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Coffe News - 10 Sep 2024

Coffe News - 10 Sep 2024
Americas

Argentina - 500 Students With Disabilities Trained Since 2021 In Café Program
Brasil - 2025/26 Coffee Harvest Threatened By Drought And High Temperatures Coffee Prices Hit Weekly Highs: Arabica Up 180 Points
Brazil - Cafezinho Averages R$ 5.29, Represents 10% Of Meal Cost
Brazil - Café Vovó Pureza Wins Best Stand Award At Expoacre 2024
Brazil - Embrapa Launches Free Five-Hour Pest Management Course
Brazil - "Café Produtor De Água" Program Supports Sustainability Until 2025
Brazil - Low Humidity Across Brazil; Fires Destroy Coffee Crops
Brazil - Brazil Faces Low Humidity; São Paulo Fires Devastate Coffee Production
Brazil - Cerrado Mineiro Prize Receives Record 547 Coffee Samples
Brazil - Coffee Prices Surge 30% Amid High Volatility In Commodities
Brazil - Robusta Coffee Price R$ 1,490, Negative Spread R$ -44.89
Brazil - Brazil Exports Record 3.733 Million Coffee Sacks In August
Colombia - 40,000 Jobs Created As Coffee Harvest Season Begins
Colombia - Microlots Contest Features 50 Coffees Auctioned At $55/Pound
Ecuador - Bracamoros Coffee Fair In Palanda Set For September 14, 2024
Ecuador - Café Lojano De Origen Uses Advanced Technology For Quality Safety
Honduras - Small And Medium Coffee Producers Receive Financial Support
Mexico - Arabica Coffee Price Rises To 247 Cents Per Pound
Mexico - Starbucks Supports 12,000 Mexican Coffee Farmers Since 2014
Panama - Elida Geisha Coffee Costs R$ 55,943 Per Kilogram
Panama - Panama'S Coffee Plant Supports Families, Preserves Canal Water Resources
Peru - Villa Rica Hosts Iv Coffee Filtering Preliminaries, Finals December 1
US - New Ceo Niccolò Aims To Enhance Coffee Culture In Us
United States - Portland Coffee Chain Seeks $250,000 To Survive
United States - Café Arábica Prices Rise Amid Climate Issues In New York
United States - Hawaii Coffee Franchise Expands With 3-Store Agreement
United States - Starbucks Ceo Niccol Targets Four Key Areas For Revival

Asia

Indonesia - Ubaya And Uk Widya Mandala Launch Herbal Dip Coffee Innovation
Indonesia - Coffee Production In Temanggung Reaches 18,489 Tons In 2020
Indonesia - Robusta Coffee Prices Surge To Rp80,000 Per Kilogram
Indonesia - Eu Anti Deforestation Law Impacts 20% Of Indonesia'S Coffee Exports
Indonesia - Fore Coffee Achieves 45X Ad Spend Return, 4.9M Impressions
Indonesia - Insufficient Training Limits Coffee Growth In Central Java
Indonesia - Coffee Prices Steady At Rp 70,000 Per Kilogram
Japan - Atomo Coffee Launches In Japan, Reduces Co2 Emissions By 83%
Malaysia - Zus Coffee Secures Rm250 Million For Global Expansion
Malaysia - Top Malaysian Coffee Chain Secures Funding From Kv Asia
Thailand - Chiang Rai Targets Asean Coffee Hub And Tourism Growth
Turkey - Coffee Prices Surge Amid Inflation Crisis
Turkey - Coffee Prices Set To Rise By 40% Starting October 1
Vietnam - Youth Collaborates On 100 Hectares Of Organic Coffee
Vietnam - Coffee Prices Surge 40% To $4,667 Per Ton

Europe

Austria - Nespresso Launches 82% Paper Pulp Compostable Capsules In Austria
Belgium - Nespresso Launches Eco-Friendly Capsules After Three Years Of Research
France - Bacha Coffee Opens €20M Outlet On Champs-Élysées In 2024
Germany - Second International Coffee Convention Set For October 17-18
Italy - Caffè Milani Launches Italy'S First Sustainable Barista Course
Italy - Seventeen Coffee Types Tested, 102 Sensory Responses Collected
Italy - Illy'S University Of Coffee Trains 350,000 In 25 Years
Poland - Autumn Price Hikes: Coffee Up, Wheat Down 117 Million Tons
United Kingdom - Iced Coffee Sales Surge To £279M With Jimmy'S Offerings

