Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories.
Mon, 5 Dec
- Applications open for PRF El Salvador Mayorga Scholarship. Successful applicants of the scholarship programme, which is funded by PRF Diamond Sponsor Mayorga Coffee, will receive a free ticket to the two-day forum. Mayorga Coffee will sponsor 500 Salvadoran farmers to attend the event, which will be held in San Salvador on 16 and 17 March 2023.
- Australian and Thai competitor Jibbi Little wins 2022 World AeroPress Championship. Belgian competitor Simon Derutter placed second and Singaporean competitor Jennifer Rui Ping Ho came third in the competition.
- Annual New Orleans Coffee Festival to be held on 15 and 16 September 2023. NOLA Coffee Festival celebrates the city’s famous coffee culture, and will include an exhibition, speaker sessions, and workshops.
- Actor Tom Hanks launches veteran-supporting HANX coffee brand. The company, which sells roast & ground coffee, capsules, and instant coffee products, donates 100% of net profits to organisations which support veterans and their families.
- Ethiopian Coffee and Tea Authority reports US $526 million in export revenue during first four months of 2021/22 fiscal year. The authority says this represents a US $126 million increase compared to the same period in the previous year, and adds that Germany, the US, and Saudi Arabia are its three main export destinations.
- Roberto Vélez resigns as president of National Federation of Coffee Growers of Colombia. During the 90th National Congress of Coffee Growers, Vélez announced that Colombia’s export revenue reached a record high of US $14.5 billion. The FNC will begin electing a new president in the coming months.
- Trish Rothgeb joins Coffee Quality Institute as Quality Evaluation Specialist. Rothgeb, who is the CEO of Wrecking Ball Coffee Roasters, will help to develop CQI’s educational programmes.
Tue, 6 Dec
- Price of coffee dropped by 12.3% in November says International Coffee Organisation. In its latest monthly report, the organisation says that while average prices for all group indicators decreased in November, the ICO Composite Indicator Price stabilised around US 160 cents/lb last month.
- Filipino fast food chain Jollibee reportedly selling a minority stake in Highlands Coffee. Reuters reports that the company is set to close a deal which will see it offload up to 15% of its stake in Highlands Coffee – a Vietnamese coffee chain. The deal could value Highlands Coffee at around US $800 million.
- EU agrees on law which prevents sales and imports of coffee and other commodities linked to deforestation. According to Reuters, the new law requires companies to demonstrate that products in their supply chains are not contributing to deforestation before they import coffee, palm oil, soy, and other commodities into the EU. The law still requires final approval from EU members and the European parliament.
- Scottish roaster Cairngorm Coffee airs online and televised Christmas advert. The ad has attracted more than 22,000 hits on YouTube in two weeks. Founder Robi Lambie says the roaster spent its annual marketing budget on the ad, but feels that it “shows what can be achieved on a smaller-scale budget”.
- Cup of Excellence Peru 2022 sees highest bid of US $78.50/lb. The total price paid for 363.76lbs of the highest-scoring coffee (a washed Gesha from La Bola) was US $27,282. The auction brought in more than US $303,504, with an average price of US $17.02/lb.
- Bellwether Coffee partners with Fairtrade International to implement Living Income Reference Price in Guatemala. The two companies worked with several co-operatives and importers to create a baseline price of US $3.40/lb of green coffee, which Bellwether says is 13% higher than the last contract it signed.
- Research and Markets says cold brew sales and rising Gen Z income will be biggest drivers of growth in global coffee market. The market analyst says the value of the global coffee market is expected to reach US $167.5 billion by 2027, growing by 7.6% year-on-year.
- Pret A Manger partners with Dallas Holdings to expand operations in Southern California and New York. Last year, the food and coffee-to-go chain announced it would use franchise partnerships to double the size of the company over the next five years.
- Disneyland Paris names Lavazza as official coffee partner. The theme park will serve Lavazza and Carte Noir coffee until 2027, and will also continue to operate its Starbucks locations.
Wed, 7 Dec
- Boutique coffee shop Cherrished sells limited-edition cannisters of “world exclusive” Gesha Esmeralda Special LINO 72AS from Hacienda La Esmeralda. Each “Cherrister” contains 150g of coffee and is priced at £180 (US $219.67).
