Coffe News - 15 Sep 2024

Brasil - Coffee Prices Rise 35% Amid Frost, Drought, Crop Failures
Brazil - Fire Destroys 300,000 Coffee Plants, Futures Rise 4%
Brazil - Brazil Coffee Exports Rise 12% To 7.52 Million Bags
Brazil - Brazil'S 2024 Coffee Production Drops 1.6% To 59.7M
Brazil - Coffee Prices Surge 35% In Four Months, Exceed R$ 20
Brazil - Brazilian Farmers Affected By Wildfires Get R$ 7.6 Billion Credit
Brazil - Coffee Prices Rise 12% To R$ 5.29 In 2024
Brazil - Porto De São Sebastião Resumes Coffee Transportation After 60 Years
Brazil - Coffee Prices May Hit 300 Cents/Lb Amid Drought Concerns
Brazil - Cna Reports 10% Coffee Productivity Drop Amid Rising Costs
Brazil - Coffee Prices Surge: Arabica Hits 258.85 Cents, Robusta $5,242
Brazil - Brazilian Coffee Market Affected By Climate Issues Impacting Supply
Brazil - Espírito Santo Exports 749,000 Coffee Sacks In August
Canada - Bettermoo(D) Secures Orders In $18.23B North American Coffee Market
Colombia - 122 Families Invest $2 Billion For 16.4 Million Kilos Coffee
Colombia - International Coffee Fair Generates 6 Billion Pesos, Auction November 3
Colombia - La Niña Could Cause $20 Trillion Losses, Impact 3.4 Million Hect
Colombia - Coffee Highlights: Joe Coffee, Juan Valdez 25%, D’Origenn Launches
Costa Rica - Costa Rica Ranks Sixth In Latin America For Starbucks Coffee
Costa Rica - Ucr System Converts 1 Ton Of Coffee Waste Into 54M³ Biogas
Cuba - Granma Aims For 703.8 Tons Of Coffee Harvest
Cuba - Guantánamo Coffee Production Declines By 63 Tons This Year
Ecuador - Coffee Waste Strengthens Concrete By Up To 30%
Guatemala - Starbucks Partners With Wakami To Boost Sustainability In Guatemala
Guatemala - Tully'S Launches Gold Winning Coffee Beans From 2024 Contest
Honduras - Honduras Coffee Exports Forecasted At 4.95 Million Sacks
Honduras - Honduras To Host International Coffee Council Meeting In September 2025
Jamaica - Munn Seeks More Jamaican Coffee Beans For $4.6 Million Us Market
Mexico - Coffee From 539 Families Supports Inclusion And Sustainability Efforts
Mexico - Over 200 Schools Promote Veracruz Coffee Consumption Event
México - Olga Café Struggles To Survive Amid Violence In Culiacán
Nicaragua - Three Nicaraguan Coffee Companies Nominated For Global Award
Panama - 450 Families Engage In Sustainable Coffee Farming For Panama Canal
Peru - S/ 179,000 Boosts Coffee Innovation For 24 Producers, S/2.04
U.S. and Canada - New Coffee Brands Challenge Starbucks Across U.S. And Canada
USA - Coffee Holding Co. Reports $18.81M Q3 Revenue, $0.63M Profit
USA - Starbucks Ceo Aims To Boost Sales As Robusta Hits $5,077/Tonne
United States - Chapman University Hosts $5.45 Billion Rtd Coffee Workshop
United States - Starbucks Shares Surge 24%, Adding $20 Billion Market Cap
United States - Mad Catter Coffee Opens 1,800-Square-Foot Space, Florence Roasts 2
United States - Red Bay Coffee Roasters Files For Chapter 11 With $3.3M Liabilities
United States - Keurig Settles $1.5M Sec Charges Over Inaccurate Recycling Claims
Venezuela - Maduro: Agreements With Coffee Sector To Boost Industry Growth

China - Yunnan University Launches First Coffee Major With Enrollment
India - India'S Coffee Market To Hit $1.23 Billion By 2032
India - Karnataka Farmer Earns Rs 20-30 Lakh; Indian Coffee Festival 2024
Indonesia - Politeknik Hasnur Launches Coffee Course, 794,500 Tons Production
Indonesia - Coffee Events Highlighting Producers And Festivals In 2024
Indonesia - Coffee Production Drops To 200 Kg Amid Rising Rp80,000 Prices
Indonesia - Coffee Market Growth: Idr 11.98 Billion Export Achievement
Indonesia - Washington Trade Office Promotes Indonesian Coffee With "Legacy Of Java"
Indonesia - Widia Ningsih Aims To Boost Coffee Prices With Factory
Indonesia - Robusta Coffee Farmers In Banjarnegara Implement Organic Practices
Indonesia - Farmers Plant 1,000 Coffee Trees, Prices Range Rp. 20,000-50,000
Indonesia - Coffee Processing Training Held September 11, 2024, In Sigi
Indonesia - Disbunnak Kalbar Introduces Liberica And Robusta At Bunex 2024
Indonesia - Coffee Farmers Sort Beans Daily For Optimal Quality
Indonesia - Innovations In Liberica And Robusta Coffee At Bunex 2024
Indonesia - Coffee Price In Kepahiang Stays Stable At Rp65,000 Per Kilo
Indonesia - Mulyoarjo Offers Unique Arabica And Robusta Coffee Varieties
Indonesia - Ub Team Trains Coffee Farmers On 40 Hectares In Malang
Indonesia - Unida Bogor Trains Bumdes Managers In Local Coffee Marketing
Indonesia - Coffee Priced At Rp 5.3 Million Shocks Jakarta Netizens
Indonesia - Pali'S Unique Robusta Coffee Blend Gains Popularity Among Enthusiasts
Japan - Helsieni Cultivates Mushrooms Using 30 Cups Of Coffee Grounds
Japan - "Coffee Cultures United Event Set For November 5, 2024"
Philippines - Mcdonald'S Philippines Launches New Iced Coffee Campaign Amid 80% Consumption
Thailand - U Cup Coffee Expands Ecc Area, Monthly Sales Reach 3 Million Baht
Thailand - Five-Star Hotels And Coffee Shops Flooded, Significant Damage Reported
Thailand - Icon Siam Sales Double At Craft Coffee Expo 2024
Thailand - Tham Sing Community Transforms To Profitable Coffee, Lanna Rajabhat Visits
Vietnam - Vietnam Coffee Prices Rise Slightly To $4.93-$4.95 Per Kg
Vietnam - Coffee Prices Surge: Robusta Nears $5,190, Arabica Hits $5,800
Vietnam - Coffee Prices Hit Historic Highs: £5 In London, $7 New York