Africa

Burundi - Burundi Direct Coffee Exports Begin As Production Hits 81,470 Tonnes
Tunisia - 12,000 Visitors Expected At Tunisia'S Coffee Fair October 1-5
Uganda - Global Coffee Prices: November Down $1, January Up $9

World

World - Coffee Prices Surge 20% This Year Amid Rising Demand
World - Starbucks Ceo Brian Nichol Targets 87 Markets For Reinvention Food Service Coffee Market To Reach Us$ 647.05 Billion By 2033 Food Service Coffee Market Size Forecasted To 2033
World - Global Instant Coffee Market Growth Forecast Through 2032

Americas

Argentina - 500 Students With Disabilities Trained Since 2021 In Café Program
Casa Humana Café in Palermo, led by the Fundación Alma Humana, promotes inclusion through its "Baristas con Alma" program. Since 2021, 500 students with disabilities have gained skills in coffee preparation and customer service. The initiative faces challenges due to limited state support but has received national recognition, including the 2023 Mercurio Award for inclusion.(Diario La Prensa)

Brasil - 2025/26 Coffee Harvest Threatened By Drought And High Temperatures Coffee Prices Hit Weekly Highs: Arabica Up 180 Points
The 2025/26 coffee harvest faces threats from drought and high temperatures, leading to smaller grains and reduced profitability for farmers. Meanwhile, on October 10, coffee prices reached weekly highs, with arabica up 180 points to 247.20 cents/lbp, and robusta at $4,897/ton. In Brazil, arabica type 6 rose 4.20% to R$ 1,490.00/sack.(Revista Globo Rural | Notícias Agrícolas)

Brazil - Cafezinho Averages R$ 5.29, Represents 10% Of Meal Cost
A research by Ticket reveals that the average price of cafezinho is R$ 5.29, constituting 10% of the R$ 51.61 average cost of a full meal in 2024. Compared to last year, cafezinho saw a 12.1% increase. Espresso costs R$ 6.51, 64% more than coado at R$ 3.96. Regional prices vary, with the cafezinho's share at 9% in the Center-West and North.(Revista Cafeicultura)

Brazil - Café Vovó Pureza Wins Best Stand Award At Expoacre 2024
Café Vovó Pureza, part of Grupo Ferlim, won the best stand award at ExpoAcre 2024 on September 8, recognizing its creative decor and commitment to quality. The first Acre coffee to receive the ABIC quality seal, it showcased traditional and new products, including an artisanal cappuccino. This award highlights the brand's dedication to Acre's coffee heritage.(Ecos da Notícia)

Brazil - Embrapa Launches Free Five-Hour Pest Management Course
Embrapa Café launched its third online course titled “Manejo Integrado de Pragas e de Nematoides na Cafeicultura,” available for free. Developed with EPAMIG and UFLA, the five-hour course educates participants on pest identification and management. To earn a certificate, participants must score at least 70 points. Completion is recommended within 30 days to enhance learning.(Conexão Safra)

Brazil - "Café Produtor De Água" Program Supports Sustainability Until 2025
The "Café Produtor de Água" program in Monte Carmelo incentivizes environmental practices among rural producers in the Sub Bacia do Córrego Santa Bárbara. Proposals for environmental service rewards can be submitted until December 31, 2025. The program promotes soil conservation, restoration of protected areas, and preservation of native vegetation, supporting both sustainability and local coffee production.(Revista Cafeicultura)

Brazil - Low Humidity Across Brazil; Fires Destroy Coffee Crops
All regions of Brazil are expected to experience low humidity today. Fires in São Paulo are destroying coffee crops. In the U.S., Trump and Kamala will face off in a pivotal debate. Additionally, 86 Lotofácil da Independência bets won R$ 2.3 million each. The Enem response cards will also be released today.(https://jornalfloripa.com.br/)

Brazil - Brazil Faces Low Humidity; São Paulo Fires Devastate Coffee Production
All regions of Brazil are expected to experience low humidity today. Additionally, fires in São Paulo have devastated coffee production.(G1)

