the
CQI AND NEUMANN KAFFEE GRUPPE PILOT ROBUSTA TRAINING IN UGANDA Read More »
Nguyen Coffee Supply, America’s first speciality Vietnamese coffee importer and roaster, has secured $2.6 million in seed funding. Founder Sahra Nguyen is quite a character. Her website greets you with a video message directly from her and is filled with media endorsements, pictures of Sahra with coffee farmers and statements of the benefits of the
NGUYEN COFFEE SECURES $2.6M FUNDING TO MAKE ROBUSTA MAINSTREAM Read More »
According to a new report by Reuters, at least 18 thousand tons of robusta coffee was purchased by traders and is destined for the European ICE warehouses. To put that in perspective, ICE had, at the time of the trade, a total stock level of about 100,000 tons. For the last few years, such a
HUGE TRADE SEES ASIAN ROBUSTA SENT TO ICE Read More »
Brazil is increasing the production of robusta beans as their hardiness over the higher quality Arabica beans becomes more important. Robusta’s advantages, including heat tolerance and its ability to grow at lower altitudes, means less risk for farmers who have seen their livelihoods disrupted or even destroyed by weather events outside of their control. The
ROBUSTA GROWS ON BRAZIL AS OUTPUT INCREASES IN CHALLENGE TO VIETNAM Read More »
Coffee prices on Tuesday calmed a bit in the market although it saw robusta at a 2-1/2 year high with July ICE Robusta coffee closed up +8 (+0.51%). The prices remain high on concerns over Brazil’s harvest. Rainfall in the main coffee-growing region, Minas Gerais, was 6.7 mm last week, which equates to a meagre
ROBUSTA PRICES UP AND ARABICA PRICES LOWER AS COLOMBIA EXPORTS RESTART Read More »
plant breeders are hard at work breeding disease resistance and higher yield. Nestle plant scientists have bred Robusta varieties that are resistant to coffee leaf rust and drought resistant.
NEW DROUGHT-RESISTANT ROBUSTA VARIETIES HAVE LOWER CARBON FOOTPRINT Read More »
A team of Ugandan, Dutch and French scientists could have identified a population of climate resistant wild Robusta coffee.
CLIMATE RESILIENT WILD ROBUSTA FOUND IN UGANDA FORESTS Read More »
