Droughts in Uganda may cut down expected coffee exports, a farmers’ group has declared. There is going to be an expected 5% reduction due to droughts, the industry regulator. This is due to extensive droughts that hit the southern and south-western regions of Uganda two months ago. This has strained crop yield. Expected export will drop to 3.6 million 60-kilogram
Month: August 2016
Europe trade slows but Indonesian robusta rises
Physical robusta coffee trade in Europe has begun to decrease during the summer holiday. However, traders said that flows of Indonesian robusta coffee have strengthened after a futures rally and a late start to harvest, as announced by Business Recorder. Since cash trade slowed in Europe and a number of factories were set to shut for a few weeks during
Youngetivity Int. to expand in South Florida
A subsidiary of Youngetivity International Inc., CLR Roasters, has announced that it has signed a three year agreement with Bread Partners Inc to provide CLR Roasters to 18 AuBonPain locations, Yahoo Finance reports. A marketer for nutritional and lifestyle products, Youngetivity International Inc. also produces gourmet coffees for retail and direct sales channels. According to this agreement, AuBonPain will commercialize