Raw coffee at it’s highest in Vietnam
The Ministry of Agriculture & Rural Development’s Agro, Forestry & Fishery Processing & Salt Industry has revealed raw coffee prices in the Central Highland provinces of Vietnam has gone up to it’s highest level in 3 years, reports Talk Vietnam. FOB price for Robusta coffee at the Sai Gon Port saw a rise by $88 per to $2,043. Vietnam exported 121,000 tonnes of coffee in the first 10 months of this year. This brought about earnings of up to $246 million with Germany and the US being the two largest export markets holding 15.2% and 13.2% respectively in the first nine months.[Sign in to continue]
Tag: Usa
Coffee Growers Benefit $10M from Bloomberg Philanthropies
Bloomberg Philanthropies announced a $10 million grant to the Relationship Coffee Institute. This announcement came at its US-Africa Business Forum that took place on September 21, 2016. According to the report by Daily Coffee News, the grant will help in the improvement of the lives of women coffee farmers in the DR Congo and Rwanda. This will be done through
Dunkin’ Donuts New Cold Brew
Dunkin’ Donuts has decided to add a new cold brew on its menu ( boston.com, businessinsider and fortune ). The chain is partnering with Coca-Cola for its first attempt to launch a new product in ready-to-drink coffee market in the US. The official launch is expected early in 2017. Manufactured, distributed and sold by Coca-Cola, Dunkin’ Donuts’ iced coffee will be made available
Moustache Coffee Club Absorbes Root Coffee Roasters
Moustache Coffee Club, the American coffee subscription company, has absorbed its nano-roasting offshoot, Root Coffee Roasters, both of which were founded by recent Irish transplant Sean Reilly. The coffees are sourced primarily through Nordic Approach and profiled by Reilly on a Quest M3 roasting machine. Production is then completed on a partner roaster’s Probat in Culver City through a toll-roasting agreement. Moustache Coffee Club has just finished its second round of
PJ’s Coffee of New Orleans comes to Vietnam
PJ’s coffee of New Orleans aims to extend business overseas with the opening of their first store at Vietnam’s Ho Chi Minh city at Vincom B centre shopping mall (Dailyjournal.net). The company even plans to further extend the operation by opening another store in Vietnam by this December and ten more at different international locations in the next five years. Originally the
Sparrow Coffee Roastery to open first café in Naperville
Top Chicago coffee roastery will be opening it’s first café in Naperville in mid-January, report Chicago Tribune. DeEtta’s Bakery, which is the only Naperville business to serve Sparrow coffee will create special pastries that will sell with the java. Chris Chacko, founder and CEO of Sparrow Coffee Roastery says, what is missing in Naperville now is a decent coffee, hence
S&D Coffee & Tea acquired by beverage Giant Cott corporation
One of the largest coffee companies in the United States, North Carolina-based S&D Coffee & Tea has been acquired by the Canadian beverage company Cott Corporation. The purchase price was approximately $355 million, according to a Street Insider report. Jerry Fowden, Cott’s Chief Executive Officer said, “After closing the S&D acquisition, we will have a leading position in the coffee and tea foodservice industry
Africa’s Top Coffee-Exporter Output to reach its highest in 2016-17
The biggest coffee exporter in Africa is likely to increase its output by 5 percent next season since trees planted in Uganda in the past few years started producing. The nation’s regulator said that weather improvement played a major part (Bloomberg.com). Also, Bloomberg reports that coffee production through September 2017 is estimated to climb to 4.2 million 60-kilogram (132-pound) bags, from 4 million bags projected for the season ending
Kona Coffee, Hawaii. The Champagne of Coffee
Hawaii is not only part of a fabulous archipelago in the Pacific, rich in flowers and sea life, but also rich in soil able to grow the coffee plants that produce one of the most expensive coffees in the world. The most famous Hawaiian coffee is “Kona”, cultivated on the slopes of Hualalai and Mauna Loa, in the North and South Kona Districts
The Compak Golden Bean Coffee Roasters Competition and Conference
The Compak Golden Bean coffee roasters competition and conference will take place in North America this year. This networking and education event for roasters in Australia is being hosted for the second time in North America, at Castaway Portland, Oregon from 14th – 17th September 2016. The Compak Golden Bean aims at finding North America’s best coffee roasting business. More