Browsing tag
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note After reaching an all-time high in mid-December 2024, arabica futures have since been on a steady upward trajectory, compounded by ongoing supply shortages in Brazil and Vietnam. But this week, in a shocking turn of events that caused […]
Coffee Industry Commits $10 Million to Secure Sustainable Supplies Investment in coffee breeding and seed systems to drive origin diversity, sector growth, and climate resilience World Coffee Research (WCR) announced today that the global coffee industry has renewed its $10 million commitment to bolster coffee breeding and seed sector programs worldwide. With over 190 member […]
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note After weather reports estimated a drop in rainfall levels below historical averages, the Intercontinental Exchange contract for arabica climbed 1.7%. Over the past few weeks, arabica futures have remained steady, slightly above the US $3.2/lb mark; however, market […]
Circular Economy: Is the Coffee Industry Ready for a Sustainable Shift? The global coffee industry stands at a pivotal moment as it grapples with the challenge of aligning growth with sustainability. The International Coffee Organization’s (ICO) December 2024 report provides a detailed examination of the coffee sector’s readiness for a transition to a circular economy, […]
Reflecting on the coffee industry in 2024, one prevailing trend stands out: the wave of acquisitions that has reshaped the landscape of green coffee trading and specialty coffee brands alike. Economic challenges, evolving consumer demands, and the pursuit of innovation have propelled larger entities to absorb smaller players, fundamentally altering dynamics in green coffee sourcing, […]