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Coffee News Recap, 2 Sep: Ethiopian government reports US $1.4 billion earnings from 2021/22 coffee exports, volumes of sustainably-sourced green coffee increased by 29% in 2021 & other stories

Perfect Daily Grind

The government estimates that revenue from coffee exports could increase further in 2022/23 as coffee prices remain high. The event includes seminars and workshops, as well as the Latte Art World Championship and the US Cold Brew Championship. ofi secures US $1.975 billion sustainability-linked loan. Wed, 31 Aug. Fri, 2 Sept.

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How does foreign exchange affect the price of coffee?

Perfect Daily Grind

For the most part, both the price of arabica and robusta rely on futures contracts. These are legal agreements to buy or sell a particular commodity at a predetermined price on a set date. Fluctuations in the market can influence prices paid by roasters and consumers and prices paid to farmers, as well as their production costs.

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How can producers use green coffee to barter for other goods and services?

Perfect Daily Grind

Moreover, Nucoffee provides farmers with up-to-date market information, which can allow them to keep track of fluctuations in the price of coffee, as well as any emerging trends in the coffee industry. When talking about sustainability in the coffee industry, we often consider three key pillars: social, economic, and environment.

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Coffee News Recap, 5 May: WAC confirms more national competition hosts, Vietnamese robusta production set to fall to four-year low & other stories

Perfect Daily Grind

Mon, 1 May Westrock Coffee publishes 2022 Sustainability Progress Report. The report highlights the company’s key environmental and social sustainability activities from last year, including increasing global purchases of certified and verified responsibly-sourced coffee by 9% – amounting to an increase of over 19.5

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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

Peet’s Coffee achieves 100% responsibly sourced coffee certification. IDH – The Sustainable Trade Initiative publishes Coffee Farmer Income Resilience Baseline Report. The report concludes crop diversification and intensification of sustainable farming practices are required to improve the socioeconomic livelihoods of producers.

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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

NOLA Coffee Festival celebrates the city’s famous coffee culture, and will include an exhibition, speaker sessions, and workshops. Price of coffee dropped by 12.3% The total price paid for 363.76lbs of the highest-scoring coffee (a washed Gesha from La Bola) was US $27,282. Tue, 6 Dec. billion by 2027, growing by 7.6%

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How can coffee roasters attract new wholesale customers?

Perfect Daily Grind

For example, some customers may need to know more about where roasters source their green coffee from, as well as how sustainable the supply chain is. Staff education and training is also another service that roasters can offer wholesale customers, including workshops and cuppings.