Austria - Austria'S Coffee Consumption Averages Three Cups Per Day
EU - Coffee Prices Up 4% And 3%; Sunflower Seeds Rise 14%
France - 7,900 Visitors Attend 2024 Sirha Omnivore And Paris Coffee Show
France - Bacha Coffee Plans €20 Million Store On Champs-Élysées By 2024
Germany - Reinholz Coffee Festival Attracts Many Visitors In Bronnzell
Germany - Eu Deforestation Regulation Faces Opposition From Germany And Others
Italia - Coffee Prices Surge, Italians Frightened And In Panic
Italia - Illy'S University Of Coffee Celebrates 25 Years, Trains 350,000
Italy - Cappuccino Prices Rise 24% In Bolzano To €2.18
Italy - Italian Espresso Prices May Rise 66% To €2 Per Cup
Italy - Soaring Coffee Prices Cause Panic With Increases Up To 20 Cents
Portugal - Food Basket Jumps €2.49: Fresh Hake Up 24%
Spain - Café & Té Acquires Julieta Coffee, Plans 22 Locations By 2024
Spain - Grupo Nabeiro-Delta Cafés Expands Tetley Tea Distribution To Spain
UK - Coffee Prices To Exceed £5 As Exports Drop 50%
UK - Costa Coffee Launches Coffee Pod Recycling Trial In 142 Stores
United Kingdom - Coffee Prices Rise Again In London And New York Markets

Angola - Uíge Coffee Growers Trained In Production And Harvesting Techniques
Burundi - China Authorizes Coffee Bean Imports From Burundi
Ethiopia - Ethiopia Achieves Record $196M Coffee Exports In August 2024
Ethiopia - Ethiopia Showcases Coffee Culture At Ciftis With 80 Countries
Ethiopia - Ethiopia: World'S Poorest Yet Produces Top Quality Coffee
Ghana - Ghana Targets $100 Million Coffee Production Growth With 100,000 Acres
Ivory Coast - Cocoa Prices Up 82.78% Year-To-Date Amid Production Issues
Kenya - Margaret Nyamumbo'S Coffee Business Generates Over €2.7 Million
Uganda - Surge In Coffee Prices Boosts Uganda Production To 6.3 Million Bags

World - Arabica Coffee Production Could Drop 80% By 2050
World - Freshly Brewed Coffee Market Sees Growth With Starbucks, Costa Coffee
World - Alternative Coffee Startups Aim For Sustainability Amid Deforestation Concerns
World - Global Coffee Production Hits 10 Million Tons; Prices Surge
World - Medium Roasted Coffee Market Hits $9.5 Billion, Global Market $127 Billion
World - Coffee Futures Rise 7.72% To $253.25 Amid Global Concerns
World - Coffee Company Bankruptcy Amid Starbucks Revival Efforts After Declines

Brasil - Coffee Prices Rise 35% Amid Frost, Drought, Crop Failures
Coffee prices are rising due to historical highs in unroasted bean prices, climate change, and crop failures, particularly from frost in Brazil and drought in Vietnam. A 35% increase has prompted drug traffickers to switch from cocaine to coffee, with higher profits from espresso and cappuccino. The Brazilian spring harvest will be crucial for future stability.(Periódico HOY | iMaranhense)

Brazil - Fire Destroys 300,000 Coffee Plants, Futures Rise 4%
A fire destroyed 300,000 coffee plants in São Paulo, impacting the coffee industry severely. Wildfires are causing irreversible damage, delaying the next harvest to 2027. Arabica coffee futures rose 4% to $2.5945 per pound due to crop failure concerns from ongoing dryness and high temperatures, with potential impacts from fires in Minas Gerais.(G1 | Módulo FM - Notícias de Patrocinio MG e Região - Notícias Policiais | Locais | e Muito Mais! | O Segredo)

Brazil - Brazil Coffee Exports Rise 12% To 7.52 Million Bags
Brazil's coffee exports increased by 12% in the first two months of the 24/25 season, totaling 7.52 million bags. In 2024, exports to the EU reached a record 2.3 million sacks, up from 316.6 thousand in 2023, boosting revenue from $57.9 million to $442.7 million. Brazil exported 31.8 million sacks in 2024, earning R$ 41 billion.(Safras & Mercado | Folha Vitória | Safras & Mercado | portal mato grosso)

Brazil - Brazil'S 2024 Coffee Production Drops 1.6% To 59.7M
Brazil's coffee production for 2024 is estimated at 59.7 million 60-kg sacks, down 1.6% from last month but up 4.8% from 2023. Arabica production is 42 million sacks, increasing by 6.5% year-on-year, while Robusta is 17.7 million sacks, down 4.4%. Drought conditions are affecting overall grain harvest, projected to decline by 6%.(maisfm.com | Metro 1 | Diário do Comércio | O Segredo | noticiasdaspraias.com | FoodNavigator.com | Forbes Brasil)

Brazil - Coffee Prices Surge 35% In Four Months, Exceed R$ 20
Coffee prices in Brazil have surged 35% in four months, with the price per kilogram rising from R$ 29.18 to R$ 39.63. This trend is expected to continue until at least April 2025 due to adverse weather conditions and restricted supply. Experts predict an additional 10% to 15% increase in the next 60 days.(O Antagonista | Itatiaia | Folha do ES | Seu Crédito Digital | José Linhares Jr | SeteLagoas.com.br | Robsonpiresxerife | Raizes FM | Dünya Gazetesi)

Brazil - Brazilian Farmers Affected By Wildfires Get R$ 7.6 Billion Credit
Brazilian farmers affected by wildfires this year will have access to credit from the Safra Plan 24/25 to finance recovery efforts. Announced by Agriculture Minister Carlos Fávaro, the RenovAgro program has a total budget of R$ 7.6 billion, with R$ 1.2 billion already contracted. The remaining R$ 6.5 billion will support recovery in degraded agricultural areas.(Plantao dos Lagos)

Brazil - Coffee Prices Rise 12% To R$ 5.29 In 2024
Coffee outside the home has increased by 12% in 2024 compared to 2023, averaging R$ 5.29. The average price for a full lunch is R$ 51.61. In the South region, coffee averages R$ 4.92. Espresso prices have risen by 64% to R$ 6.51, while filtered coffee costs R$ 3.96.(BANDNEWS CURITIBA)

Brazil - Porto De São Sebastião Resumes Coffee Transportation After 60 Years
Porto de São Sebastião has resumed coffee transportation after 60 years. This significant development is expected to enhance logistics and trade in the region, improving access to coffee markets. The return of this service marks a new chapter for local producers and the economy.(CBN Vale do Paraíba)

Brazil - Coffee Prices May Hit 300 Cents/Lb Amid Drought Concerns
The coffee market is experiencing significant volatility, with analysts predicting NY prices may reach 300 cents/lb soon. The Dec-24 contract closed at 259.45 cents/lb, while robusta coffee is trading above R$1,500/sack. Ongoing droughts threaten the 25/26 harvest, with production deficits projected at 10-23 million sacks. Brazil exported 3.73 million sacks in August and expects over 4 million in September.(Revista Attalea Agronegócios)

