Ethiopia
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.
Strengthening the coffee community: collaborative roasting
From producer to roaster, collaborative roasting spaces are strengthening the supply chain while also providing the opportunity to experiment with new technology and equipment. By Anne-Marie Hardie
JDE Peet’s partners with Enveritas to assess deforestation
The programme will leverage a combination of satellite imagery, artificial intelligence, and on-the-ground verification to measure the extent of coffee-related deforestation.
Brazil’s São Mateus Agropecuaria wins top award at the 2023 EIICA
Brazil wins ‘Best of the Best Award’ while Guatemala wins the Coffee Lovers’ Choice Award at the 8th edition of the Ernesto Illy International Coffee Award.
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.
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.
ICO reports coffee prices recover in July after first falling
For the I-CIP and Arabicas prices, July was a month of two halves: losses followed by recoveries, while Robustas once again performed the best, recording a small decline.
Robusta prices hit a 28-year in June
The ICO reports that Robustas reached a 28-year high in June amid further narrowing of the Arabica-Robusta differentials.
NKG acquires majority stake in the Nordic Approach Group
Green coffee service group, NKG, further expands its worldwide network with the acquisition of the Nordic Approach Group.
Cimbria expands its green coffee activity in South America
Cimbria is expanding its activities in South America, which is expected to be one of its most promising markets.
As consumption continues to rise, the ICO expects another year of supply deficit
With global green bean exports falling 20.23% to 7.94 million bags in February, the ICO sees another year of supply deficit, with a shortfall of 7.3 million bags for CY 2022/23.
Net zero is no longer enough
Although slow-moving and difficult, the path towards regenerative agriculture is paving the way towards net positive. By Anne-Marie Hardie.
ICO reports reduced exports for current coffee year drove up prices in February
Reduced exports for current coffee year drive the ICO’s I-CIP up 11.4% in February 2023.