Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note The NCA’s latest National Coffee Data Trends report shows that 66% of US adults drink coffee each day. This figure is higher than past-day consumption of tea, juice, soda, and bottled water and up nearly 7% since 2020 […]
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Since 2 April, news has been flooded with reports on how the Trump administration’s tariffs will send the cost of goods, including coffee, soaring in the US – one of the world’s biggest consumers of coffee. The repercussions
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note On 2 April, in a shocking yet predicted move, US President Trump announced sweeping tariffs on more than 180 countries. Effective 5 April, there is a universal 10% tariff on any imports coming into the US. For some
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Between January and February, some of Brazil’s key coffee-growing regions experienced only 40 days of rain. According to industry experts, this is significantly fewer than what is needed for optimal cherry maturation, and the residual impact may last
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Two weeks after hitting US $4.41/lb, the highest number in the history of the C market, arabica futures dipped below $3.80. Precipitated by record exports from Brazil and a rebound in global arabica inventories, the downward trajectory isn’t
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Prices are the burning issue in the coffee industry – and will be for the foreseeable future. On Monday, arabica futures increased by 6% to an all-time high of US $4.38/lb after reports that producers in Brazil, who
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note For the first time in its history, the arabica futures market has reached over US $4/lb. This unprecedented high – largely due to supply shortages in Brazil, dwindling global stockpiles, and US President Trump’s tariff threats to Colombia
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Conab, part of the Brazilian Ministry of Agriculture, Livestock and Food Supply, reduced its estimate of the country’s 2024-25 harvest by 600,000 60kg bags this week. The downward revision, largely expected, is the result of continued adverse weather
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note The coffee industry is expected to face more challenges in 2025. Although coffee futures ended December 2024 at a low, several market analysts have predicted that lower-than-expected Brazilian harvests could push arabica futures over US $4/lb this year.