Brazil - Cna Reports 10% Coffee Productivity Drop Amid Rising Costs
The Brazilian Confederation of Agriculture and Livestock (CNA) conducted its final coffee production cost survey for 2024 on September 11. The panel focused on organic Arabica coffee in Poço Fundo (MG), reporting an 18 sacks/ha yield and a 10% productivity drop due to drought. Effective Operational Costs (COE) rose 7.2%, driven by a 28.1% labor cost increase, leading to negative profit margins for producers.(Confederação da Agricultura e Pecuária do Brasil (CNA))


Brazil - Coffee Prices Surge: Arabica Hits 258.85 Cents, Robusta $5,242
Coffee prices are rising due to severe drought and low humidity in Brazil. Arabica prices in New York reached 258.85 cents/lbp for Dec/24, while robusta increased to $5,242/ton for Nov/24. Robust coffee stocks fell to 1,001,667 bags in September. The likelihood of a weak La Niña event is at 71%, impacting 2025 crop productivity.(Notícias Agrícolas)

Brazil - Brazilian Coffee Market Affected By Climate Issues Impacting Supply
The Brazilian physical coffee market is currently influenced by the country's climatic issues, impacting supply and trade dynamics.(Notícias Agrícolas)

Brazil - Espírito Santo Exports 749,000 Coffee Sacks In August
In August, Espírito Santo exported 749,000 sacks of coffee, a 15.65% increase from 2023, with conilon making up 91.6% of this. From January to August, exports totaled 5.5 million sacks, generating $1.089 billion. Logistic bottlenecks hindered the export of 1 million sacks, with forecasts suggesting up to 1.5 million by year-end.(Folha Vitória)

Colombia - 122 Families Invest $2 Billion For 16.4 Million Kilos Coffee
One hundred twenty-two coffee-growing families in Valle will enhance competitiveness with a $2 billion investment in agricultural tools. The Coffee Harvest Plan 2024-2025, launched by the National Federation of Coffee Growers, aims to increase production by 16.4 million kilos with a budget of 260 billion pesos, while Santander ensures safety in 74 municipalities during the harvest.(Noticias NVC | W Radio | Alerta Santanderes | El Informador - Santa Marta)

Colombia - International Coffee Fair Generates 6 Billion Pesos, Auction November 3
The fourth International Coffee, Cacao, and Agrotourism Fair in Neiva, Huila, aims to generate over 6 billion pesos and attract 40,000 visitors, featuring 130 coffee growers from 15 countries. The event includes championships, tastings, and anticipates 350 million pesos in sales for local entrepreneurs, with Switzerland as a guest country. An auction for the Microlot Contest is set for November 3 in Planadas, Tolima.(Blu Radio | Gobernación del Tolima)

Colombia - La Niña Could Cause $20 Trillion Losses, Impact 3.4 Million Hect
La Niña is projected to impact Colombia's agriculture in the second half of 2024, with a 71% chance of increased rainfall exceeding 10% above historical averages. This may affect 3.4 million hectares and crops like coffee and sugarcane, potentially leading to losses of $20 trillion across the Andean and Pacific regions.(Valora Analitik | Yahoo Finanzas)

Colombia - Coffee Highlights: Joe Coffee, Juan Valdez 25%, D’Origenn Launches
Joe Coffee recommends Colombia La Familia Guarnizo from the Atlas Collection, a bright, light-bodied coffee with stone fruit and almond notes. Juan Valdez aims for 25% of the North American coffee market through a partnership with Green Coffee Company, debuting at Wrigley Field on September 8. D’Origenn launches 100% Colombian coffee in Tiendas Ara to promote local products.(Sprudge | Las2orillas | América Retail)

Costa Rica - Costa Rica Ranks Sixth In Latin America For Starbucks Coffee
Costa Rica ranks as the sixth most expensive country in Latin America for Starbucks coffee, with an average price of $4.22 for a Tall Latte. Chile tops the list at $4.95, followed by Panama and Argentina at $4.70 and $4.67, respectively. Brazil offers the cheapest at $1.96, while globally, Switzerland has the highest price at $7.17.(Periódico La República (Costa Rica))

Costa Rica - Ucr System Converts 1 Ton Of Coffee Waste Into 54M³ Biogas
The University of Costa Rica has developed a system to recycle coffee waste into energy and nutrients. Producing 2.3 kg of ground coffee generates 100 kg of fruit waste, leading to environmental issues. The prototype can process one ton of waste daily, generating 54 cubic meters of biogas. The project seeks to scale up to process 500 tons daily, needing $1 million in investment.(El Mundo CR)

Cuba - Granma Aims For 703.8 Tons Of Coffee Harvest
In Granma province, the coffee harvest, starting this September, aims to collect approximately 703.8 tons for the 2024-2025 season, with 475.4 tons of robusta and 228.4 tons of arabica. Agroforestry companies Batalla de Guisa and Ataque a Bueycito project increases of 17% and 4%, respectively. Currently, 217 hectares are being planted, though only 74% of planting commitments were met by August.(CNC TV Granma)

Cuba - Guantánamo Coffee Production Declines By 63 Tons This Year
Coffee production in Guantánamo is expected to decline by 63 tons this year, totaling 1,172 tons, with 606 tons of arabica and 566 tons of robusta. The most significant drop is in Maisí, down 228 tons (43%). Challenges include shortages of essential supplies, while labor support and availability of sacks are positive aspects.(DIARIO DE CUBA | Trabajadores de Cuba)

Ecuador - Coffee Waste Strengthens Concrete By Up To 30%
Researchers have discovered that coffee waste can enhance the construction industry by creating a biocarbon that strengthens concrete by up to 30%. The process involves heating coffee grounds to over 350 °C in a low-oxygen environment, producing a porous carbon that bonds with cement. This innovative approach aims to reduce organic waste and preserve natural resources like sand.(El Universo)

Guatemala - Starbucks Partners With Wakami To Boost Sustainability In Guatemala
Starbucks is enhancing its sustainability efforts in Guatemala through a partnership with Wakami, aimed at empowering rural women by promoting sustainable practices and economic opportunities. Customers can purchase handmade Wakami bracelets in Starbucks stores, directly supporting local artisans. This collaboration emphasizes gender equality and economic growth, allowing women to become agents of change in their communities.(Revista Summa)

Guatemala - Tully'S Launches Gold Winning Coffee Beans From 2024 Contest
Tully's Coffee has begun selling coffee beans that won gold at the 2024 Guatemala Cupping Contest. Five varieties are available, with two launched on September 11 and three more on September 25. The beans, priced at 1,395 yen for 200g and 950 yen for a pack of four single serves, highlight unique flavors from 21 participating cooperatives.(Excite Bit コネタ)