Brazil - Cerrado Mineiro Prize Receives Record 547 Coffee Samples
The 12th Prêmio Região do Cerrado Mineiro achieved a record with 547 coffee samples, exceeding last year's 500. Categories included 278 Natural, 78 Cherry Pulped, and 191 Induced Fermentation. Winners will receive R$ 5,500, R$ 3,300, and R$ 2,200. The region produces 6 million sacks annually, representing 25.4% of Minas Gerais' coffee.(Imprensa e Midia | Minuto Rural)

Brazil - Coffee Prices Surge 30% Amid High Volatility In Commodities
The coffee market is rising due to climate concerns in Brazil, with prices surging approximately 30% in New York since the year's start. Drought and fires are driving food inflation to 5.6% in 2024, specifically affecting sugar, oranges, and coffee. The FAO's Food Price Index indicates monthly volatility has tripled since 2006.(Tribuna do Planalto | UOL | Ekonomia.it | R7)

Brazil - Robusta Coffee Price R$ 1,490, Negative Spread R$ -44.89

Robusta coffee prices in Brazil reached R$ 1,490/sack, while arabica was at R$ 1,440/sack, resulting in a negative spread of R$ -44.89/sack, the first since January 2017. Dry weather is delaying soybean and bean planting, affecting coffee prices. Arabica prices rose 160 points to 247.05 cents/lb amid concerns over adverse weather.(Revista Attalea Agronegócios | Revista Globo Rural | Agrolink | Notícias Agrícolas)

Brazil - Brazil Exports Record 3.733 Million Coffee Sacks In August
Brazil's coffee exports reached a record 3.733 million 60 kg sacks in August 2024, generating $955.6 million, a 31% revenue increase. Year-to-date exports totaled 31.892 million sacks, up 39.2%, with revenue at $7.237 billion, a 47.2% rise. Robusta variety exports surged by 212.2%, indicating Brazil's expanding market share despite logistical challenges.(Revista Globo Rural | AGROemDIA | infobae | Notícias Agrícolas | Revista Cafeicultura)

Colombia - 40,000 Jobs Created As Coffee Harvest Season Begins
The coffee harvest season in Santander has created 40,000 jobs and generated over $500 billion for the local economy. Antioquia, producing 15% of Colombia's coffee, contributes 1.7 trillion pesos to GDP. Tolima faces economic impacts from drought and extortion, while Quindío requires 8,000 pickers for its 850,000 arrobas harvest.(Blu Radio | teleantioquia.co | Ecos del Combeima | Caracol Radio | Alerta Tolima)

Colombia - Microlots Contest Features 50 Coffees Auctioned At $55/Pound
The Microlots Contest at Expotolima Corazón Cafetero will showcase 50 top coffee microlots, auctioned on November 3, with last year’s price at $55 per pound. The event, supported by the Tolima government, aims to enhance coffee recognition and boost the local economy, featuring 20 confirmed international buyers. The fair runs from November 1-3 in Planadas, Tolima.(Gobernación del Tolima | TSM Noticias | Tolima Online)

Ecuador - Bracamoros Coffee Fair In Palanda Set For September 14, 2024
On September 14, 2024, Palanda, Ecuador, will host the Bracamoros Coffee Fair, showcasing local coffee, gastronomy, and tourism. The event features a 22km cycling route, coffee competitions, tastings, and a cultural night with Banda La Negra. The fair highlights organic coffee production and supports local growers, with significant community involvement in its organization.(Diario Crónica (Ecuador))

Ecuador - Café Lojano De Origen Uses Advanced Technology For Quality Safety
Café Lojano de Origen utilizes advanced technology to safeguard its products, ensuring quality and safety in its coffee offerings. The company focuses on innovative methods to enhance the preservation and protection of its coffee, catering to consumer demands for high-quality products.(Primicias)

Honduras - Small And Medium Coffee Producers Receive Financial Support
Pequeños y medianos productores de café han recibido el bono cafetalero, un apoyo financiero destinado a fortalecer su producción y mejorar su calidad de vida. Este incentivo busca beneficiar a los agricultores en un contexto de desafíos económicos y climáticos. Las autoridades esperan que este apoyo impulse el sector cafetalero en la región.(La Tribuna.hn)

