Coffee

JDE Peet’s says ‘unprecedented’ coffee bean prices fuel $1.9 billion rise in 2025 costs

Coffee and tea firm JDE Peet's soon to be acquired by Keurig Dr Pepper, said on Tuesday that an "unprecedented" rise in prices of green coffee beans and other items…

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Global coffee trade grinding to a halt, hit hard by brutal price hikes

Global coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that suppliers have yet to convince…

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Brazil’s coffee stockpiles dwindle as prices hit record highs

In a Brazilian coffee warehouse usually stuffed with a quarter of a million bags of the aromatic bean, voices echo in the largely empty space at a large producers' cooperative. Reeling…

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Drinking tea and coffee linked to lower risk of head and neck cancer in study

If the only thing getting you through a mountain of present-wrapping is a mug of tea or coffee, be of good cheer. Researchers have found people who consume those drinks…

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Coffee growers look to postpone EU deforestation requirement

The world's top coffee body is set to request that the European Union postpone a requirement that imported beans come from areas not linked with deforestation, the group's head said…

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Mapping Arabica! Nestlé experts develop new database to better identify more climate-resilient coffee plants

With climate change threatening coffee cultivation, Nestlé experts are exploring how advanced data science and artificial intelligence can be leveraged to help select and breed more climate-resilient plants. While more…

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Coffee prices expected to fall toward year end

Global coffee surplus of 3 million bags expected for 2024/25 Brazil's 2024/25 coffee crop seen at 69.5 million bags Vietnam 2024/25 coffee crop seen at 29.5 million bags By Marcelo…

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Scientists claim to have discovered secret to perfect espresso

The key to making a perfect espresso has been argued over by generations of coffee snobs. Now a group of scientists say they have the answer and have singled out…

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Brazil robusta coffee co-op sees at least 15% loss due to weather

(Reuters) - Cooabriel, Brazil's largest robusta coffee co-op, said that above average temperatures and drier-than-normal weather in the main growing areas in Espirito Santo state will likely have a negative…

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US grocery coffee sales fall below pre-pandemic levels

By Marcelo Teixeira NEW YORK, (Reuters) - Sales of coffee at grocery stores in the United States, the world's largest consumer of the beverage, fell to below pre-pandemic levels in…

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Robusta coffee prices skyrocket on blend boost, slow flow

By Roberto Samora and Marcelo Teixeira SAO PAULO/NEW YORK, April 27 (Reuters) - Prices for robusta coffee, historically a cheaper variety than the milder arabica beans, reached the highest levels…

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Brazil coffee exports fall 19% in March from a year ago -industry group

SAO PAULO (Reuters) - Brazil shipped 3.088 million 60-kg bags of coffee abroad in March, 19% less than in the same month a year ago, reflecting lower stocks after two…

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Brazil coffee exports down 35% as farmers hold on to remaining stocks

By Peter Siqueira and Marcelo Teixeira SAO PAULO (Reuters) - Green coffee exports by Brazil, the world's largest supplier, fell 35.8% in February, exporters group Cecafe said , as stocks…

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Coffee prices to drop 12% as global surplus forecast

Arabica coffee prices are forecast to post an annual drop of 12% in 2023, with a large crop in top producer Brazil expected to lead to a global coffee surplus…

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Conab says Brazil’s 2023 coffee crop to rise nearly 8% from previous year

SAO PAULO, Jan 19 (Reuters) - Brazil's 2023 coffee crop is expected to reach 54.94 million 60-kg bags, a 7.9% increase from the previous year, government food and statistics agency…

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Global coffee supply balance surplus expected next season -report

By Marcelo Teixeira NEW YORK (Reuters) - The global coffee supply balance will shift from a deficit of 2.17 million bags in 2022/23 (April-March) to a surplus of 3.74 million…

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Consumers to ditch cafes for coffee at home amid rising prices, says ICO

BOGOTA (Reuters) - Consumers will choose drinking coffee at home over cafes and restaurants due to rising inflation and risks of recession in coming months, the executive director of the…

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‘Almost a luxury’: EU coffee prices up 16.9% in August

Oct 6 (Reuters) - Starting the day with a cup of coffee has become more expensive, the European Union's statistics office said on Thursday, highlighting a jump in the price…

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Brazil coffee crop seen up 16% as trees show mild recovery

Brazil is expected to produce 63.2 million bags of coffee in the 2022/23 season, a 16.6% increase over the previous one, as trees show a relative recovery after last year's…

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Brazil coffee crop down 24.4% in 2021 amid drought, off year for arabica -Conab

SAO PAULO, Dec 16 (Reuters) - Brazil's coffee crop reached 47.7 million 60-kg bags this year, down 24.4% from the record output seen in 2020, the government's food supply and…

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Experts count coffee trees in Brazil as prices hit 10-year highs

NEW YORK/SAO PAULO, Dec 13 (Reuters) - Coffee experts working for commodity trading houses are taking to the narrow, winding roads in Brazil's Minas Gerais state as they tour the…