Honduras - Honduras Coffee Exports Forecasted At 4.95 Million Sacks
The Honduran Coffee Exporters Association (Adecafeh) forecasts 4.95 million 60-kilogram sacks for the 2024-2025 coffee season, an 8% increase from 2023-2024. Current exports stand at 4.58 million sacks, with a projected total of 4.8 million. Coffee contributed $1,191.6 million to the economy, nearing a $1,250-$1,300 million target.(ElHeraldo.hn)

Honduras - Honduras To Host International Coffee Council Meeting In September 2025
Honduras will host the annual meeting of the International Coffee Council in September 2025.(Noticias 247 HN)

Jamaica - Munn Seeks More Jamaican Coffee Beans For $4.6 Million Us Market
Edgar Munn, from Blue Mountain Coffee Inc, plans to secure more Jamaican coffee beans for the US market, which is the second-largest for Jamaican coffee. In 2023, Jamaica exported $27 million in coffee, with the US accounting for $4.6 million. Munn's sales have doubled since 2019, despite global coffee export declines.(Jamaica Gleaner)

Mexico - Coffee From 539 Families Supports Inclusion And Sustainability Efforts
Filantrópico sells coffee grown by 539 Mexican families at risk of social exclusion, with 45% being women. The coffee is distributed by individuals with intellectual disabilities. The project, launched in 2022, emphasizes sustainability and community support. They aim to expand their inclusive cafes and product offerings, currently serving 60 companies in Madrid and Barcelona.(El Mercantil)

Mexico - Over 200 Schools Promote Veracruz Coffee Consumption Event
The "Jornada de Fomento al Consumo de Café de Veracruz" was inaugurated in Tuxpan, promoting local coffee consumption. Over 200 schools for coffee producers in Veracruz implement agroecological practices. The event aims to connect producers directly with buyers, enhancing their benefits. The exhibition will remain open until 6:00 PM, encouraging public attendance and support for Veracruz-grown coffee.(El Diario de Tuxpan)

México - Olga Café Struggles To Survive Amid Violence In Culiacán
Olga Café in Culiacán is struggling to survive amid ongoing violence in the area. The café faces challenges due to the unstable environment, impacting its operations and customer base. The situation highlights the broader implications of violence on local businesses and their efforts to maintain stability in a turbulent region.(Revista ESPEJO)

Nicaragua - Three Nicaraguan Coffee Companies Nominated For Global Award
Three Nicaraguan coffee companies have been nominated for a global award, highlighting the quality and recognition of Nicaraguan coffee on an international stage.(Radio La Primerísima)

Panama - 450 Families Engage In Sustainable Coffee Farming For Panama Canal
Majín Gómez, an octogenarian coffee farmer, highlights efforts to protect water resources for the Panama Canal, which facilitates 5% of global trade. Over 450 families participate in sustainable agriculture, transforming their coffee into profitable eco-friendly businesses. Recent initiatives have improved 4,500 hectares, benefitting 60,800 people, while the canal remains vital amid climate challenges.(Voz de América)

Peru - S/ 179,000 Boosts Coffee Innovation For 24 Producers, S/2.04
El Abuelo Valdizano microenterprise in Huánuco, Peru, received S/ 179,000 to innovate coffee fermentation, employing 24 elderly producers and achieving a coffee quality rating of up to 88 points, nearly tripling sales since 2022. Meanwhile, the Patahuasi Coffee Association sold 144 tons, generating S/2.04 million for 71 families, improving skills, and expanding market presence.(Gobierno del Perú | Gobierno del Perú)

U.S. and Canada - New Coffee Brands Challenge Starbucks Across U.S. And Canada
The article focuses on the emergence of new coffee brands challenging Starbucks across various states and regions in the U.S. and Canada. These upstarts aim to capture market share by offering unique products and experiences, intensifying competition in the coffee industry.(myheraldreview.com)

USA - Coffee Holding Co. Reports $18.81M Q3 Revenue, $0.63M Profit
Coffee Holding Co., Inc. reported third-quarter revenue of $18.81 million, up from $15.76 million last year, with a net profit of $0.63 million compared to a net loss of $0.11 million. For the first nine months, revenue reached $57.35 million, and net profit was $0.96 million, improving from a $1 million loss last year.(Marketscreener CH)

USA - Starbucks Ceo Aims To Boost Sales As Robusta Hits $5,077/Tonne
The SCA's US Chapter announced dates for the 2025 US Coffee Championships, crucial for industry competition. Starbucks' new CEO aims to simplify operations to boost sales in key markets like the US and China. Meanwhile, ICE robusta futures hit a record high at $5,077/tonne, and Brazil's coffee exports reached 3.7 million bags in August.(Perfect Daily Grind)

United States - Chapman University Hosts $5.45 Billion Rtd Coffee Workshop
Chapman University will host a $5.45 billion ready-to-drink coffee workshop on January 22-23, 2025, covering trends and techniques. Registration fees are $600 for general attendees, $300 for academics, and $75 for students. Meanwhile, the USDA's update shows slight U.S. grain production adjustments, with Brazil facing heat and drought, raising coffee price concerns.(Daily Coffee News | Notícias Agrícolas)

United States - Starbucks Shares Surge 24%, Adding $20 Billion Market Cap
Starbucks shares surged 24% following the appointment of new CEO Brian Niccol, adding $20 billion to the market cap. Niccol's previous success at Chipotle and communication of his vision through an open letter have positively influenced investor sentiment. The current share price stands at $98.57, with a P/E ratio of 27.5 and a market cap of $112 billion.(The Motley Fool | sharewise)

United States - Mad Catter Coffee Opens 1,800-Square-Foot Space, Florence Roasts 2
Mad Catter Coffee Roasters opened a 1,800-square-foot location at Bridgeworks Enterprise Center in Allentown, supported by Rising Tide Community Loan Fund. The Southeast Indiana Coffee Trail features 21 shops across seven counties, running until December 2025. Florence Coffee opened a new store in Butte, roasting 2,500 pounds of coffee weekly, enhancing distribution along I-90 and I-15.(LehighValleyNews.com | The Republic | KXLF News)

United States - Red Bay Coffee Roasters Files For Chapter 11 With $3.3M Liabilities
Red Bay Coffee Roasters has filed for Chapter 11 Bankruptcy amid ongoing lawsuits. Founded in 2014, the Oakland-based chain reported assets of $251,000 against liabilities of $3.3 million, with a net loss exceeding $850,000 in the first half of 2024. Legal issues include sexual harassment and wage theft claims, impacting its operations and future.(Yahoo Finance)

United States - Keurig Settles $1.5M Sec Charges Over Inaccurate Recycling Claims
Keurig Dr Pepper Inc. will pay $1.5 million to settle SEC charges for misrepresenting the recyclability of K-Cup pods. The SEC found the company failed to disclose concerns from recycling firms and inaccurately promoted its pods as recyclable, raising environmental and consumer trust issues.(OregonLive | The Verge)

