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INDIA’S NCDEX LAUNCHES ROBUSTA FUTURES CONTRACTS

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 …

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Ted Fisher

“MAKING BETTER COFFEE.” INTERVIEW WITH AUTHOR TED FISHER ON HIS NEW BOOK. 

I was recently sent a review copy of a new book from the Anthropologist Ted Fisher and asked if I’d like to review it. At the time, I had 12 books stacked by my reading chair, and I might have sounded less than enthusiastic. The pdf sat on my hard drive for a couple of …

“MAKING BETTER COFFEE.” INTERVIEW WITH AUTHOR TED FISHER ON HIS NEW BOOK.  Read More »

Kenya Coffee Bags

NAIROBI COFFEE EXCHANGE REPORTS 53% HIGHER VOLUMES BUT WARNS ON FUTURE

According to a report by the Nairobi Coffee Exchange, sales at Kenya’s coffee auction rose to $210.7 million in the last 11 months of the marketing cycle ending in September. This is a huge increase from the $129.8 million in the same period last year. The growth in revenue is due to a combination of …

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Coffee Trees

BRAZILIAN COFFEE CROP EXPECTED TO BE LOWER IN 2022/23

On Thursday, Brazil’s 2022/23 coffee harvest was estimated at 58.2 million 60 kg bags, 2.9 million bags less than originally expected. The reason for the lower harvest is poor weather conditions in the main growing areas. According to Brazilian agricultural consultant Safras & Mercados, this downward trend applies to the Arabica variety, which trades at …

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Gcc

$100M FINANCE PLAN BRINGS GREEN COFFEE COMPANY CLOSE TO REALISE AMBITIOUS PLAN

Analysis In January, we wrote about the Green Coffee Company’s plan to become the biggest coffee company in Colombia when we wrote: “‘The Green Coffee Company (GCC), has raised the required funds for its Series B funding round, which was increased by USD $3.5m to 13.2 million, due to high demand” In the latest press …

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Ico Coffee Report July - 2022

I-CIP REVERTS TO BELOW 200 US CENTS/LB IN JULY 2022

According to the July 2022 International Coffee Organisation (ICO) Market Report, the composite indicator of coffee prices (I-CIP) decreased by 5.7% between June and July 2022, averaging 190.82 US cents/lb. The Secretariat considers multiple sources for generating supply and demand balance sheets for non-Members and uses the concept of the marketing year, which is the …

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Cacafe June 2022 Report

BRAZIL COFFEE EXPORT REPORT SUMMARY – JUNE 2022

KEY POINTS Brazil exports 39.6 million coffee bags in the 2021/22 harvest and registers record revenues of USD 8.1 billion The result represents a 13.3% drop in volume but a 38.7% increase in dollar amount when compared to 2020/21 According to the council’s president, Günter Häusler, in view of the reduced harvest due to the …

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Kenya Coffee Sacks

CONFUSION AS KENYA COFFEE FAILS IMPORT TESTS IN JAPAN, BUT PASSES IN GERMANY

A question over whether Kenyan coffee has excessive amounts of pesticide residue has once again surfaced following a report by Japanese authorities. The authorities said that samples taken from a shipment of Kenyan coffee contained signs of chlorpyrifos — an active ingredient found in insecticides and considered harmful to humans above a specific dosage.Following this …

CONFUSION AS KENYA COFFEE FAILS IMPORT TESTS IN JAPAN, BUT PASSES IN GERMANY Read More »

Cafe De Colombia

COLOMBIAN COFFEE’S JULY PRODUCTION DROP, PUTS COUNTRY IN REVERSE

Colombian coffee production dropped 22% in July, according to Federacion de cafeteros, who represent the country’s growers association. Exports are down by circa 1% compared to this time last year, to 6.9 million 60-kg bags. In July, registered production of coffee in Colombia, the world’s largest producer of washed mild Arabica, fell 22% to 944,000 …

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Uganda Coffee Washing Station

UGANDA GOV TENDER RAISES QUESTIONS OVER UVCC AWARD

On 14th July, the Uganda Coffee Development Authority (UCDA) posted a tender for Advisory Transaction Services for a soluble coffee processing plant in the papers – see below a copy of a tween from Robert Kabushenga The full tender document below can also be found here on the organisation’s website. A number of key government …

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Club Coffee Pods 1

OFI COMPLETES ACQUISITION OF CLUB COFFEE L.P.

London, July 25, 2022 – ofi, a global leader in naturally good food & beverage ingredients, is pleased to announce that the acquisition of Club Coffee L.P. (“Club Coffee”), previously announced on 26 April 2022, was successfully completed. Club Coffee is one of Canada’s largest coffee roasters and packaging solutions providers to the ‘At Home’ …

OFI COMPLETES ACQUISITION OF CLUB COFFEE L.P. Read More »

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