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Mar 28, 2024 | 
intelligence.coffee | Olga Cuellar |Oscar Urrego
Relationship coffee has become almost synonymous with the specialty coffee segment, as an embodiment of the ethical and collaborative values it aspires to But with no formal definition, it can be romanticised and positions the partnership somewhere between friendship and business, and research shows that it requires more skills and effort for producers in return for little more than the promise of business A fine balance of drawing boundaries, acknowledging power structures at play, and...
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Mar 27, 2024 | 
intelligence.coffee | Jordan Montgomery |Olga Cuellar |Oscar Urrego
For a long time, third wave coffee businesses were able to compensate for a lack of financial savvy with passion for the job, a great network and strategic marketing Today’s challenging economy has made the business of specialty tougher – 2019 research shows that 50-64% of independent coffee shops fail within their first five years Roasters and business owners must step up to the challenge by working on their business acumen and learning the ropes of finance and investment to stay afloat and...
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Mar 22, 2024 | 
intelligence.coffee | Olga Cuellar |Oscar Urrego
New data shows that we’re still dealing with the ramifications of a global pandemic, as consumers increasingly prioritise convenienceThe convenience services industry is set to reach a revenue of more than $40 billion by 2028 marked by a return to office and less timeMeanwhile, consumers’ priorities have shifted – low quality “fast” coffee and high quality “fancy” coffee are out, and convenient coffee that tastes good and does good is in As the economy becomes more fast-paced, so is coffee.
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Mar 20, 2024 | 
intelligence.coffee | Olga Cuellar |Oscar Urrego
The last few years have seen a new consolidation trend in green coffee trading, with Sucafina and Neumann Kaffee Gruppe (NKG) acquiring smaller traders 2024 will be a tough year for traders, with increased competition and what the Financial Times branded “the worst year for banks since 2008” triggering high interest rates and lower profit margins Small to medium-sized green coffee traders will need to adapt in order to survive, either through wise financial partnerships or adapted business...
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Mar 15, 2024 | 
intelligence.coffee | Olga Cuellar |Oscar Urrego
PRF took place in Guatemala on March 7 & 8 2024The event hosted its first-ever PRF Seed initiative with a total capital of US $26,000, three coffee competitions, and its Global Coffee AwardsThe next event – PRF Regenerate – is confirmed to take place on 17 & 18 October 2024 in Santander, Colombia PRODUCER & ROASTER Forum returned to Guatemala on 7 & 8 March 2024. The two-day forum was held at the Anacafé headquarters in Guatemala City.
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Mar 14, 2024 | 
intelligence.coffee | Gabriella Oakley |Olga Cuellar |Oscar Urrego
Australian roaster Toby’s Estate was acquired by conglomerate UCC Holdings Co. and is now scaling up global expansion by entering the Gulf Cooperation Council market With an expected annual growth rate of 9.6%, it looks like the GCC market could be the next big stop for expanding brands, and coffee conglomerates like UCC seem to be aware of that For multinationals, it’s a strategy that is as much about global expansion as it is about tapping into emerging markets with a strong demand for...
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Mar 13, 2024 | 
intelligence.coffee | Olga Cuellar |Oscar Urrego
Green coffee prices are lower today than they were in the 1980s As industry concerns mount about farmers’ welfare and living income, some argue for a mandatory minimum price However, a one-size-fits-all approach to pricing would fail to account for nuances, possibly creating new risks for coffee farmers that could harm them in the long run IN RECENT years, calls for a mandatory minimum price for coffee have gained traction, fueled by concerns about farmer livelihoods, market volatility, and...
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Mar 8, 2024 | 
intelligence.coffee | Oscar Urrego
Ferrari recently announced a global partnership with l’OR Espresso, reflecting a brand borrowing trend among European heritage roasters Lavazza and Cartier, Illy and Gucci, Nespresso and Baccarat, and Starbucks Reserve and Swarovski are all examples of commercial coffee roasters leveraging prestigious brands While this might be “old-fashioned” marketing, it seems to work for the coffee industry’s premium classic brands and products THE RECENT announcement of a partnership between Ferrari and...
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Mar 6, 2024 | 
intelligence.coffee | Oscar Urrego |Jordan Montgomery
As experimental fermentations have grown in popularity, flavour descriptors have become increasingly specific and “exotic” – potentially fetishising producing countries Research suggests that specific flavour notes are more desirable to consumers, and the more specific the imagery, the higher the “willingness to pay” However, more accurate flavour language based on a shared understanding between coffee producers and buyers could be more commercially viable COFFEE FLAVOUR descriptors have...
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Feb 7, 2024 | 
intelligence.coffee | Melina Devoney |Peter Gakuo |Oscar Urrego
Colombian coffee prices reached $2.37 per pound in February 2023, dropping to $1.84 per pound by OctoberRoasters turned to alternative South American coffee origins such as Peru and HondurasClimate anomalies significantly contributed to Colombia’s coffee production – a sign of things to come for the global industryAFTER A sustained period of high prices, Colombian coffee took a sharp dive in the middle of last year. “Right now, we’re coming from a C market that in 2022 was almost $2.36 per pound.