Venezuela - Maduro: Agreements With Coffee Sector To Boost Industry Growth
President Nicolás Maduro announced that agreements with coffee sector representatives will boost growth and strengthen the industry. During a meeting with the National Coffee Technical Committee, he emphasized the need for investments and quality coffee supply for domestic consumption and export. The 2024-2025 harvest preparations were also discussed, highlighting Venezuela's new coffee culture with suitable resources.(Últimas Noticias)

China - Yunnan University Launches First Coffee Major With Enrollment
Yunnan Agricultural University has launched China's first "Coffee Science and Engineering" major, with its first cohort enrolling in September. This initiative aims to enhance coffee education and address the rapid growth of the domestic coffee industry by cultivating skilled professionals.(Xinhua | livedoor)

India - India'S Coffee Market To Hit $1.23 Billion By 2032
India's coffee market is poised for significant growth, projected to reach $1.23 billion by 2032, driven by rising domestic consumption and export potential. Tata Starbucks plans to open 1,000 stores by 2028, while Third Wave Coffee aims to add 50 cafés to its existing 114 by year-end, catering to a younger demographic with a focus on specialty brews.(BW Businessworld | BW Businessworld | BW Businessworld | BW Businessworld)

India - Karnataka Farmer Earns Rs 20-30 Lakh; Indian Coffee Festival 2024
Gaddi Siddalingappa Basappa, an 83-year-old Karnataka farmer, earns Rs 20-30 lakh annually from 8 acres of coffee, yielding 11 quintals in 2021 at Rs 11,000 per quintal. Meanwhile, Hyderabad will host the inaugural Indian Coffee Festival from September 13-15, 2024, featuring tastings, expert talks, and sustainability-focused activities.(Krishi Jagran | Deccan Chronicle)

Indonesia - Politeknik Hasnur Launches Coffee Course, 794,500 Tons Production
Politeknik Hasnur has launched a coffee cultivation course for the 2024/2025 academic year to enhance agricultural education and support the local coffee industry. Additionally, Poktan Kopi Dampit received training on organic fertilizer innovation to promote sustainable practices. Indonesia's coffee production rose 1.1% in 2022 to 794,500 tons, indicating growing interest in coffee.(Head Topics | iNews Portal | mediaindonesia.com | SURYAKABAR.com)

Indonesia - Coffee Events Highlighting Producers And Festivals In 2024
Two coffee producers from West Java, Kopi Wanoja and JPLM, signed an export Memorandum of Understanding at Bunex 2024. UNIKI Bireuen students showcased homemade products at a festival from September 14-16, 2024, promoting entrepreneurship. Situbondo will host a coffee and tobacco exhibition on September 18-19, 2024, involving around 100 farmers, aiming to enhance local production quality and facilitate buyer transactions.(DeskJabar | Serambinews.com | Surya.co.id | Kabupaten Purbalingga | Tribun Banyumas | Tribun Jatim-Timur)

Indonesia - Coffee Production Drops To 200 Kg Amid Rising Rp80,000 Prices
Coffee production in Kerinci has dropped from 1 ton to 200 kg due to the dry season, affecting 1,500 out of 2,500 coffee trees. In Senduro, prices have risen to Rp80,000 per kg, attributed to careful harvesting. Indonesia's coffee accounts for 26% of national production, with high demand driving prices up despite production challenges.(Jambi Ekspres | PANTURA7.com | Katakabar | CNBC Indonesia | HarianSIB.com | GlobalPlanet.News | HarianSIB.com | Bharata | Dinamika Jambi)

Indonesia - Coffee Market Growth: Idr 11.98 Billion Export Achievement
Loretha Samber is optimistic about her coffee business growth, focusing on brand development and market expansion to attract more customers. Soreang coffee artisans aim for international market expansion, emphasizing quality and unique flavors. Purwakarta coffee, supported by local initiatives, is positioned for growth in both national and international markets.(rri.co.id | rri.co.id | Investor.ID | rri.co.id | DeskJabar | Purwakarta Online | HARIAN MISTAR | agrofarm.co.id | Purwakarta Online | Medcom.Id | smart-lab.ru | IDN Times Sumatra Utara)

Indonesia - Washington Trade Office Promotes Indonesian Coffee With "Legacy Of Java"
Indonesia's trade office in Washington is promoting Indonesian coffee in the United States through the film screening "Legacy of Java." This initiative aims to enhance the visibility and appreciation of Indonesian coffee among American consumers.(Jakarta Daily Indonesia)

Indonesia - Widia Ningsih Aims To Boost Coffee Prices With Factory
Widia Ningsih, candidate for Deputy Regent of Lahat, aims to enhance coffee prices in the region by establishing a coffee factory. Currently the third-largest coffee supplier in South Sumatra, Lahat sells its produce to other areas. Building a local factory is expected to create jobs and boost coffee prices. The meeting took place on September 15, 2024.(Lahatpos)

Indonesia - Robusta Coffee Farmers In Banjarnegara Implement Organic Practices
Robusta coffee farmers in Banjarnegara are implementing organic farming practices to enhance sustainability and improve crop quality. This shift aims to meet growing demand for organic products while promoting environmental health.(Trubus.id)

Indonesia - Farmers Plant 1,000 Coffee Trees, Prices Range Rp. 20,000-50,000
Farmers in Langkaplancar, Pangandaran, West Java, are cultivating long-lived and stable-priced arabica coffee. Nanang, a local farmer, has planted 1,000 coffee trees, which are already flowering at two years old. Arabica beans sell for Rp. 20,000 to 50,000 per kilogram. He plans to plant an additional 6,000 trees, inspiring others to join the coffee cultivation trend.(HarapanRakyat.com)

Indonesia - Coffee Processing Training Held September 11, 2024, In Sigi
The Sigi government organized a short coffee processing training on September 11, 2024, to enhance understanding and utilization of local natural resources. Samuel emphasized that proper coffee processing can become a valuable asset and boost the local economy. The initiative aims to support innovation and sustainable development in Sigi, fostering community welfare through shared experiences and ideas.(Harian Mercusuar)

Indonesia - Disbunnak Kalbar Introduces Liberica And Robusta At Bunex 2024
Disbunnak Kalbar introduced liberica and robusta coffee varieties at Bunex 2024, highlighting their unique characteristics and potential for local cultivation. The event aimed to promote these coffee types among farmers and stakeholders, fostering interest in diversifying coffee production in the region.(ANTARA Kalimantan Barat)

Indonesia - Coffee Farmers Sort Beans Daily For Optimal Quality
Coffee sorting is crucial for determining quality, as highlighted by coffee farmers in Pemalang. They meticulously select beans daily, often with help from students and locals, to ensure optimal flavor and aroma. Both arabica and robusta beans require careful manual sorting, which is time-consuming but essential to meet increasing demand for the renowned coffee from Mount Slamet.(Jateng Disway)

