August 13, 2021

Coffee News Recap, 13 Aug: Arabica prices projected to rise 13% by end of 2021, BOP 2021 announces winners & other stories

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

  • Mon, 9 Aug – Royal Coffee to host hybrid palate development class in September. On 23 September, Royal Coffee will hold a combined virtual and in-person tasting event on spices and floral notes. Remote attendees can order tasting kits, while fully vaccinated attendees can purchase limited in-person tickets. Registration closes on 7 September.
  • Mon, 9 Aug – Best of Panama 2021 competition announces winners. The Nuguo fermented coffee from Café Gallardo placed first in the natural Geisha category, achieving 94.75 points. The highest scoring coffee in the washed Geisha category was from Itza Priscila Sittón Vega de Amar, receiving 93.50 points. The BoP auction will be held on 22 September.
  • Mon, 9 Aug – Fellow releases Shimmy Coffee Sieve. The sieve includes metal filters under 200 microns to remove microfines. The Shimmy Coffee Sieve’s design was inspired by cocktail shakers.
  • Mon, 9 Aug – New tree species named after Puro Fairtrade coffee. Puro tree (Sciadophyllum Purocafeanum) was discovered in Ecuador in 2019. It is now the third tree species named after Puro Fairtrade coffee, following the Puro frog and Puro orchid. Puro Fairtrade coffee focuses on sourcing beans from environmentally sustainable initiatives.
  • Tue, 10 Aug – Gong cha to open Covent Garden location. The Taiwan bubble tea company operates over 1,500 stores in 21 countries. The new London location will include 40 different options for customising drinks.
  • Wed, 11 Aug – COE El Salvador 2021 auction results announced. Buyers included those from the US, Japan, China, Thailand, and Saudi Arabia. The highest scoring coffee (a semi-washed Pacamara) was purchased for US $70/lb by Big Face Coffee – led by NBA player Jimmy Butler.
  • Wed, 11 Aug – Dunkin’ releases new autumn menu items. The Pumpkin Cream Cold Brew and Pumpkin Spice Signature Latte will be available on 18 August. The brand is also launching a “100% Guatemalan Coffee” as part of its single-origin Limited Batch Series.
  • Wed, 11 Aug – Caravela Coffee achieves carbon neutral operations. The company has become the world’s first green coffee trader to achieve the Carbon Neutral Silver Standard certification. The certification was granted by One Carbon World, a partner of the UN’s Climate Neutral Now initiative. By 2025, the company aims to certify every kilogram of coffee produced as carbon neutral.
  • Thu, 12 Aug – REBBL launches “STACKED COFFEE” RTD line. The oat milk coffee product range comes in Café Mocha, Vanilla Latte, Hazelnut Latte, and Straight Black flavours. The RTD products also include reishi and lion’s mane mushroom extracts.
  • Fri, 13 Aug – Bellwether Coffee releases 2020 sustainability report. The roasting solutions company states revenue grew over 100% as installations of its roasters doubled compared to 2019. Bellwether was able to reduce CO2 emissions by 896,096 lbs (406,462 kg) throughout the year, and sustainably sourced over 390,000 lbs (176,901 kg) of coffee.

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

  • Wed, 4 Aug – Starbucks Korea partners with MINI Korea for new campaign. New beverages include Zest Green Blended, Ruby Red Chilling Ice Tea, and Rooftop Grey Latte. The partnership will include MINI+Starbucks brewing cars – serving coffee and other beverages from the Starbucks Korea menu.
  • Thu, 5 Aug – JDE Peet’s publishes 2021 first half financial results. Sales increased by 4.2% compared to the same period in 2020, fuelled by the at-home market. Peet’s also launched its first range of flavoured K-Cup capsules, including Caramel Brûlée, Vanilla Cinnamon, and Hazelnut Mocha.
  • Thu, 5 Aug – Café Santo Domingo expands distribution in US. Dominican company Industrias Banilejas and US company Goya Foods signed an agreement for the distribution of Café Santo Domingo products in the northeastern US. Café Santo Domingo is considered to be one of the Dominican Republic’s largest coffee distributors.
  • Fri, 6 Aug – TORR Industries launches three new cold brew systems. The Brew50, TwinBrew, and Quadbrew are designed to accommodate small, medium, and large-sized coffee businesses, respectively. TORR claims the machines can extract batches of cold brew in under 2 hours.
  • Fri, 6 Aug – Coffee startup Morning closes series A funding round. The Singapore capsule machine company received US $1.27 million in its funding round from technology firm Razer. Investments will be used to fulfil back orders and international market expansion.
  • Fri, 6 Aug – Fairtrade Fortnight begins to promote Fairtrade products. The annual campaign runs from 6 to 19 August, and encourages retailers to raise consumer awareness of the Fairtrade brand. Gender equity, environmentally sustainable practices, and ending child slavery are focuses of the campaign, including in coffee supply chains.
  • Sun, 8 Aug – Starbucks launches two new Pumpkin Spice retail products. The Pumpkin Spice Non-Dairy Creamer is made with almond milk, oat milk, coconut oil, and pea protein. The Pumpkin Spice Cold Brew Concentrate includes arabica coffee with pumpkin, cinnamon, and nutmeg flavours. Both products will be available in US supermarkets.

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Want to keep up with current affairs in the coffee industry? Check out last week’s stories.

Photo credits: Fernando Pocasangre