February 25, 2022

Coffee News Recap, 25 Feb: Brazil’s domestic coffee prices at record high, speaker applications open for PRF Colombia & 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, 21 Feb

  • Domestic coffee prices reach new high in Brazil. In early February, arabica prices on the CEPEA index hit BRL 1,555.19 (US 297.93 cents) per bag – the highest on record since 1999. Since the price increase, arabica prices have remained stable at around US 290 cents/bag.
  • Coffee brands drive Nestlé’s 2021 sales growth. Full-year sales reached CHF 87.1 billion (US $94 billion) thanks to strong sales of Nespresso and Starbucks-branded coffee products. Launches of RTD coffee beverages in southeast Asia, Oceania, and Latin America also helped to drive 2021 sales growth.
  • HostMilano to return in October 2023. The HoReCa and coffee event will be held from 13 to 17 October in Milan, Italy. HostMilano 2021 attracted around 150,000 visitors, as well as hosting the 2021 World Coffee Championships.
  • Coffee Retail Summit 2022 begins. The virtual, free-to-attend event will be held on 21, 23, and 25 February. Each day will explore a different international coffee retail market.

Tue, 22 Feb

  • SIGEP 2022 to be held in mid-March. From 12 to 16 March, the 43rd SIGEP event will be held in Rimini, Italy. The expo focuses on multiple food and beverage industries, including coffee.
  • Origin Trip Experience details confirmed for PRF Colombia. The Origin Trip Experience will be held from 26 to 29 June, including access to the two-day PRF Colombia event in Medellín. Roasters and coffee buyers will stay with producers in some of Colombia’s coffee-growing regions. On-farm activities will include cuppings and roundtable discussions.

Wed, 23 Feb

  • Speaker applications open for PRF Colombia. All coffee professionals are eligible to apply to speak at the two-day event in Medellín from 30 June to 1 July. Successful applicants will be provided with accommodation, meals, and transport for the duration of the event in Colombia. Topics to be discussed at the event include emerging markets and origins, consumer trends, and gender equity in coffee.
  • Slow Food Coffee Coalition holds tasting session for nine origins. The SFCC seeks to promote quality and sustainable coffee production. The initial tasting session included coffees from Cuba, Ethiopia, the Philippines, Honduras, India, Malawi, Mexico, Peru, and Tanzania. The main aims of the tasting were to consolidate the tasters panel and calibrate evaluation criteria.
  • Two new on-demand courses available on PDG Education. Quality Control: Building Relationships through Cupping and Communication is led by Director of Education at Royal Coffee Chris Kornman. Brewing Your Perfect Coffee With your AeroPress is hosted by 2019 World AeroPress Champion and coffee trainer Wendelien van Bunnik.
  • Community of Specialty Coffees project aims to double Peru exports by 2026. The project is organised by Central Café & Cacao del Perú and the United States Agency for International Development (USAID). The project will work with ten co-operatives nationwide and support some 3,200 coffee farmers. USAID anticipates that the project will triple annual income for participating Peruvian coffee farmers.
  • Breedcafs publishes results of F1 hybrid coffee varieties project. Researchers carried out assessments on over 100 farms in Central America, Vietnam, and Cameroon for a four-year period. The results found some F1 hybrids and certain wild Ethiopian coffees were highly adaptable to growing in the shade, while still maintaining high levels of productivity. The research team concluded that the F1 hybrid they called “Starmaya” could be scaled affordably for smallholder farmers.

Thu, 24 Feb

  • Post offices in China to now serve coffee. The state-run China Post opened the first Post Coffee location in the Xiamen International Trade Building. China Post operates some 54,000 outlets across the country. Coffee and tea beverages are priced between CNY 28 and CNY 33 (US $4.43 to $5.22).

Fri, 25 Feb

  • Scottish roaster Matthew Algie to support reforestation projects. In partnership with The John Muir Trust, the new Peak & Wild coffee line will help to restore over 1,000ha of Scottish rainforests over the next three years. The Peak & Wild coffees include the Bracken and Bramble blends, as well as a Brazil single origin – all of which are carbon-negative.
Coffee News Recap 25/2

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

  • Mon, 14 Feb – Sucafina provides school kits for students in Colombia. In collaboration with Impact Partners and the Cooperativa of Occidente de Antioquia, Sucafina distributed school supplies to 72 children in rural communities in Dabeiba, Antioquia. Coffee production is critical for the social and economic development of local families.
  • Wed, 16 Feb – Starbucks ends partnership with Fairtrade UK. Starbucks will no longer source Fairtrade coffee in the UK, Europe, Middle East, and Africa. Starbucks replaced the Fairtrade certification with its own Coffee and Farmer Equity Practices programme, which was developed in partnership with Conservation International.
  • Thu, 17 Feb – Re:co Symposium 2022 announces first speaker line-up. People presenting at the event include Global Head of Sustainability at Neumann Kaffee Gruppe Catalina Eikenberg, coffee content creator Morgan Eckroth, and CEO of World Coffee Research Vern Long. Re:co Symposium will be held on 6 and 7 March.

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Photo credits: Julio Guevara