- Japanese coffee chain % Arabica opens first store in Indonesia. The flagship Indonesian store, which opened in Jakarta’s Central Park Mall, is set to be the first of several in the country.
- Luckin Coffee plans for rapid franchise expansion in China. The Chinese coffee chain will begin expansion in the northeast of the country, followed by another 41 cities in the coming months.
- Franke Coffee Systems appoints 2021 World Barista Championship finalist Wojciech Tysler as brand ambassador. Tysler is the 2019 Irish Barista Champion and owner of Blind Monkey Coffee. Tysler says the brand ambassador role will enable him to demonstrate his “passion for the perfect cup of coffee and outstanding hospitality”.
- Gruppo Cimbali launches new Coffee Technician Wheel at 2022 Coffee Technicians Guild Summit. The company says the new tool will allow technicians to better understand the variables which influence espresso extraction, and can be used “as a compass that guides technicians in choosing the best settings for achieving certain sensory characteristics”.
- Tim Hortons launches holiday TV advert and children’s book to support UN Refugee Agency. To accompany the new “KindNest” TV campaign, the Canadian coffee chain has partnered with illustrator and graphic designer Veronika Kotyk on the book A Nest in the North. Tim Hortons says all proceeds of the book will be donated to UNHCR.
Thu, 8 Dec
- New Australian start-up Acuratore launches e-commerce coffee platform. The company currently sells coffee from seven roasters in the country.
- Toddy Cold Brew Championship to return at PRF El Salvador. The first competition of its kind took place at last year’s PRF Colombia, with barista Mauricio Romero placing first. Competitors are required to use Toddy’s Cold Brew Cupping Kit and filters to prepare cold brew in three different ways. The Toddy Cold Brew Championship will be held at PRF El Salvador on 16 and 17 March 2023.
- Specialty Coffee Association hosts webinar on Carbon and Coffee Report. The webinar discussed findings in the SCA’s latest report entitled Carbon and Coffee: GHG Emission Reductions Progress and Strategies Across the Value Chain, as well as suggesting best practices to reduce carbon emissions in the coffee industry.
- New Zealand’s Flight Coffee partners with ice cream company Deep South for Caramel Frappé flavour. The ice cream is made using Flight Coffee’s Bomber Blend and is available at most New Zealand supermarkets.
- US brand Reborn Coffee acquires coffee shop and roasting R&D facility in South Korea. The US coffee retailer says the acquisition of the Daejeon shop and roasting facility is part of its global expansion strategy.
- Kahlúa’s Coffee for Good project achieves 100% traceable arabica coffee. The coffee liqueur manufacturer says it sources all coffee from four farming communities in Mexico which are part of the project.
- Ethiopian Embassy to showcase its coffee in UK. The exhibition will be the first in the UK to exclusively showcase Ethiopian coffee, and will include cupping sessions, roasting technique demos, coffee tastings, and short presentations by coffee professionals from across Ethiopia.
- illycaffè launches X9 iperEspresso machine. The company’s latest version of its popular capsule machine machine uses a patented two-stage brewing process to create espresso-style beverages.
Fri, 9 Dec
- Slingshot launches new on-demand Sisma grinder. The Australian grinder manufacturer’s new model includes a “Vibration Levelling System”, which it says helps to improve distribution. The Sisma is also available with three different burr sets.
- Colombian coffee exports drop by 25% in November. In the last 12 months, the country’s coffee exports have fallen by 8% to 11.5 million 60kg bags. Last month, exports decreased to 854,000 60kg bags, compared to more than 1.1 million bags in the same month in 2021.
- Globo Rural Magazine names Fazenda Pinhal as Brazil’s most sustainable farm. Pinhal was recognised for “its unique use of technology and sustainable crop management through the preservation of flora and fauna, and reduction in fertiliser and pesticide [use]”. The farm sells coffee to buyers in the UK, Germany, Finland, Australia, Saudi Arabia, and China.
- World of Coffee Dubai 2023 to host UAE Barista Championship from 11 to 13 January. The second event of its kind is expected to attract more than 300 exhibitors, and will also include the Roaster Village, educational workshops, and the Coffee Design & Best New Product Awards.