Mexico - Arabica Coffee Price Rises To 247 Cents Per Pound
The price of Arabica coffee in Mexico has risen to 247.00 cents per pound, opening at 245.90 cents today. The USD/MXN exchange rate is 19.88 Pesos per Dollar. Mexican coffee exports reached a record $41.94 billion in July, increasing 7.8%, despite weak domestic consumption. The coffee market shows a bullish trend, targeting 260 to 274 cents per pound.(Dailyforex)

Mexico - Starbucks Supports 12,000 Mexican Coffee Farmers Since 2014
Starbucks México's "Todos Sembramos Café" program has aided over 12,000 farmers since 2014, donating 4.8 million coffee plants and planning 776,000 more for 2024. Meanwhile, Saderh will open cafés in Hidalgo, supporting local producers of 29,000 tons of coffee. Lastly, Córdoba will host a Veracruz coffee promotion event on September 26, 2024, featuring local producers.(Merca2.0 | El Sol de Hidalgo | H. Ayuntamiento de Córdoba)

Panama - Elida Geisha Coffee Costs R$ 55,943 Per Kilogram
Elida Geisha Natural Torre, a Panamanian coffee, costs an astounding US$ 10,013 (R$ 55,943) per kilogram, symbolizing luxury and exclusivity. Its rarity, meticulous production, and unique sun-drying process enhance its value. Known for floral and citrus notes, this coffee is found at specialty auctions and high-end cafes, making it a rare tasting experience.(Capitalist)

Panama - Panama'S Coffee Plant Supports Families, Preserves Canal Water Resources
The Asociación de Caficultores de las subcuencas de los ríos Cirí Grande y Trinidad has successfully built its own coffee processing plant, which includes selection, roasting, grinding, and packaging facilities. This initiative supports agricultural families in Panama while maintaining the water resource of the Canal.(Voz de América)

Peru - Villa Rica Hosts Iv Coffee Filtering Preliminaries, Finals December 1
Villa Rica hosted the preliminaries for the IV National Coffee Filtering Competition and the III National Latte Art Tournament, showcasing Peru's coffee culture. Finalists Jhon Carlo Meza and Jerry Monteverde Samaniego will compete in Lima's final on December 1, 2024. Upcoming preliminaries will take place in Chiclayo on October 12-13, 2023, at King Coffee Cafetería.(Agraria.pe)

US - New Ceo Niccolò Aims To Enhance Coffee Culture In Us
CEO baru Starbucks, Niccolò, berencana untuk meningkatkan budaya minum kopi di gerai-gerai AS. Inisiatif ini bertujuan untuk memperkuat pengalaman pelanggan dan memperluas penawaran produk, meskipun rincian spesifik tentang strategi yang akan diterapkan belum diumumkan. Perubahan ini diharapkan dapat membawa inovasi dan menarik lebih banyak pelanggan ke dalam gerai.(Daily Barta)

United States - Portland Coffee Chain Seeks $250,000 To Survive
A beloved Portland coffee chain, once a rival to Starbucks, needs $250,000 to survive. Originating from the Eugene Saturday Market, it became known for its pour-over coffees and baked goods. An online fundraiser launched last month aims to secure this amount to prevent the closure of the cafe.(OregonLive)

United States - Café Arábica Prices Rise Amid Climate Issues In New York
Café arábica prices increased in New York, driven by climate-related issues. In contrast, both sugar and cocoa ended the day lower.(Revista Globo Rural)

United States - Hawaii Coffee Franchise Expands With 3-Store Agreement
Hawaii coffee franchise has announced a three-store agreement, expanding its presence. This development highlights the franchise's growth strategy and commitment to increasing its footprint in the market. Further details on locations and timelines were not provided in the announcement.(njbmagazine.com)

United States - Starbucks Ceo Niccol Targets Four Key Areas For Revival
Starbucks' new CEO, Brian Niccol, aims to revitalize the brand by refocusing on core coffee offerings and enhancing customer experience. His strategy includes improving barista conditions, morning service, and operational efficiency in the U.S. while investing in technology. Niccol plans to address international challenges later, emphasizing quality coffee and community engagement to drive growth.(Madison.com | MSN | GeekWire | CNBC | Oficinista | Tulsa World | AOL | Yahoo Finance | NBC Chicago | Axios | Bloomberg)

