September 10, 2021

Coffee News Recap, 10 Sep: Coffee prices rise as Brazil harvest ends, De’Longhi hires Brad Pitt as brand ambassador & 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, 6 Sep – Pact Coffee launches its first-ever brand campaign in UK. The focus of the multimedia campaign is raising consumer awareness about social and economic inequity across the coffee supply chain. The “Make a Pact to fix it” campaign will run across print, radio, and social media.
  • Mon, 6 Sep – Results of first-ever Taiwan Private Collection Auction announced. The average bid/lb was US $94.50, with a total of over US $51,000 winning bids. Buyers included coffee companies from Taiwan, the US, France, Japan, Canada, and Saudi Arabia. The highest price was for a coffee from Zhuo Wu Mountain Coffee Farm, with a cup sccore of 89.77 points.
  • Mon, 6 Sep – Coffee prices increase on CEPEA index as Brazil 2021 harvest ends. On 27 August, CEPEA stated 85 to 95% of coffee had been harvested in the country. The effects of extreme weather on this year’s harvest led to arabica prices increasing 8.87% to US 212.52 cents per bag on 30 August. Robusta prices also continue to increase, having reached US 139.73 cents per bag on 3 September.
  • Mon, 6 Sep – KeepCup launches 2021 Reuse Survey. The survey includes questions on consumer reusable cup behaviour. Data collected will be used to inform the company’s life cycle analysis, leading to improved reusable cup campaigns.
  • Mon, 6 Sep – Slow Coffee Festival 2021 to be held on 11 & 12 September. The in-person festival will be held in Bucharest and will also host the 2021 Romanian AeroPress Championship. Events include a private cupping hosted by the FNC and sessions led by Artisan Coffee Gear. Admission is free.
  • Tue, 7 Sep – London social enterprise Well Grounded celebrates 5th anniversary. Its specialty barista training academies have trained 468 people since opening, with 224 of the participants entering work, education, or further training upon graduation. As part of its anniversary campaign, Well Grounded launched a video showcasing graduates from its training academies.
  • Tue, 7 Sep – Co-operative Group partners with Fair Trade Africa. The retail business chain announced its commitment to spend more than 0.7% of its pre-tax profit on international aid in its new Climate Justice for People and Planet report. The partnership with Fairtrade Africa will aim to provide long-term investment for farmers, supporting them to adapt to climate change.
  • Tue, 7 Sep – FNC announces Colombian coffee production decreased 16% in August. The FNC stated last month’s production totalled 915,000 bags, compared to 1.1 million in August 2020. Throughout 2021, production dropped 8%. FNC says the decreases are due to logistical issues with export – mainly road blockades from protests in May.
  • Tue, 7 Sep – GAIL’s bakery plans store expansion. The bakery and coffee chain opened its 72nd location on 3 September in Kew, London. Tom Molnar, Gail’s CEO and co-founder, says that falling rental prices are an incentive for expansion.
  • Wed, 8 Sep – Colombia becomes first country to sign Coffee, Forest & Climate Agreement. The agreement aligns with the Paris Climate Agreement and UN’s Sustainable Development Goals. The main objectives cover climate change adaptation, and conservation and restoration of forests in coffee-growing regions. Some 10% of global coffee production will be affected by the agreement.
  • Thu, 9 Sep – Kruve expands glassware range. The Imagine line is aimed specifically for milk-based beverages: 250ml (8.5oz), 200ml (6.5oz), and 150ml (5oz) for lattes, cappuccinos, and cortados, respectively. Sets of two glasses of any size are priced at US $39.99.
  • Fri, 10 Sep – Results announced for 2021 Best of Yemen Auction. The auction was hosted by ACE and Qima Coffee. Buyers from 12 countries purchased 22 winning lots for an average US $63.26/lb. Total sales amounted to US $385,531.89. Qima Coffee pledged to donate 10% of all auction proceeds to the Qima Foundation’s Tomorrow’s Leader programme – a social initiative supporting Yemeni single mothers and their families.

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

  • Sat, 28 Aug – US Starbucks employees attempt to form union. Fifty workers in Buffalo, NY announced the formation of an organising committee in a letter to Starbucks CEO Kevin Johnson. If successful, it would be the first union in the US of its kind.
  • Wed, 1 Sep – Eureka releases Mignon Single Dose grinder. The new prosumer model’s tilted design is said to minimise grind retention. The Mignon Single Dose is part of Eureka’s 100th anniversary Oro series.
  • Thu, 2 Sep – EG Group to progress with Leon expansion after 60% revenue increase. Sales revenue reached £4.7 billion (US $6.5 billion) for Q2 2021 financial results. EG Group acquired Leon in April 2021 for around £80 to 100 million (US $111 to 139 million). EG Group plans to open 10 new locations of the food and coffee-to-go chain.
  • Fri, 3 Sep – Taste Coffee & More partners with Sanremo. The Treviso roaster now uses Opera Octane and Café Racer espresso machines. A dedicated space for the CUBE, the new single-group machine from Sanremo, is set to open in the café shortly.

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

Photo credits: @paulo.hert