Indonesia - Innovations In Liberica And Robusta Coffee At Bunex 2024
The article highlights the innovations in Liberica and Robusta coffee from West Kalimantan showcased at Bunex 2024. These unique coffee varieties are being promoted to enhance local agricultural practices and boost the regional economy. The event aims to attract attention to the potential of Kalbar's coffee industry.(Borneonews)

Indonesia - Coffee Price In Kepahiang Stays Stable At Rp65,000 Per Kilo
The coffee price in Kepahiang remains stable at Rp64,000 to Rp65,000 per kilogram as of September 14, 2024. Despite favorable prices for farmers, many have transitioned to other crops like black pepper due to reduced coffee fruit availability. However, some areas, particularly Pasar Kepahiang, still have sufficient coffee to sell for profit.(Radar Kepahiang)

Indonesia - Mulyoarjo Offers Unique Arabica And Robusta Coffee Varieties
Mulyoarjo creates unique coffee, offering both Arabica and Robusta varieties.(rri.co.id)

Indonesia - Ub Team Trains Coffee Farmers On 40 Hectares In Malang
A community service team from Universitas Brawijaya is training coffee farmers in Srimulyo, Dampit, Malang, to develop organic fertilizer production amid a fertilizer crisis affecting coffee yields. The program, lasting over four months, includes practical training and provision of machinery. Farmers manage 40 hectares, primarily growing Java Robusta coffee, and aim to enhance production efficiency and local economic welfare.(Ketik - Media Kolaborasi Indonesia)

Indonesia - Unida Bogor Trains Bumdes Managers In Local Coffee Marketing
A team from UNIDA Bogor is training and supporting BUMDes managers in local coffee marketing through a digital marketing model called RACE. This initiative aims to enhance the marketing strategies of local coffee producers, promoting better sales and visibility in the market.(Universitas Djuanda)

Indonesia - Coffee Priced At Rp 5.3 Million Shocks Jakarta Netizens
A luxury café in Jakarta, Bacha Coffee, has shocked netizens with its coffee priced at Rp 5.3 million. This includes a single serving of Paraiso Gold Hot at Rp 4,390,000, plus taxes and service fees. The coffee's rarity stems from its sourcing in Brazilian forests, making it one of the world's most exclusive single-origin coffees.(detikFood)

Indonesia - Pali'S Unique Robusta Coffee Blend Gains Popularity Among Enthusiasts
Mulyadi's home production facility in Talang Ubi, South Sumatra, processes coffee beans to create a unique Robusta blend known for its distinctive aroma and flavor. Although it lacks a brand, Mulyadi's coffee powder is well-recognized among coffee enthusiasts in PALI.(Tribun-Video.com)

Japan - Helsieni Cultivates Mushrooms Using 30 Cups Of Coffee Grounds
Helsieni has introduced a mushroom cultivation kit utilizing coffee grounds, which are typically discarded and contribute to greenhouse gas emissions. Each harvest can use up to 30 cups of coffee grounds, yielding mushrooms in 5-7 days. The project aims to repurpose Japan's 840,000 tons of wasted coffee grounds annually, with plans for expansion and local partnerships.(フードテック専門メディア)

Japan - "Coffee Cultures United Event Set For November 5, 2024"
EmPath Foundation is organizing the "Coffee Cultures United" event on November 5, 2024, in Saitama, Japan, focusing on sustainable coffee industry development and international cultural exchange. Participants will learn about improving local communities through coffee, connect with global coffee lovers, and enjoy presentations and demonstrations, all while emphasizing harmony and beauty. Attendance is free.(Readyfor)

Philippines - Mcdonald'S Philippines Launches New Iced Coffee Campaign Amid 80% Consumption
McDonald's Philippines is investing in its coffee offerings, launching the "New & Better McCafé Iced Coffee" amid rising coffee consumption, with 80% of Filipinos averaging 2.5 cups daily. The lineup includes various options available nationwide. With over 758 branches, McDonald's aims to enhance its market presence and cater to local tastes while maintaining affordability.(adobo Magazine)

Thailand - U Cup Coffee Expands Ecc Area, Monthly Sales Reach 3 Million Baht
U cup coffee in eastern Thailand is expanding its ECC area, focusing on relaxation spaces with prices ranging from 70 to 250 baht. The café generates monthly sales of 3 million baht.(ผู้จัดการออนไลน์)

Thailand - Five-Star Hotels And Coffee Shops Flooded, Significant Damage Reported
Five-star luxury hotels and famous coffee shops along the Kok River have been severely flooded, resulting in significant damage. The situation highlights the impact of recent heavy rainfall on local businesses and infrastructure.(ประชาชาติธุรกิจ)

Thailand - Icon Siam Sales Double At Craft Coffee Expo 2024
Icon Siam experienced a successful "Iconic Craft Coffee Expo 2024," with sales doubling over ten days, showcasing the rising interest in craft coffee. Additionally, a heart-shaped mycelium forest and coffee waste myco-blocks were launched to support a low-carbon society, emphasizing sustainability and environmental conservation efforts.(ประชาชาติธุรกิจ | TCIJ)

Thailand - Tham Sing Community Transforms To Profitable Coffee, Lanna Rajabhat Visits
Tham Sing community in Chumphon has successfully transformed from a red zone to a profitable coffee-producing area by enhancing local resources and promoting sustainable practices. Meanwhile, a research team from Lanna Rajabhat University visited the Doi Saket Agricultural Cooperative to improve coffee production and boost economic benefits for local farmers.(เดลินิวส์ออนไลน์ | เชียงไหม่นิวส์)

Vietnam - Vietnam Coffee Prices Rise Slightly To $4.93-$4.95 Per Kg
Vietnam’s domestic coffee prices increased slightly, with farmers selling beans for 121,000-121,500 dong ($4.93-$4.95) per kg, up from 119,000-120,500 dong a week earlier. Robusta coffee for November delivery rose 2% to $5,008 per metric ton. Despite typhoon Yagi's impact, coffee crops in the Central Highlands remained unharmed. Trading is expected to stay subdued until next month’s harvest.(Business Recorder)

Vietnam - Coffee Prices Surge: Robusta Nears $5,190, Arabica Hits $5,800
Coffee prices have surged due to a 50% drop in robusta exports from Vietnam, reaching nearly $5,000 per ton for robusta and $5,800 for arabica. Factors include severe drought, climate change, and a shift towards durian farming. Analysts predict retail coffee prices may exceed £5 in the UK, raising concerns about future supply shortages.(BFMTV | Les nouvelles les plus importantes de la journée | XM | infosrk.club | BBC | infocancha.com)

Vietnam - Coffee Prices Hit Historic Highs: £5 In London, $7 New York
Coffee prices are at historic highs, reaching £5 in London and $7 in New York, driven by problematic crops and climate change. Vietnam's robusta exports fell 50% in June as farmers shift to durian cultivation amid severe drought. Climate change may reduce suitable coffee-growing areas by 50% by 2050, exacerbating the supply crisis.(Ragam Palu | Porta da Estrela | PortalSpożywczy.pl)