- Musician Mick Fleetwood launches coffee company. Mick Fleetwood Coffee Company sells whole bean, roast & ground, and coffee capsules sourced from Hawaii, Kenya, and Central America – and also offers a subscription service.
- Bazzara joins the International Women’s Coffee Alliance. The Italian roaster will dedicate several pages of upcoming updated editions of its books, The espresso coffee production chain and Coffee tasting, to the non-profit organisation.
- Coffee machine manufacturer Eversys opens new office in Dubai. The company says the new office will help to expand its presence in the Middle East, India, and North Africa, and will include a showroom and lab experience.
Here are a few news stories from previous weeks that you might find interesting. Take a look.
- Thu, 24 Nov – Korean venture company YOLK launches Ayantu coffee brand at Café Show Seoul. Proceeds of sales of Ayantu coffee are donated to YOLK’s Solar Cow social initiative, which helps to improve children’s access to education in Africa by providing their parents with electricity.
- Mon, 28 Nov – International Women’s Coffee Alliance Australian Chapter appoints 2023 board members. The board will be led by new president Veronica Ponce, with Melissa Garcia serving as Vice President and Public Officer.
- Mon, 28 Nov – Oregon’s Catalyst Trade expands into Peru. The green coffee trader also sources coffee from Kenya and Ethiopia. The company’s first Peruvian coffees are on sale now.
- Tue, 29 Nov – Nestlé and Starbucks launch RTD Frappuccino range in Australia. The new RTD products will initially be sold at Woolworths, IGA, 7-Eleven, BP, and EG Group stores.
- Wed, 30 Nov – French-Japanese chain Café Kitsuné opens first Singapore location. The store opened at the Capitol Singapore mall. Café Kitsuné operates in several countries, including France, the US, South Korea, and China.
- Wed, 30 Nov – TechnoServe launches Burundi Better Coffee Initiative. The non-profit says the initiative will support the livelihoods of 60,000 coffee-farming households over the next five years, and will seek to resolve issues such as poor soil health and climate change. Partners of the project include the Kahawatu Foundation, the Coffee Quality Institute, and the Burundi Development Agency.
- Thu, 1 Dec – International Coffee Partners panel discussion affirms that “strengthening farmers in a holistic way makes them more resilient to crises“. The event included prominent industry professionals such as Vice Chairman of the Lavazza Group, Giuseppe Lavazza, and Technical Coordinator at Hanns R. Neumann Stiftung Central America, Claudia Muñoz.
- Thu, 1 Dec – Krispy Kreme to open its first Jamaican store in 2023. The coffee and doughnut chain says it aims to open the St Andrew location in the first quarter of the year. Jamaican stores will be operated by new franchise partner Restaurant Associates Limited.
- Fri, 2 Dec – Food and beverage company Agthia Group acquires majority stake in Egyptian coffee brand Auf Group. Agthia says the acquisition of the 60% majority stake will help to expand its presence in Egypt.
- Fri, 2 Dec – Tenth annual Cerrado Mineiro Regional Coffee Awards takes place in Brazil. The award scheme recognises excellence in the regional supply chain. Sales from the accompanying coffee auction totalled R $629,602 (US $119,204.44) – some of which will be donated to the Hospital de Amor in Minas Gerais.
- Fri, 2 Dec – Blank Street Coffee in talks to raise new funding round to fuel expansion. According to Bloomberg, the New York coffee chain is discussing new funding opportunities with investors, and aims to raise around US $200 million to open new locations in the US and UK.
- Sat, 3 Dec – Luxury sportswear brand Daniel Patrick partners with NBA player Jimmy Butler’s BIGFACE coffee brand. The exclusive collection, which includes coffee products and merchandise, was launched at the Art Basel pop-up store in Miami, Florida, which also featured an espresso bar.
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The post Coffee News Recap, 9 Dec: Jibbi Little wins 2022 World AeroPress Championship, EU agrees to ban coffee and other imports linked to deforestation & other stories appeared first on Perfect Daily Grind.By: Micky Baker
Title: Coffee News Recap, 9 Dec: Jibbi Little wins 2022 World AeroPress Championship, EU agrees to ban coffee and other imports linked to deforestation & other stories
Sourced From: perfectdailygrind.com/2022/12/coffee-news-recap-9-dec/
Published Date: Fri, 09 Dec 2022 11:15:23 +0000