The International Coffee Organisation (ICO) indicator price rose 9.5 per cent in July, following nine consecutive months of price falls. The rise was largely attributed to strong Read more
Monthly coffee exports down 470,000 bags in June over a year ago
World coffee exports amounted to 9.58 million bags in June 2012, compared with 9.11 million in June 2011, the International Coffee Organisation (ICO) reported. The ICO Read more
Starbucks Third Quarter results fall short of expectations
Starbucks released its third quarter results on 26 July, announcing lowered 2012 full-year earnings due to “global economic conditions”. While the results showed total net revenues at Read more
Mexico sees first Cup of Excellence auction
Mexico saw its first Cup of Excellence auction on 25 July, with the winning coffee farmer from Veracruz selling his coffee for US$50.21 per pound. Buoyed Read more
US$6.6 billion spent on Fairtrade products in 2011
US$6.6 billion was spent on Fairtrade certified products last year, according to figures released by Fairtrade International this month. “Fairtrade is the norm for millions of people,” Read more
Registration still open for the International Coffee Tasting 2012 competition
The fourth edition of International Coffee Tasting will be held in Brescia, Italy from 29 to 30 October 2012. The annual International Coffee Tasting event is the Read more
Coffee Kids and SCAA Roasters Guild aim to raise $20,000
Non-profit development organisation Coffee Kids has launched a new campaign, running through October, to support coffee farmers during the months when there is no income from
coffee. Their Read more
Sales of hand-held harvesters escalating in Brazil
The market for hand-held harvesters has been expanding rapidly in Brazil, the latest P&A Coffidential newsletter reported. P&A Coffidential reported that a leading manufacturer indicated sales were Read more
Global coffee researchers gather in London to agree on collaboration and seed exchange
Story by Vicente Partida, World Coffee Research Coffee scientists gathered in London this past month to begin plans for the first phase of research projects conducted under Read more
Joh. A. Benckiser acquires Peet’s Coffee & Tea for $1 billion
Peet’s Coffee & Tea, Inc. and Joh. A. Benckiser (JAB) announced on 23 July that they have entered into a definitive agreement under which JAB will Read more