NAEB moves to reassure the Rwandan coffee industry as global prices tumble

coffee-b&w

The National Agriculture Export Development Board of Rwanda (NAEB) has taken steps to install confidence in the country’s coffee industry that an increase in crop quality will help protect farmers and exporters against the current – and expected – drop in prices on the global markets.

As we have noted previously on World Coffee Press, favourable weather conditions in key geographical areas has seen worldwide harvest levels rise, which has resulted in more supply than demand. As such, prices have tumbled.

…continue reading NAEB moves to reassure the Rwandan coffee industry as global prices tumble

Coffee prices crash, but could pick up

coffee-beans-header

For a while last year, many people were riding the coffee wave.

#The absence of rain in certain key growing areas had starved supply and prices began to skyrocket as traders began to pay more and more for deliveries in order to get the stock that they and their employers needed.

Things escalated so much that Starbucks, the most prominent coffee chain in the world, took a step back and opted to go through their reserves rather than jump into a seller’s market.

…continue reading Coffee prices crash, but could pick up

June decision for Lavazza’s purchase of Carte Noire

coffee-scoop

Lavazza will have to wait two months before they will be in a position to solidify their apparent desire to acquire the Carte Noire coffee brand from Mondelez International.

“Negotiations will likely finish by the end of June,” Giuseppe Lavazza, the world famous coffee company’s Vice President, said earlier this week.

…continue reading June decision for Lavazza’s purchase of Carte Noire

CCRI believes to have found a solution to the white stem borer

Coffee Beans12

India’s troubles with the white stem borer could be over, if the latest study conducted by the Central Coffee Research Institute (CCRI) is anything to go by.

The white stem borer (Xylotrechus javanicus) has been especially prevalent in recent times, causing widespread crop loss on around one hundred plantations in the primary coffee growing areas of Karnataka state.

Farmers in Karnataka produce around seventy percent of India’s coffee.

…continue reading CCRI believes to have found a solution to the white stem borer

Taxing customers in Malaysian coffee shops

coffee-beans-wave

The Malaysian state of Sarawak, one of two on the island of Borneo, has recently adopted a new Goods and Service Tax, which has seen the cost of a number of products rise in recent weeks. However media reports suggest that this tax is being used as a front by some rather devious coffee shop owners to, illegally, boost their revenues.

Fortunately though, most proprietors haven’t upped prices of their coffee menus. But the actions of a minority have drawn the ire of high ranking Malaysian officials.

…continue reading Taxing customers in Malaysian coffee shops

More and more people are drinking Nepalese coffee

Nepal

“More and more people are going for Nepali coffee as local producers have been maintaining quality,” said Krishna Ghimire, the vice-president of the Coffee Producer’s Association.

We can only speculate to the Ghimire’s emotions were as he made that statement, but we imagine that his words were underpinned with pride. And with good reason too, he believes that the demand for coffee grown in the mountainous Asian country has grown by a quarter in just twelve short months.

…continue reading More and more people are drinking Nepalese coffee

New scheme launched to improve Rwandan baristas

grouphandle

Available figures from the National Bank of Rwanda show that coffee is the country’s biggest contributor to its export revenue, accounting for some $60 million last year alone.

Like many coffee growing countries however, coffee consumption is actually remarkably low.

But, over the years, the number of specialist coffee shops and roasters present in the East African country has grown to the point where industry insiders are calling for more to be done in regards to the training and development of the next generation of baristas and coffee specialists. 

…continue reading New scheme launched to improve Rwandan baristas

Nestle to invest in a brand new production facility in Vietnam

green-beans

Plans are in motion that would see Nestle fund the construction of a purpose-built coffee production facility in South-Eastern Vietnam as part of their ongoing commitment to their own ‘Nescafe Plan’, a long-term strategy that has been designed to “create value” across their coffee supply chain.

Set to be built in the Dong Nai province, east of the Vietnamese capital Ho Chi Minh City, this brand new plant will decaffeinate green coffee beans before readying them for transport to other Nestle facilities around the world.

…continue reading Nestle to invest in a brand new production facility in Vietnam

Changes announced to the World Barista Championships

group-handle

World Coffee Events (WCE) has announced the evolution of the World Barista Championships (WBC), with the changes coming into effect for next year’s event which is due to be held in Dublin, Ireland.

Announced at the end of last week, definitions have been tweaked slightly and a couple of new technical partners have been announced. As has an exciting looking new espresso machine.

…continue reading Changes announced to the World Barista Championships