June 25, 2021

Coffee News Recap, Jun 25: Winners of CoE Guatemala & Costa Rica announced, USDA forecasts drop in coffee production & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories.

  • Monday, 21 Jun – RECLAIM Sustainability! programme launched in Honduras. The five-year programme is a partnership between Solidaridad, Fairfood, TrustAfrica, and Business Watch Indonesia. The initiative promotes social and gender equity and traceability throughout Honduran coffee supply chains. Results from the pilot project at Capucas Cooperative will be submitted to the Sustainable Coffee Platform to promote more widespread use.
  • Monday, 21 Jun – farmer connect launches sales of first two coffees. The UCC Coffee and HEMA-backed blockchain system is selling both Rwanda and Colombian single origin beans. Customers can trace coffees back to farmers via QR codes using the Thank My Farmer app.
  • Monday, 21 Jun – Winners of 30th Ernesto Illy Quality Award announced. The award recognises the best coffee producers in Brazil. Agro Fonte Alta (South Minas), Daniella Romano Pelosini (São Paulo), and José Marques de Araújo (Matas de Minas) were the highest-scoring competitors. The 6th Ernesto Illy International Coffee Award will take place in December.
  • Monday, 21 Jun – Entries for 2021 Guatemala CoE winners announced. There were 28 CoE winning lots, with 4 farms scoring over 90 points. The highest-scoring lot was a washed Gesha from El Injerto I in Huehuetenango, which scored 90.51 points – the farm’s 11th win since 2006. All winning coffees scored over 87 points. The CoE Guatemala auction will take place on July 27.
  • Tuesday, 22 Jun – Era of We launches digital coffee platform. The Swedish company created the end-to-end digital service to connect coffee growers to roasters and consumers. Farmers can set their own prices on the platform and develop their own farm-based coffee brands. Löfbergs will feature as the first roaster on the platform.
  • Tuesday, 22 Jun – Entries for 2021 Costa Rica CoE winners announced. There were 30 CoE winning lots, with four farms scoring over 90 points. The highest-scoring lot was a honey processed Gesha from Pie San in Tarrazú, which scored 90.89 points. All winning coffees scored over 87 points, including 15 Geshas. The CoE Costa Rica auction will take place on July 29th.
  • Tuesday, 22 Jun – US Supreme Court finds Nestlé and Cargill not guilty of child labour offences. The case was brought against the two companies who purchased cocoa from farms in Côte d’Ivoire, where six Malian children claimed to have been trafficked and forced to work. The court ruled 8-1 that, although the companies provided farms with equipment and resources, there was no evidence showing actions made in the US directly led to the alleged crime.
  • Wednesday, 23 Jun – Cometeer releases new Panama Stellar capsule range. The pods are produced in collaboration with Panamanian farm Finca Sophia and San Francisco roasters Equator Coffees. The Stellar Series is priced at US $99 for 20 capsules, including four different coffees.
  • Thursday, 24 Jun – SCA announces Green Coffee Summit. The virtual event and resource library will explore a range of topics in English and Spanish, focusing on green coffee buyers and sellers. The event will take place from August 25-26.
  • Thursday, 24 Jun – Krispy Kreme estimates US $3.9 billion IPO value. The bakery and coffee chain aims to raise between US $560-640 million through the IPO. The company states it would use proceeds to repay debts, repurchase common stocks, and fulfil tax obligations.
  • Thursday, 24 Jun – Mercon partners with Conservation International for climate-friendly initiative. The joint programme will focus on reducing carbon emissions and carbon storage systems. The project begins with assessing Mercon’s LIFT programme that provides agricultural, environmental, and social practices for coffee farmers. The assessment allows Mercon to estimate carbon storage and GHG emissions from the LIFT programme.
  • Friday, 25 Jun – Dunkin’ launches new summer beverage range. Sunrise Batch Iced Coffee, Smoked Vanilla Cold Brew with Sweet Cold Foam, and Smoked Vanilla Iced Latte are available at US locations. ElectroBrew will be available at selected US stores, made using cold brew and coconut water. Dunkin’ will also debuting two flavours of kombucha for the first time: Fuji Apple Berry and Blueberry Lemon.
  • Friday, 25 Jun – K+ Coffee launches in UK. The company’s Drip Coffee Bags are marketed towards Gen Z and Millennial consumers. The single-serve coffee bags are available in seven flavours, including Blue Mountain blend.

Here are a few news stories from previous weeks that you might find interesting. Take a look.

  • Friday, 18 Jun – Sales of Coffee Coin to begin on July 1. The cryptocurrency was created by Minasul co-op in Brazil. Each Coffee Coin equates to 1kg of commodity-grade green coffee, with value continuously updated to reflect market prices.

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