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Wake up and smell the ‘sustainable’ coffee produced in Finnish lab

With climate change threatening traditional coffee farming, Finnish scientists say they have produced coffee from cell cultures with an aroma and taste resembling the real thing. The VTT Technical Research…

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Retail coffee prices to go up as frost and freight costs bite

LONDON, Aug 6 (Reuters) - The most devastating frost in decades in top coffee producer Brazil and record freight costs sparked by COVID-19 causing massive shipping logjams are expected to…

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Brazil sees frosts hitting up to 11% of arabica coffee area

Unusually strong frosts reported over Brazil's agricultural regions last week hit up to 200,000 hectares (495,000 acres) of arabica coffee farms, or 11% of the total arabica coffee area in…

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Honduras coffee exports jump nearly 30% in June

Honduran coffee exports in the 2020-2021 harvest soared 28.4% in June, compared with the same month in the previous period, following higher shipping commitments, an industry executive said on Thursday.…

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U.S. coffee roasters scramble for Colombian supplies, prices jump

Coffee processors in the United States are scrambling to secure Colombian coffee stocks as recent protests in the South American country have disrupted deliveries to the world's largest coffee consumer.…

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Climate crisis to hit Europe’s coffee and chocolate supplies

Coffee and chocolate supplies in Europe soon could be disrupted by the climate crisis as droughts hit producer countries, according to a study. The research also found a high vulnerability…

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Don’t rely on caffeine to fight sleep deprivation, experts warn

Don't rely on caffeine to fight sleep deprivation after a rough night, experts have warned. Researchers from Michigan State University assessed just how effective caffeine is at counteracting the negative…

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Fewer people in the U.S. drank coffee during the pandemic -survey

Fewer people drank coffee in the United States during the pandemic compared to levels seen before it, although the drink remained by far the most popular in the country, according…

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Coffee industry in Honduras hit badly due to Hurricane Eta

The devastation caused by Hurricane Eta earlier this month hit the Honduran coffee sector hard, causing farmers to lose tens of thousands of bags of beans that would normally be…

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Container shortage delays shipments of Brazil’s record coffee crop

Coffee traders are struggling to ship cargos out of Brazilian ports because of a shortage of available containers or space in vessels to hold them, according to traders and analysts.…

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Brazil coffee farmers see losses from drought in 2021 crop

Brazilian coffee farmers and analysts are expecting losses to the country's 2021 crop due to an extended dry spell hitting most of the producing areas in the world's largest producer…

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Costa Rica coffee exports soar 72% in August, boosted by coronavirus pandemic

Costa Rican coffee exports surged 72.4% in August compared with the same month last year, the national coffee institute ICAFE said on Tuesday, citing a jump in production and growing…

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Guatemala to leave International Coffee Organization

Guatemala has begun the process of leaving the International Coffee Organization (ICO), spurred by concern over falling prices of the commodity, a government official and an industry representative announced.…

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Nespresso stops Guatemala purchases after child labour allegations

An investigation by Britain’s Channel Four alleges links between Swiss coffee brand Nespresso and child labour in Guatemala. The company says it has stopped purchases from the region and is…

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Nespresso invests in reviving coffee from Mozambique

Nespresso announced the signature of a Memorandum of Understanding with the Mozambique’s Gorongosa National Park to promote the local coffee industry, as part of the Nespresso’s Reviving Origins program. The…

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Godiva to move beyond chocolate

The Belgian confectioner Godiva will be rolling out 2,000 cafes over the next six years. They will serve a complete menu of items including an expanded list of coffees and…

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Experts advise waiting for hot drinks to cool down to protect against cancer

A study that has just been issued by the American Cancer Society has found found that drinking 700ml per day of tea (around three cups) at 60C or higher was…

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Illy buys Prestat… the inspiration behind ‘Charlie and the Chocolate Factory’

Italian coffee and chocolate dynasty Illy has bought Prestat, the UK chocolatier said to be an inspiration for Roald Dahl’s book Charlie and the Chocolate Factory. Riccardo Illy, president of…

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Cheap coffee prices lead coffee growers to plant coca for cocaine

Coffee producers are calling on leading companies including Nestlé, JAB Holdings and Starbucks to cover farmers’ costs as they struggle to make ends meet, with coffee prices tumbling to a…

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Should coffee come with cancer warnings?

The New York Times: In every cup of coffee, there is a chemical linked to cancer. That undisputed fact led a Los Angeles judge to rule this spring that coffee companies…

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Could Starbucks make it in the country of espresso?

Starbucks executive chairman Howard Schultz fuelled speculation that the brand is coming to the land of espresso, Italy. The multinational coffee-house chain grew from 11 stores in 1983 to a…

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Nestle pays €7.15 billion to sell Starbucks

Nestle and Starbucks announced that the former will pay Starbucks $7.15 billion (5.3 billion pounds) in cash for the rights to sell the U.S. coffee chain’s products around the world,…

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