article thumbnail

Coffee News Recap, 10 Jun: Arabica prices hit 3-month high after drought predicted in Brazil, Pergamino to host Barista Jam at PRF Colombia & other stories

Perfect Daily Grind

Robusta prices drop as Brazil continues 2022/23 harvest. Between 29 April and 31 May, robusta prices dropped by 10.57% to BRL 708.25 Arabica prices hit three-month high following on from Brazil’s drought concerns. Digital Coffee Future to host last of three-part webinar series. per 60kg bag (US 149.07 Tue, 7 Jun.

Pricing 126
article thumbnail

Coffee News Recap, 9 Dec: Jibbi Little wins 2022 World AeroPress Championship, EU agrees to ban coffee and other imports linked to deforestation & other stories

Perfect Daily Grind

Price of coffee dropped by 12.3% In its latest monthly report, the organisation says that while average prices for all group indicators decreased in November, the ICO Composite Indicator Price stabilised around US 160 cents/lb last month. The auction brought in more than US $303,504, with an average price of US $17.02/lb.

2022 156
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Coffee News Recap, 12 May: World AeroPress Championship 2023 will take place in Melbourne, Oatly appoints new CEO & other stories

Perfect Daily Grind

The ICO’s Coffee Public-Private Task Force held a webinar to discuss the new EU deforestation-free regulations, which included 260 coffee professionals and EU representatives. The online course covers all levels of the supply chain, and will begin in early October. Here are this week’s stories.

2023 134
article thumbnail

Coffee News Recap, 24 Mar: Winners of first-ever Global Coffee Awards announced at PRF El Salvador, Starbucks welcomes new CEO as workers strike at over 100 US locations & other stories

Perfect Daily Grind

The fast food chain will now offer Oatly Barista Edition for its McCafé coffee beverages. World Coffee Events to host webinar on updated rules and regulations for 2023 World Coffee Championships. Webinar registration is open now. McDonalds to serve Oatly in coffee beverages at all locations in Austria. Strauss Group reports 6.9%

2023 140
article thumbnail

Why Are Hotel Operating Costs Rising So Quickly?

Hot Schedules

However, with global supply chains strained under increased demand and various complex political policies resulting in crippling workforce shortages, hoteliers are seeing the return of traveling revenues met with rising expenses. Strained Supply Chain. b3lineicon|b3icon-link|?|Link.

Hotels 147
article thumbnail

Coffee News Recap, 4 Nov: PRF to return to Colombia in 2023, more than a third of UK hospitality businesses at risk of closure due to rising costs & other stories

Perfect Daily Grind

The survey found that that 35% of respondents were expecting to be operating at a loss or face closure by the end of the year, with 96% of businesses also experiencing higher energy costs and 93% facing food price inflation. Fairtrade launches Living Income Reference Price for Ugandan arabica.

2023 126
article thumbnail

Coffee News Recap, 1 Jul: PRF Colombia takes place in Medellín, USDA estimates 2022/23 production will increase by 7.8 million bags & other stories

Perfect Daily Grind

The event was held as part of the 2022 Bandung West Java Food & Beverage Expo. The biggest factors inhibiting profit growth are energy costs (74%), rising prices of good (55%), and labour costs (54%). The Council also agreed to develop a benchmark system that monitors levels of deforestation in supply chains. Wed, 29 Jun.

2022 127