Ziga Povse

INDIA’S COFFEE EXPORTS HIT $1 BILLION MARK FOR THE FIRST TIME

The Government of India has been witnessing a steady rise in its coffee exports. From 1960 to 2021, India’s coffee export increased twelvefold in quantity, and the value of the coffee export has risen 760 times in the same time period. India’s Press Information Bureau (PIB) stated that coffee exports in the year 2021-22 have […]

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NESTLÉ’S NEWEST COFFEE PLANT IN MEXICO BOOSTS BRAZIL’S ROBUSTA

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

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GCP, P4F COLLABORATE TO BOOST FARMER LIVELIHOOD

Global Coffee Platform (GCP) and Partnership for Forests (P4F) recently signed a joint agreement that will explore and promote agroforestry practises in the coffee regions of East Africa. The new partnership signed in June 2022 between P4F, a UK government-funded programme, and GCP aims to improve the income of farmers by producing coffee sustainably. The

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OFI SUPPORTS COFFEE SUPPLY CHAIN ON RESILIENCY AMID MARKET VOLATILITY

London; 12 July 2022 — olam food ingredients (ofi), one of the leading green coffee origin exporters in the world today announces that its coffee teams in 18 origins around the world have reached 105,000 farmers with sustainability support – over halfway towards a target of 200,000 by 2025. The support covers training, technical assistance,

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STEEPED COFFEE RAISES $5 MILLION IN 48 HOURS

The California-based single-serve coffee provider Steeped Coffee has recently raised $5 million through the crowdfunding platform Republic. More than 4,500 investors supported the crowdfunding campaign in less than 48 hours. That makes it “the 11th firm to raise the $5 million funding cap on Republic.” According to the company, the money will go toward reaching

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LÖFBERGS APPOINTS NEW HEAD OF SUSTAINABILITY

Kajsa-Lisa Ljudén is named as the new Head of Sustainability at Swedish coffee group Löfbergs. Ljudén is currently working as a sustainability strategist at the family-run coffee roaster and has 10 years of expertise in the field. She replaces Eva Eriksson, who has worked at Löfbergs for 34 years. Ljudén began her career at Löfbergs

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world of coffee

2022 BEST NEW PRODUCT AWARDS AT WORLD OF COFFEE MILAN

The recently held World of Coffee Milan 2022 hosted The Best New Product (BNP) Competition and Display Awards where new products are judged by their quality and value to the speciality coffee and tea industry. Ten categories produced winners for the competition this year. The judging criteria are based on the product’s impact on IDEAS,

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ICE Futures

CHALLENGING MARKET FORCES ICE TO SHIP ARABICA TO U.S. 

Coffee trade sources told Reuters that commodity traders are shipping arabica beans from Europe-based ICE futures exchange warehouses to the USA. Unpredictable weather patterns, driving uncertainty in the markets, prompted this change when it caused a predicted shortfall to the market of 8.45m bags.  Shipping arabica coffee from one major consuming region to another is

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