Market analyses and reports on the coffee and coffee machine markets
According to Daily Coffee News, Centroamericano, a leaf-rust-resistant hybrid has marked a major win in the 2017 Nicaragua Cup of Excellence, CoE, by scoring 90.5. This is a major win for this type of hybrid development called in coffee as F1. Centroamericano also bagged the CoE Presidential Award as well as coming second place in the National Coffee Quality Competition, that
According to Business in Cameroon, the government of Cameroon will offer about 2.5 million coffee seedlings to coffee farmers in the country. This initiative by the government was revealed by the Minister of Agriculture, Henri Eyébé Ayissi, when he was officially launching the 2017 cocoa and coffee season in Buea, the capital of the South West Region. According to the
Things are about to change for good-especially for the coffee farmers who already grow high quality Arabica Colombian coffee beans amidst of all the challenges in Colombia – says Bloomberg.com. Colombia, already the world’s third-largest coffee grower, has been facing unrest within the country for the last 52 years. United States is among the largest buyer of Colombian coffee beans.
According to reports by Quartz Africa, Uganda consumed only 3% of its total coffee production last year. This is far below what its neighbor, Ethiopia, who produces more coffee than Uganda is consuming. Ethiopia consumes about half its total coffee production yearly. Inspire Africa, a development agency that promotes coffee consumption amongst Ugandans says if Uganda should consume 10% of its
According to The Times of India, 3,733 bags of arabica coffee was sold in a auction organized by Brazil’s crop supply agency, Conab, on April 5, 2017. The auction finished government’s coffee stocks for the first time in ten years. According to Conab, those who bought paid a 5% premium on average for at least 15-year old coffee beans that were
According to ICO , market weakens further due to high exports and increasing inventory levels. In March 2017, the ICO composite indicator price fell slightly. While Robustas remained broadly stable, Arabica prices were under pressure. The monthly average of the composite indicator was down by 2.6% to 134.07 US cents/lb in March from 137.68 US cents/lb recorded in February. The
The Union Centrale des Coopératives Agricole de l’Ouest, UCCAO, is planning to upgrade its coffee roasting plant. UCCAO, which is an agricultural cooperative in the Western region of Cameroon, has budgeted up to 400 million fcfa (about 650,000 USD) for this project, reports Business in Cameroon. For this to be possible, the cooperative recently signed an agreement with the government
Climate change has been a great threat to coffee production in the world recently. So Nicaragua is changing its coffee production , it is investing in a disease-resistant variety of coffee to protect its export, reports Manila Bulletin. Coffee is one of Nicaragua’s key export crop. The disease resistant robusta coffee, from the Coffea canephora plant, has been authorized by the
Olam International’s two coffee plantations in Africa have recieved Rainforest Alliance Certification as well as UTZ Certification for their 2500 hectares of Arabica plantations according to dailynews.co.tz and foodbusinessafrica.com. These aren’t Olam’s only plantations in world. It’ s one of the world’s largest coffee suppliers that has coffee plantations in Africa, Asia and South America. Their other green coffee sources
Congolese coffee beans are attracting the Specialty Coffee sector’s attention as reported by thelocalafricanews.com. As the specialty coffee sector sees growth, exporters, retailers and roasters keep looking for new grounds in hope to discover ever better tasting coffee beans. But discovering newer grounds also mean taking risks of entering world regions that have been politically unstable for several years now and