Asia

Indonesia - Ubaya And Uk Widya Mandala Launch Herbal Dip Coffee Innovation
Tim Dosen Ubaya and UK Widya Mandala Surabaya have developed an innovative herbal dip coffee. This new product aims to combine the benefits of herbal ingredients with the convenience of coffee bags, catering to health-conscious consumers and enhancing the beverage market in the region.(Lenteratoday.com)

Indonesia - Coffee Production In Temanggung Reaches 18,489 Tons In 2020
UMKM plays a vital role in Indonesia's economy, particularly in Temanggung, the largest coffee producer in Central Java, yielding 9,761 tons of Robusta and 8,728 tons of Arabika in 2020. The initiative by UNNES focuses on aiding local coffee UMKM, like Abed Nego Coffee, in obtaining essential micro-business permits to enhance competitiveness and access to broader markets and financing opportunities.(Kompasiana.com)

Indonesia - Robusta Coffee Prices Surge To Rp80,000 Per Kilogram
Robusta coffee prices have surged to Rp80,000 per kilogram in Central Java, up from Rp40,000 in 2023, driven by high demand and declining production in Brazil and Vietnam. Production has dropped to 1.2 tons from 2.2 tons per 3,300 square meters due to drought. Farmers in OKU Selatan are also benefiting from high prices, reaching Rp70,000 per kilogram.(mediaindonesia.com | Tribun Jateng | Tribun Sumsel)

Indonesia - Fore Coffee Achieves 45X Ad Spend Return, 4.9M Impressions
Fore Coffee has enhanced its youth market presence through digital platforms and partnerships, notably with GrabAds, achieving a 45x return on ad spend and 4.9 million impressions in one month. This collaboration also aims to boost visibility for franchise opportunities, promoting local coffee culture and expanding their reach in Southeast Asia.(Bisnistoday | Franchiseglobal)

Indonesia - Insufficient Training Limits Coffee Growth In Central Java
Insufficient training hampers coffee business growth in Central Java, highlighting the need for comprehensive support and strategies. Meanwhile, baristas in Jepara are being trained to improve their skills to promote local tourism and coffee potential, aiming to enhance quality and attract visitors, thereby boosting the local economy through coffee culture.(Pemerintah Provinsi Jawa Tengah | RMOL Jawa Tengah)

Indonesia - Coffee Prices Steady At Rp 70,000 Per Kilogram
Coffee prices in Indonesia have shown volatility, with current rates ranging from Rp 60,000 to Rp 70,000 per kilogram after a previous drop to Rp 45,000. Recent stabilization occurred between Rp 63,000 and Rp 65,000 due to global weather impacts. Additionally, Pemkot Parepare has launched a low-cost coffee market to help control inflation and support local consumers.(Info Sumsel | Radar Kepahiang | Zonakata.com)

Japan - Atomo Coffee Launches In Japan, Reduces Co2 Emissions By 83%
ATOMO COFFEE, a sustainable espresso powder made without coffee beans, has launched in Japan as of August 27, 2023. Developed in Seattle, it reduces CO2 emissions by 83% and land use by 70% compared to traditional coffee. Available at ash zero waste cafe & bar in Tokyo, prices range from 530 to 670 yen for drinks.(ELEMINIST)

Malaysia - Zus Coffee Secures Rm250 Million For Global Expansion
ZUS Coffee has secured RM250 million in investment from KV Asia Capital, KWAP, and Kapal Api Group for global expansion. Operating 600 stores, including 50 in the Philippines, ZUS plans to enter Singapore and Brunei by late 2024 and aims to expand into fast-moving consumer goods by 2025. The funding will also enhance domestic presence and job creation.(Head Topics | World Coffee Portal | The Star Online | SAYS | BERNAMA)

Malaysia - Top Malaysian Coffee Chain Secures Funding From Kv Asia
Top Malaysian coffee chain receives funding from buyout firm KV Asia, enhancing its financial backing for future growth and expansion.(The Malaysian Reserve)

Thailand - Chiang Rai Targets Asean Coffee Hub And Tourism Growth
Chiang Rai is being targeted by the Tourism Authority of Thailand as a key travel destination and coffee hub in the ASEAN region. The initiative aims to enhance tourism infrastructure and promote local coffee production to attract more visitors, ultimately boosting the local economy and fostering sustainable growth in the area.(LINE TODAY Thailand | ประชาชาติธุรกิจ)

