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Coffee News Recap, 21 Apr: Specialty Coffee Expo begins in Portland, arabica prices reach six-month high & other stories

Perfect Daily Grind

However, experts remain unsure of the effect this may have on annual contract prices, including for coffee. The Enthusiast with Stainless Steel Carafe and the 5-Cup Drip Coffee Brewer with Thermal Carafe have both received the certification, which ensures brewers meet the SCA’s quality standards for preparing specialty coffee at home.

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Coffee News Recap, 18 Mar: Coffee prices rise for 17 consecutive months, US coffee consumption hits two-decade high & other stories

Perfect Daily Grind

Robusta prices rise in Brazil as a result of decreasing arabica production. Global coffee prices continue to increase over 17 consecutive months, despite the Russian invasion of Ukraine. The International Coffee Organisation’s February 2022 report states global coffee prices fell by 3.1% US cents/lb in February 2022.

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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000. The average price sits around half a million dollars, according to data from Restaurants for Sale. However, restaurant prices vary widely, based on region, location and type.

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Coffee News Recap, 8 Apr: Coffee prices fall after increasing in 17 consecutive months, ICO drafts new International Coffee Agreement & other stories

Perfect Daily Grind

Fairtrade International announces new Living Income Reference Price for Indonesian coffee producers. The Living Income Reference Price is offered as guidance for companies wanting to pay living wage incomes in their supply chains. Fairtrade launched its first Living Income Reference Price in 2021 for Colombian farmers.

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Coffee News Recap, 3 Mar: World AeroPress Championship opens 2023 host applications, Australia to hold national Barista Championship and Brewers Cup in May & other stories

Perfect Daily Grind

Despite rising energy costs and uncertain macroeconomic factors, the food and beverage ingredient company (which also sells coffee products) reported total 2022 revenue at US $553.1 AI solution ProfilePrint signs agreements with three of Brazil’s biggest food and beverage companies. Here are this week’s stories.

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Coffee News Recap, 19 Aug: Cold brew market to grow by US $1.37 billion, Starbucks accuses US labour officials of union support & other stories

Perfect Daily Grind

Paulig’s Mundo coffee range receives carbon-neutral certification. The food and beverage supplier received the certification through its support of reforestation projects in coffee-producing countries. Indian beverage supplier Roastea plans rapid expansion of vending machines and coffee shops. Tue, 16 Aug.

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Coffee News Recap, 3 Feb: “Huge differences” in caffeine content across major UK coffee chains, combining milk and coffee may have anti-inflammatory effects & other stories

Perfect Daily Grind

Rancilio Specialty’s RS1 espresso machine receives Italian Espresso Institute’s Premium Certification. The results were then verified to ensure compliance with the Italian Espresso Institute Premium Certification standards. Rabobank International anticipates that consumers are likely to keep paying higher prices for coffee in 2023.

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