Austria - Austria'S Coffee Consumption Averages Three Cups Per Day
Coffee is crisis-resistant in Austria, with an average consumption of three cups per day, placing the country in the European midfield. The article discusses the behind-the-scenes dynamics of the coffee industry, featuring insights from Johann Brunner, managing director of the Austrian Coffee Association.(puls24)

EU - Coffee Prices Up 4% And 3%; Sunflower Seeds Rise 14%
The coffee market remains highly volatile, with robusta prices up 4% and arabica up 3% from July to August, reaching increases of 80% and 57% year-on-year. Sunflower seed prices rose 14% to €422.5/t, driven by drought in Eastern Europe. Peanut prices dropped 18% since late August, despite low U.S. stocks, with production expected to exceed 3 million tons, a 14% increase.(Horeca News)

France - 7,900 Visitors Attend 2024 Sirha Omnivore And Paris Coffee Show
The 2024 Sirha Omnivore and Paris Coffee Show attracted over 7,900 visitors, showcasing young culinary talents and specialty coffee. The events featured competitions, demonstrations, and discussions on coffee culture. Highlights included national championships with winners like Adrien Georges and Mikaël Portannier. Attendance increased by 30%, reinforcing the successful synergy between the two festivals focused on culinary innovation and coffee passion.(Snacking.fr)

France - Bacha Coffee Plans €20 Million Store On Champs-Élysées By 2024
Bacha Coffee, founded in 1910 in Marrakech, plans significant global expansion with new openings in Hong Kong International Airport and a €20 million flagship store on the Champs-Élysées in Paris by late 2024. The Paris store will cover 1,500 sq m over three floors. The brand aims for further openings in 2025, enhancing its presence in Asia and the Gulf.(Retail & Leisure International)

Germany - Reinholz Coffee Festival Attracts Many Visitors In Bronnzell
The Reinholz coffee festival in Bronnzell, held from September 15, 2024, featured coffee workshops, regional delicacies, and live music. Attendees enjoyed a "Latte-Art-Workshop" and tasted local treats. The celebration continues on Sunday with a brass band, more workshops, and opportunities to meet Colombian coffee farmers. The event highlights coffee culture and community engagement.(Osthessen News)

Germany - Eu Deforestation Regulation Faces Opposition From Germany And Others
The EU's Eudr regulation aimed at preventing deforestation is facing opposition from various European governments, including Germany, which seeks a delay in its implementation set for December 30. Critics argue the regulation imposes excessive bureaucratic burdens on businesses, affecting over $110 billion in annual trade. Brazilian officials also condemned the regulation as unilateral and punitive, undermining national laws against deforestation.(EuropaToday)

Italia - Coffee Prices Surge, Italians Frightened And In Panic
The rise in coffee prices has left Italians "frightened and in panic.".(LA NOTA DEL DÍA MÉXICO)

Italia - Illy'S University Of Coffee Celebrates 25 Years, Trains 350,000
Illy's University of Coffee, established in 1999, celebrates 25 years of training and innovation, with 350,000 individuals trained globally across 23 countries. The curriculum caters to coffee growers, hospitality professionals, and enthusiasts, offering courses in barista skills, coffee history, and agronomy. Notably, it includes a Master's program in Coffee Economics and Science, with flexible online options.(CiboToday)

Italy - Cappuccino Prices Rise 24% In Bolzano To €2.18
Pedrocchi café will raise the price of a coffee cup to €1.50. Cappuccino prices in Bolzano, Italy, have surged by 24%, averaging €2.18, with potential peaks at €2.50, driven by rising international coffee prices and high tourist demand. Over the past three years, cappuccino prices in Italy increased by 14.1%.(Il Mattino di Padova | business24tv.it | tz.de)

Italy - Italian Espresso Prices May Rise 66% To €2 Per Cup
Italian coffee prices may rise by up to 66%, potentially reaching €2 per espresso due to record global coffee costs. Current prices are around €1.20 for espresso and €1.50 for cappuccino. Arabica futures hit $2.49 per pound and robusta at over $5,000 per ton. This increase could disrupt daily coffee consumption habits in Italy.(TradingView | Invezz | Invezz | hna.de | Financial Times | Patronlar Dünyası | TradingView | TradingView | Invezz | Invezz | TradingView | Invezz | Invezz)

Italy - Soaring Coffee Prices Cause Panic With Increases Up To 20 Cents
Soaring coffee prices are causing panic among Italians, leading to concerns about affordability and availability. Increases of up to 20 cents have been reported, raising worries among business owners about excessive price hikes on raw materials.(Head Topics | ilgazzettino.it)

Portugal - Food Basket Jumps €2.49: Fresh Hake Up 24%
The price of a basket of 63 essential goods in Portugal increased by €2.49 to €227.60, marking a 1.11% rise over the past week. Fresh hake prices soared by 24%, while year-on-year increases show fresh hake up 28% and 124% since the Ukraine conflict began. Grocery and meat categories saw significant increases of 33.17% and 25.68%, respectively.(Executive Digest)

Spain - Café & Té Acquires Julieta Coffee, Plans 22 Locations By 2024
Café & Té and Panaria, part of Grupo Trópico, acquired Julieta Coffee on September 30, 2023, to strengthen their market presence in Málaga, where Julieta operates five locations. The group plans to invest over €1.5 million in renovations and aims to expand to around 22 establishments by 2024, while also exploring new acquisitions and franchise opportunities.(Merca2.es)

Spain - Grupo Nabeiro-Delta Cafés Expands Tetley Tea Distribution To Spain
Grupo Nabeiro-Delta Cafés will expand its distribution of Tetley teas from Portugal to Spain, strengthening its partnership with Tata Consumer Products. Delta Cafés España will exclusively distribute Tetley, enhancing its market presence. This collaboration aims to provide high-quality beverage options and improve tea accessibility in Spain, reflecting both companies' commitment to excellence and innovation.(anoticia)

UK - Coffee Prices To Exceed £5 As Exports Drop 50%
Coffee prices are set to exceed £5 in the UK due to a 50% drop in Robusta coffee exports from Brazil and Vietnam, driven by adverse weather conditions. A shift to durian farming in Vietnam and climate change threaten long-term coffee cultivation, with projections indicating a 50% reduction in suitable land by 2050.(Neue Wochenschau | El Decano de Guadalajara)

UK - Costa Coffee Launches Coffee Pod Recycling Trial In 142 Stores
Costa Coffee has launched a trial for coffee pod recycling in collaboration with Podback, covering 142 stores in the UK. Customers can collect free recycling bags and return them for collection. This initiative aims to enhance recycling convenience and gather customer feedback, following Costa's previous efforts in establishing a national cup recycling scheme.(Recycling International)

United Kingdom - Coffee Prices Rise Again In London And New York Markets
Coffee prices rose for another day, increasing in both London and New York markets.(Notícias Agrícolas)