Turkey - Coffee Prices Surge Amid Inflation Crisis
Due to rising inflation and economic fluctuations, there have been significant price increases across various products and services in the country, including coffee, which has seen its prices soar.(Aydın Ses Gazetesi)

Turkey - Coffee Prices Set To Rise By 40% Starting October 1
Coffee prices are set to increase by 40% starting October 1, affecting consumers and coffee chains alike. This surge is due to global price rises, supply chain issues, difficulties in importing beans from Africa, extreme weather, and EU regulations. Consumers may need to adjust their budgets and change their coffee consumption habits.(Aydın Hedef Gazetesi | Eskişehir.Net | Kocaeli Denge)

Vietnam - Youth Collaborates On 100 Hectares Of Organic Coffee
A youth from Dalat collaborates with farmer Bui Suan Tan to cultivate 100 hectares of organic coffee. After facing initial challenges, Tan transitioned to organic farming, utilizing 29 hectares for coffee production. His efforts led to exports to South Korea, Japan, and the U.S., with plans to expand exports to Canada, Italy, and Australia by 2024.(vietnam.vn)

Vietnam - Coffee Prices Surge 40% To $4,667 Per Ton
Coffee prices have surged significantly, with Robusta reaching $4,667 per ton and overall coffee bean prices hitting $5,000 per ton. This surge is driven by inflation, supply chain issues in Vietnam, and adverse weather in Brazil. The price increase for coffee will take effect on October 1, 2024, following an 18% rise in tea prices.(Haber32 | 日本経済新聞)

Europe

Austria - Nespresso Launches 82% Paper Pulp Compostable Capsules In Austria
Nespresso has introduced home compostable coffee capsules made of 82% paper pulp in Austria, launching on September 16, 2024. These capsules, compatible with Nespresso machines, are certified "OK Compost HOME" and will feature six coffee varieties. They decompose within months in home compost, reinforcing Nespresso's commitment to sustainability and eco-friendly coffee consumption.(Leadersnet.at | WIRTSCHAFTSZEIT)

Belgium - Nespresso Launches Eco-Friendly Capsules After Three Years Of Research
Nespresso has launched new paper capsules compatible with coffee machines, allowing users to compost them at home. This follows three years of research and aims to enhance sustainability, as 44% of Belgians already compost. The capsules also remain recyclable in aluminum. A patented technology is claimed to preserve flavors until extraction, pending consumer taste tests.(L'Officiel Belgium)

France - Bacha Coffee Opens €20M Outlet On Champs-Élysées In 2024
Bacha Coffee will open a €20m ($22m) flagship outlet on Paris' Champs-Élysées in Q4 2024, marking its expansion into Europe after strong growth in Asia and the Middle East. The 16,000 sq ft store will include a café and retail space. Bacha Coffee's revenues reached $95.5m in 2023, with plans for further international openings.(World Coffee Portal)

Germany - Second International Coffee Convention Set For October 17-18
The second International Coffee Convention will be held in Mannheim, Germany, on October 17-18, focusing on the theme “Coffee in Transition.” Keynote speaker Vanusia Nogueira will address various industry topics, including sustainability, coffee fermentation, and health claims. The event will feature rare tastings and the “Kaldi Awards” honoring achievements in coffee cultivation and preparation.(Daily Coffee News)

Italy - Caffè Milani Launches Italy'S First Sustainable Barista Course
Caffè Milani has launched Italy's first sustainability-focused barista course, "Barista Sostenibile," starting October 7 in Lipomo. The one-day course covers sustainable practices, menu creation, and effective communication strategies. With 62% of consumers prioritizing sustainability in purchases, the course aligns with the UN's Agenda 2030 goals, promoting responsible consumption and quality education in the hospitality sector.(Food Affairs)

Italy - Seventeen Coffee Types Tested, 102 Sensory Responses Collected
On September 9, the Associazione Maestri dell’Espresso Napoletano hosted a coffee event near Vesuvius, focusing on single-serve coffee quality. Seventeen coffee types were tested using six different machines, yielding 102 sensory responses. The top performers included “La Piccola” machine and notable coffees like Lucaffè's “Pulcinella.” The event aimed to enhance coffee culture among consumers.(Horeca News)

