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Coffee News Recap, 13 Jun: Gesha scores 98 points at 2025 BoP, potential IPO for Pret A Manger & other stories

Perfect Daily Grind

This set the precedent for future astonishing auction prices, which have since surpassed US $10,000/kg. With the 2025 BoP auction scheduled for 6 August, all eyes will be on the bidders of the 97- and 98-point coffees, as many eagerly anticipate the extent of the prices they’re willing to pay. in the year-ago period.

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Coffee News Recap, 27 Jun:  WoC Geneva hosts four World Coffee Championships, Starbucks denies complete sale of China division & other stories

Perfect Daily Grind

Homegrown rivals like Luckin and Cotti are outperforming the coffee giant, offering consumers similar quality drinks at a fraction of the price. In a bid to compete, Starbucks announced its first-ever price drop in China in mid-June, lowering the price of selected drinks by an average of 5 yuan – although it denied a price-war strategy.

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Coffee News Recap, 20 Jun: NCA report says specialty coffee consumption is at 14‑year peak, Vietnam robusta exports hit record high & other stories

Perfect Daily Grind

Strong demand from the EU and US markets has driven this growth, despite persistent logistical bottlenecks and global supply shortages. As the C price dips to multi-month lows, this challenge may become easier to achieve. cents/lb – the lowest price since late January. London September ICE robusta futures fell by 6.4%

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Coffee News Recap, 6 Jun: Arabica futures contracts to be priced in tonnes, 2025 WAC will be held in Seoul & other stories

Perfect Daily Grind

Editor’s note New York’s Intercontinental Exchange (ICE) recently announced that as of March 2028, arabica futures contracts will no longer be priced in US cents per pound. Instead, ICE will implement a US $/tonne (or metric ton) pricing mechanism, although a new date has not yet been confirmed for this transition.

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Coffee News Recap, 11 Jul:  Joe & the Juice explores US $2.4 billion IPO, 18 countries call for EUDR simplification & other stories

Perfect Daily Grind

Ultimately, EUDR requires more due diligence across the supply chain, and consumers will bear the cost. Liverpool, UK) Wed, 9 Jul – Latest ICO report shows sharp decline in prices and global exports. to 92.4 US cents/lb, with Brazilian arabica FOB export prices down 13% to $1.78/lb In June, the ICO composite indicator fell 9.2%

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Why Culinary Programs Fail

Culinary Cues

Everything will change for the better if we (the food industry and the culinary schools that provide the talent) change as a collective group. When enrollment declines then colleges must make decisions to trim services, increase class sizes, eliminate content, reduce investment in supplies, or shut their doors.

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Restaurant Conferences to Attend in 2022

7 Shifts

BITAC Food and Beverage. Website: BITAC Food and Beverage. Spanning three days in one of the world's most renowned food destinations, this conference has something for everyone, with courses for independent owners and multi-unit operators. Food Marketing Conference. Website: Food Marketing Conference. When: March.

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