Angola - Uíge Coffee Growers Trained In Production And Harvesting Techniques
The National Coffee Institute is training its members in production and harvesting techniques. This training targets coffee growers in Mucaba and Uíge, aiming to enhance both productivity and the quality of the coffee cherries.(Rádio Nacional de Angola)

Burundi - China Authorizes Coffee Bean Imports From Burundi
China has authorized the import of coffee beans from Burundi, according to customs. This decision marks a significant development in trade relations, potentially benefiting both countries' economies and coffee industries.(XM)

Ethiopia - Ethiopia Achieves Record $196M Coffee Exports In August 2024
Ethiopia achieved a record $196 million in coffee exports in August 2024, shipping 42,322 tons, according to the Ethiopian Coffee and Tea Authority. This marked a 165% increase in volume and 143% in value compared to targets. Over two months, 82,853 tons generated $377 million, with a 66% volume increase and 41% revenue rise from last year.(APANEWS)

Ethiopia - Ethiopia Showcases Coffee Culture At Ciftis With 80 Countries
The China International Fair for Trade in Services (CIFTIS) in Beijing features exhibitions from 80 countries. Ethiopia's pavilion highlights its coffee culture with a traditional ceremony led by Plenipotentiary Minister Munteha Jemal, showcasing different coffee types and promoting tourism attractions across the country, many of which are UNESCO registered. Events like CIFTIS foster cultural exchanges and business potential.(CGTN)

Ethiopia - Ethiopia: World'S Poorest Yet Produces Top Quality Coffee
Ethiopia is one of the world's poorest countries yet produces some of the highest quality coffee globally. This paradox highlights Ethiopia's unique coffee-growing conditions and cultural significance, contributing to its reputation in the coffee industry.(Marketeer Online)

Ghana - Ghana Targets $100 Million Coffee Production Growth With 100,000 Acres
Ghana is targeting a $100 million increase in coffee production through the Pilot Coffee Incubator Programme, focusing on 100,000 acres on the Akuapem Ridge. With potential annual earnings of $1,000 per acre, the initiative aims to enhance local consumption and create jobs, supported by a $25,000 grant for establishing model coffee shops.(ZAWYA | Africa.com)

Ivory Coast - Cocoa Prices Up 82.78% Year-To-Date Amid Production Issues
Global commodity markets are seeing price increases for cocoa and coffee due to production concerns. Cocoa prices rose significantly, with ICE NY cocoa up 1.41% and ICE London cocoa up 0.94%. Cocoa shipments from Ivory Coast fell 28%, leading to an 82.78% year-to-date increase. Coffee prices surged, with Arabica up 4.03% and Robusta up 3.74%, amid adverse weather affecting production.(Investing.com Indonesia)

Kenya - Margaret Nyamumbo'S Coffee Business Generates Over €2.7 Million
Margaret Nyamumbo left her Wall Street banking job to start her coffee business, Kahawa 1893, which celebrates African coffee origins. Founded in 2018, it sources beans from Kenya, Rwanda, Tanzania, and the DRC, and has donated €81,000 to 500 farmers. In 2023, Kahawa generated over €2.7 million in sales, thriving through partnerships with Bay Area tech companies.(lainformacion.com)

Uganda - Surge In Coffee Prices Boosts Uganda Production To 6.3 Million Bags
The surge in global coffee prices has boosted Robusta farming interest in Uganda, where over 6.3 million bags were produced in 2023, earning $1.25 billion. Coffee exports rose 27.5% to $162.3 million, with 6.13 million bags exported. Challenges like financial literacy and quality concerns persist, as Uganda aims for 20 million bags by 2030.(Monitor | Monitor | New Vision)

World - Arabica Coffee Production Could Drop 80% By 2050
Arabica coffee bean, the most popular variety, faces extinction due to global warming. Rising temperatures and unpredictable rainfall could lead to an 80% drop in production by 2050. The coffee industry must adapt, but scientists are exploring alternatives to ensure the beverage remains available despite these challenges.(Giant Freakin Robot)

World - Freshly Brewed Coffee Market Sees Growth With Starbucks, Costa Coffee
The Freshly Brewed Coffee market is rapidly evolving, driven by technological advancements and changing consumer preferences. Key segments include freshly ground and instant coffee, with sales through online and offline channels. Major players include Starbucks and Costa Coffee. The report highlights growth opportunities, competitive landscapes, and future trends, emphasizing the importance of strategic adaptability and innovation in the market.(Economica)

World - Alternative Coffee Startups Aim For Sustainability Amid Deforestation Concerns
Alternative coffee startups like Atomo and Northern Wonder claim to replicate the taste and caffeine content without using beans, addressing environmental concerns linked to traditional coffee cultivation, which contributes to deforestation. Critics argue this shift could lead to new environmental issues. While offering a cheaper option, these alternatives lack the emotional connection many have with traditional coffee. The future of coffee consumption is uncertain.(Business AM - FR)

World - Global Coffee Production Hits 10 Million Tons; Prices Surge
Global coffee production reached 10 million tons, significantly impacting the economy and driving trends toward sustainability and specialty coffee. Prices are rising due to a 50% drop in Robusta exports and climate issues affecting major production regions. Adverse weather conditions and climate change are reducing yields and quality, raising concerns about future supply and market prices.(BW Businessworld | BBC.com | Economia em Pauta | Vibiznews | Band Jornalismo)

World - Medium Roasted Coffee Market Hits $9.5 Billion, Global Market $127 Billion
The medium roasted coffee powder market was valued at $9.5 billion in 2022, growing at a CAGR of 5.2%. The global coffee market is valued at $127 billion, with growth expected from 2024 to 2031. Currently, 64% of the world drinks coffee, with 84% of U.S. consumers brewing at home. Agriculture 4.0 technologies are enhancing coffee cultivation efficiency.(La Funcion mx | openPR | KARAR | Band Jornalismo | Compre Rural)

World - Coffee Futures Rise 7.72% To $253.25 Amid Global Concerns
Coffee futures have risen by 7.72% to $253.25 in 21 sessions, with a trading volume of 1,709, below the average of 21,039.66. Global coffee prices are also surging due to adverse weather and supply chain issues, impacting production and potentially leading to shortages. Arabica prices reached $5,800 per ton, while robusta surpassed $5,000.(Via News Agency | Barchart | Yahoo News Canada | Ecolobizz | Nasdaq | Barchart)

World - Coffee Company Bankruptcy Amid Starbucks Revival Efforts After Declines
A popular coffee company has filed for Chapter 11 bankruptcy to restructure its debts amid financial distress. Meanwhile, Starbucks, led by CEO Brian Niccol, seeks to revive its community coffee shop experience after two quarters of declining sales. Niccol plans to enhance in-store experiences, with over 70% of sales now from mobile and drive-thru services at 9,500 U.S. locations.(TheStreet | Internasional Kontan)