Colombia
Pact Coffee to release limited edition Colombian coffee
The London roaster is releasing five different coffees from the Los Nogales farm, run by Colombian farmer Oscar Hernández, all in one limited edition set.
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.
Löfbergs debuts its Colombian coffee into Waitrose
After launching in the UK a year ago Swedish coffee brand, Löfbergs, is now extending its portfolio, making a debut into Waitrose with a new Colombia ground coffee.
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.
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.
PRF Colombia returns with three coffee championships
On 14 & 15 September 2023, PRF will return to the Plaza Mayor venue in Medellín, Colombia. The event will host three coffee competitions: the Cold Brew Championship, the Global Coffee Roasting Contest, and the Olla Coffee Championship.
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.
4C Services and Melitta Europe hold final coffee workshop
The final workshop for the joint project “Improving working and living conditions for coffee smallholders in Colombia” by 4C Services and Melitta Europa – Division Coffee was held on 25 April 2023 in Santa Marta, Colombia.
April coffee prices rise on the heels of decreasing exports
In its latest report, the ICO stated that the I-CIP expanded to 178.57 US cents/lb in April 2023, supported by decreasing exports.
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.
National Coffee Growers Committee shortlists three candidates for FNC CEO
After extensive debate, the National Committee of Coffee Growers have selected the final shortlist of three candidates for the position of CEO of the Colombian Coffee Growers Federation (FNC).