Italy - Illy'S University Of Coffee Trains 350,000 In 25 Years
Illy's University of Coffee celebrates its 25th anniversary, having trained 350,000 individuals globally. The company aims for carbon neutrality by 2033, with €289.1 million in revenue, a 3.8% increase in early 2024. It promotes sustainability through innovative education, with 50 instructors in 23 countries, emphasizing quality and regenerative practices in the coffee industry.(Agenzia ANSA | Adnkronos | Bargiornale)

Poland - Autumn Price Hikes: Coffee Up, Wheat Down 117 Million Tons
Poles will face rising prices this autumn for various products, including coffee, butter, and seasonal fruits and vegetables. Wheat prices are expected to increase due to lower EU harvests of approximately 117 million tons. Coffee prices are at record highs due to poor Brazilian crops, while olive oil prices are also rising due to drought in producing countries.(PolskieRadio24.pl)

United Kingdom - Iced Coffee Sales Surge To £279M With Jimmy'S Offerings
Iced coffee sales are booming, with the RTD coffee category valued at £279m. Jimmy’s Iced Coffee offers diverse flavors and Price Mark Packs to attract consumers. The recent 250ml PMP format, priced at £1.39, is aimed at convenience retailers. Effective POS displays and chilled offerings can enhance sales, particularly during breakfast and afternoon hours.(Scottish Grocer and Convenience Retailer)

Africa

Burundi - Burundi Direct Coffee Exports Begin As Production Hits 81,470 Tonnes
Burundi has signed agreements to enable direct coffee exports, addressing producers' concerns over low incomes. The first memorandum, signed on August 31, 2024, allows exports to the U.S., while a second on September 3 opens the Chinese market. Despite these efforts, coffee production is down to 81,470 tonnes, only 70.4% of the target, due to adverse weather.(Iwacu)

Tunisia - 12,000 Visitors Expected At Tunisia'S Coffee Fair October 1-5
The second edition of the International Fair of Coffee, Pastry, Bakery, and Gelateria will occur from October 1-5, 2024, at Kram Exhibition Park, expecting 12,000 visitors. This event aims to enhance industry collaboration, promote coffee culture, and connect producers with consumers, while showcasing innovative products and techniques amid local coffee product rarity.(Webmanagercenter | Realites Online)

Uganda - Global Coffee Prices: November Down $1, January Up $9
Global coffee prices are fluctuating as buyers remain cautious due to market uncertainties. At LIFFE, November coffee closed at $4,911 per ton, down $1, while January rose to $4,684, up $9. In New York, Arabica futures saw minor gains. Uganda's coffee market thrived, with Robusta Screen 15 selling at $2.50 per pound. Weather events may increase price volatility.(New Vision)

World

World - Coffee Prices Surge 20% This Year Amid Rising Demand
Global coffee prices are experiencing volatility due to weather events such as droughts and heavy rains, impacting crop yields. Prices rose by 0.48% to 248.30 cents/lb for arabica on October 10, while robusta reached $4,913/ton. Additionally, coffee futures increased by 7.66% to $246.80 in 21 sessions, driven by rising demand and declining production.(Barchart | PDG Espanol | Notícias Agrícolas | Boursorama | Via News Agency)

World - Starbucks Ceo Brian Nichol Targets 87 Markets For Reinvention Food Service Coffee Market To Reach Us$ 647.05 Billion By 2033 Food Service Coffee Market Size Forecasted To 2033
Brian Nichol, Starbucks' CEO, aims to revitalize the brand in 87 markets by enhancing store experiences and barista empowerment. Meanwhile, the global food service coffee market, valued at US$ 437.12 billion in 2023, is expected to grow to US$ 647.05 billion by 2033, driven by youth consumption and specialty coffee popularity.(Markíza - MojCasopis.sk | Future Market Insights | Cauverynews)

World - Global Instant Coffee Market Growth Forecast Through 2032
The global instant coffee market is set for growth through 2032, analyzing supply-demand scenarios and key players like nestle. The coffee concentrate market, driven by nestlé and starbucks, will also see growth until 2031. The food service coffee market will reach us$ 647.05 billion by 2033, while the coffee roaster market will grow to usd 2.41 billion by 2032.Cauverynews | ㈱ムービーバンク | ㈱ムービーバンク | Future Market Insights | Blogsasuna.com | WhaTech)