Market News

New Consultancy Kune Brings Finance and Sustainability Together

A new consultancy based in Central America called Kune (LinkedIn page) has planted itself squarely at the intersection of sustainability, coffee agribusiness and finance. Taking its name from the universal...

2024.02.29

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Colombia’s FNC Launches Direct Trade Export Platform Cafix

The Colombian Coffee Growers Federation (FNC) last week announced the launch of Cafix, a trading and logistics program designed to streamline exports directly from producers to international buyers. The Cafix program...

2024.02.28

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Indonesian Coffee Output Hurt by Harsher Weather Conditions

Indonesia is the world’s fourth-largest producer of coffee, after Brazil, Vietnam and Colombia, but the archipelago’s farmers are less productive than their competitors. In East Java province, farmers have seen...

2024.02.27

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Report: European Trade Group Urges Delay in Deforestation-Free Law

A prominent European coffee industry trade organization reportedly sent a letter to the European Commission urging the delay of implementation of the new EU deforestation-free supply chain law, known as...

2024.02.23

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San Francisco’s Sāe Coffee Sets Sights on Superluxe Coffees

A new San Francisco-based company called Sāe Coffee Studio has grand ambitions to bring the highest of the high-end specialty coffees to more consumers. Signaling those ambitions loud and clear,...

2024.02.16

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Royal Coffee Buys Big Warehouse and Industrial Complex in Oakland

California-based coffee trading company Royal Coffee has purchased a new warehouse, distribution and manufacturing complex totaling 103,500 square feet in Oakland. [Disclosure: Royal Coffee is a current advertiser in Daily...

2024.02.15

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JDE Peet’s and Enveritas Announce Global Deforestation-Free Plan

Global coffee giant JDE Peet’s says it has signed memorandums of understanding (MOUs) with at least four coffee-producing countries for a new deforestation-free coffee initiative. The publicly traded company announced...

2024.02.14

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Fairtrade International Updating Coffee Standard to Meet or Exceed EUDR

The sustainability certification organization Fairtrade International is updating its published coffee standard in order to meet or exceed the forthcoming requirements of the EU deforestation-free regulations (EUDR). While Fairtrade International...

2024.02.13

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NKG Launches NKG Indonesia Imports to Meet Domestic Demand

German green coffee conglomerate Neumann Kaffee Gruppe has launched an importing company in Indonesia in response to increased domestic demand for coffee. NKG Indonesia Imports is technically NKG’s second company...

2024.02.10

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Coffee Economics with Karl Gets Into Coffee Prices

It’s been nearly two years since we last featured “Coffee Economics with Karl” on these digital pages, and a lot has gone down since then — both with prices and...

2024.02.09

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