green coffee
ICO reports that Robusta levels surge; South America exports jump 41.7%
The ICO Composite Indicator Price grew solidly in March, with the Robustas leading the way.
Louis Dreyfus to acquire Cacique
Agricultural goods merchant and processor, Louis Dreyfus Company announced that it has signed a binding agreement to acquire soluble coffee exporter, Cacique.
NKG opens Indonesian import company
PT NKG Indonesia Imports will launch its integrated warehouse, cupping lab and import office in Jakarta in March 2024.
Robustas hit a 25-year high, averaging 135.47 US cents/lb in December 2023
Robustas grew 10.5% to 135.47 US cents/lb, the highest level since May 1995, while rising tensions in the Red Sea have led some shipping lines to re-route their coffee-carrying vessels as well as add new surcharges.
Coffee prices remain stable averaging above 160 US cents/lb in November 2023
The International Coffee Organization Composite Indicator Price averaged 161.53 US cents/lb in November, a 6.3% increase from October 2023.
Farmers’ Day: celebrating coffee farmers in Indonesia
T&CTJ’s editor, Vanessa L Facenda, just returned from Indonesia where she was able to participate in ofi’s Farmers’ Day, which celebrates, acknowledges and rewards the efforts and engagement of the farmers in its supply chain in Aceh.
Global green coffee exports drop 5.5% for CY 2022/23
The ICO reports that NY and London certified trend down as global green coffee exports fall 5.5% to 110.81 bags in coffee year 2022/23.
Green Coffee Summit returns 5-6 December
The Specialty Coffee Association (SCA) has announced the third edition of Green Coffee Summit, the free-to-attend event consisting of two days of presentations, lectures, and panel discussions.
Coffee co-fermentation gaining traction
To become more innovative and improve the flavour of their coffee, some savvy coffee producers are now experimenting with coffee co-fermentation, which has many benefits, but is not without challenges. By Shem Oirere
Arabicas drop slightly while Robustas remain firmly above 120.00 US cents/lb
The ICO reports that Arabicas drop while Robustas remain above 120.00 US cents/lb in September; world economies and rising costs of living expected to impact consumption.
The coffee market remains fickle
In an exclusive article to T&CTJ, Carlos Mera, head of the agri-commodities markets at Rabobank’s RaboResearch Global Economics & Markets division, reviews the recently closed CY 22/23 and assesses CY 23/24, which begins 1 October. By Carlos Mera
Robusta prices hit near record highs in August
The International Coffee Organization reports that Arabica-Robusta price movements recouple in August — Robustas remain at near record highs.
CropConex launches new digital end-to-end coffee trading marketplace
CropConex is bringing the coffee trade ecosystem online with tools to streamline operations and reduce trade risks.
NKG and GrainPro collaborate on coffee bean liner recycling scheme
Coffee roasters and green buyers now have the option to participate in recycling GrainPro hermetic bags, TranSafeliners and other liners used in the chemical-free preservation of premium coffee beans.
Blending, roasting & processing, Equipment & packaging, Sustainability