Market analyses and reports on the coffee and coffee machine markets
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
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
Robusta prices are rising worldwide foreseeing its decreased yield in major Robusta growing areas like Vietnam and Brazil and so in Vietnam Robusta prices reached their highest in five years in the month of March (2017)– reports economiccalendar.com. On one hand, the changing climatic conditions are forcing coffee farmers to fold their coffee growing business causing prolonged dry conditions, like
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
Vietnam and India have uplifted back-to-back bans on some commodities that were placed earlier this month. The ban prevented Indian roasters from importing coffee beans from Vietnam. The ban by India was placed on March 7 and prevented coffee roasters from getting the raw material to meet up with local demand. In a statement on Friday, March 17, the Vietnamese
In February 2017, Brazilian president Michel Temer suspended the plans of local coffee processors to import Robusta from Vietnam. Brazilian farmers have already been protesting against the idea. President Temer’s decision has temporarily put a stop to the dispute between the growers and processors of the country, reports Bloomberg.com. This attempt by the world’s biggest coffee grower to import green
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
The complexity of an espresso blend is something very important for the roaster. It is part of his “savoir faire” and his own knowledge. By coffee roasters, the recipe is the identity of the brand and therefore all recipes are well protected against hard copy. As recipes can’t be protected by IP, a way to do it is to complexify
Coffee farmers and traders in Uganda are happy as coffee prices have gone up this season as compared to same period last year (reports All Africa). Ugandan Coffee Farmers Smile The price of fresh coffee cherries has gone up to Shs1,200 per kilo compared to Shs800 last year, meanwhile a kilo of dried robusta coffee is Shs2,400 compared to Shs2,000