August 27, 2021

Coffee News Recap, 27 Aug: Six new coffee species found in Madagascar, Ethiopian exports in July over 30,000 tonnes & other stories

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

  • Mon, 23 Aug – Ember debuts on annual Inc. 5000 list. The list comprises the fastest-growing private companies in the US. Ember has made over US $80 million from its temperature-controlled thermal mugs.
  • Mon, 23 Aug – COE Honduras 2021 auction results announced. The highest-scoring coffee (a washed Gesha from Finca Santa Lucia, 90.67 points) received a highest bid of US $58.50/lb. The highest bid per lb was for a natural Typica from Platanares at US $75.20. Total earnings from the auction reached over US $468,000.
  • Tue, 24 Aug – Lamastus Family Estates 2021 auction results announced. The highest bid received was US $4,100/lb for a natural processed coffee from Boquete, Panama. A total of 5.5 lbs were purchased by east Asian buyers – totaling US $22,550. Total earnings from the auction amounted to over US $335,000.
  • Tue, 24 Aug – Smile Beverage Werks joins US Plastic Pact. The initiative aims to create a circular economy for plastics in the US by 2025. Smile Beverage Werks has committed to several plastic circular economy goals, including recycling or composting 50% of its plastics by 2025.
  • Tue, 24 Aug – Strauss Group releases 2021 second quarter financial results. Coffee sales contributed significantly towards the group’s increased revenue, with Strauss Coffee’s revenue increasing by 13% on the same period in 2020. The reopening of Elite Coffee Café locations in Israel was a significant driver of growth.
  • Tue, 24 Aug – Six new coffee species found in Madagascar. Researchers from Kew Gardens discovered Coffea callmanderi, C. darainensis, C. kalobinonensis, C. microdubardii, C. pustulata, and C. rupicola in the northern region of the island. Madagascar is home to 65 different coffee species.
  • Fri, 27 Aug – COE Brazil 2021 to take place on 18 November. Despite extreme weather damaging coffee crops this year, the BSCA is confident Brazilian farmers will submit high-quality lots. Producers can apply to the competition until 8 September.
  • Fri, 27 Aug – Dunkin’ partners with Harpoon Brewery on new beer range. The Harpoon Dunkin’ Pumpkin Spiced Latte Ale, Blueberry Matcha IPA, Maple Crème Blonde Ale, and Midnight American Porter will be available in US stores from September. Harpoon Brewery’s Boston location will host the first-ever Dunkin’ Walk-Thru on 30 August, selling the new beers as well as the Dunkin’ Harpoon IPA Donut.
  • Fri, 27 Aug – Nespresso trials drone delivery services in Israel. Capsules will be delivered to customers in Tel Aviv-Jaffa in partnership with several technology companies. The trial will assess the viability and safety of using drones to deliver Nespresso products.
  • Fri, 27 Aug – LHC Coffee to expand throughout southeast Asia. The Hong Kong specialty coffee roaster will partner with Riverside Holdings under a franchise agreement. LHC Coffee locations will open in Singapore, Indonesia, Malaysia, Vietnam, Thailand, and the Philippines.

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

  • Fri, 13 Aug – Roastelier hosts Instagram Live for launch in Brazilian market. The first countertop Roastelier machine from Nestlé Professional is available at A Ventana Café in Pinheiros, São Paulo. More machines will be in use at Kofi&Co and Perseu Coffee House soon. Through the Roastelier solution, roasters can access Brazil, Colombia, and Ethiopian “Prime Roast” beans.
  • Mon, 16 Aug – Tim Hortons China public merger valued at US $1.7 billion. The company will go public on the Nasdaq through its merger with Silver Crest Acquisition Corp. Tim Hortons China will aim to open 2,500 stores over the next five years – 1,000 more outlets than previously planned.

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Photo credits: Nicole Motteux