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Reuters Report: Inexperienced Espresso Theft Rising with Costs
As inexperienced espresso bean costs surge to all-time highs on the commodities market, a brand new wave of thieves seem like focusing on truckloads of espresso, in keeping with a current Reuters report from Marcelo Teixeira. In an effort to guard shipments, a number of importers have begun affixing monitoring gadgets to their espresso luggage, Reuters reported.
ICO Releases February International Espresso Market Report
Talking of all-time commodity worth highs, the Worldwide Espresso Group (ICO) launched its world espresso market report for February. The group’s Composite Indicator Worth for espresso was 14.3% larger than the January worth, with exports down 14.2% from the identical month final yr. See the full report in English right here.
San Franciscan Roaster President Invoice Kennedy Launches Podcast
Carson Metropolis, Nevada-based espresso roaster producer San Franciscan Roaster Co. introduced the launch of the Espresso Roasting Legends Podcast, hosted by San Franciscan president Invoice Kennedy. The sequence is described as a “podcast by roasters, for roasters.”
With Starbucks Basis Help, Nonprofit Bean Voyage Renews Smallholder Schooling Program
Costa Rica-based nonprofit Bean Voyage introduced the enlargement of its 12-month Farmer College for Resilient Communities Initiative, with help from the nonprofit Starbucks Basis, for its fourth consecutive yr. This program equips ladies who’re smallholder espresso producers in Latin America with funding, information, sources, abilities and coaching.
Acid is a New App for Monitoring Espresso Settings
Swiss espresso lovers Philipp Barth and Rafaela Kalbermatten lately unveiled a coffee-focused app referred to as Acid, designed to assist dwelling baristas monitor espresso preferences and dial in grinding and brewing and roast settings. The AI-powered app permits customers to scan any espresso bean packaging label to study extra in regards to the roast’s origin, tasting notes and different customers’ rankings.
German Espresso Market 2024 Report: Consumption Returns to Regular
The German Espresso Affiliation‘s annual home espresso report for 2024 confirmed that dwelling consumption lastly returned to pre-pandemic ranges following a multi-year surge. The report additionally discovered important development in three distinct segments: prompt espresso; complete bean espresso; and sustainably licensed merchandise.
Comeback Espresso Closing Cafe in April
On March 10, Memphis, Tennessee-based Comeback Espresso introduced it’s closing its cafe, with the final day coming April 11. Co-owners Amy and Hayes McPherson stated on Instagram that monetary challenges stay from the COVID-19 pandemic. Nevertheless, the cafe’s sibling firm, Comeback Beverage Co., won’t be closing, they stated.
Westrock Espresso Reviews Blended 2024 Outcomes and Optimistic 2025-26 Outlook
Westrock Espresso Firm reported its fourth quarter and full 2024 yr outcomes this previous week, exhibiting blended outcomes. The Arkansas-based firm stated it expects important development in 2025 and 2026 through its quantity enlargement and expense financial savings, with plans to quickly scale its ready-to-drink (RTD) manufacturing.
Expocacer Appoints First Girl as Board Chair
The Cerrado Espresso Growers Cooperative (Expocacer) in Brazil lately elected Mariana Velloso Heitor as chair of the board, making her the primary lady to occupy the place. “We, ladies, have made a distinction within the historical past of espresso farming, and we are going to proceed to take action for future generations,” Velloso Heitor stated in an announcement from the group.
Barnie’s Espresso in Orlando Names Two New VPs
Orlando, Florida-based Barnie’s Espresso & Tea Co. introduced two VP promotions, naming Alexis Rodriguez vice chairman of manufacturing and distribution, and Shannon Wolfgang vice chairman of promoting and design.
ICYMI
Listed here are a few of DCN’s high tales from the previous week…
Each day Espresso Information picture by Nick Brown
Brazilian Espresso Merchants Atlantica and Cafebras File for Chapter
Brazilian espresso exporting corporations Atlântica Exportação e Importação SA (Atlantica) and Cafebras Comércio de Cafés do Brasil SA (Cafebras) — each a part of the Montesanto Tavares Group — have filed for chapter… learn extra
Espresso Store Software program Supplier Odeko Nears $300 Million in Funding
New York-based enterprise operations software program supplier Odeko, which specializes within the espresso store and cafe options, stated it raised $96 million by its newest Collection E funding spherical… learn extra
New Jersey Co-Roasting Enterprise Gridworks Takes Guesswork Out of Espresso
A brand new co-roasting enterprise in New Jersey referred to as Gridworks Espresso helps startup roasters take the guesswork out of the each day grind, providing entry to roasting tools {and professional} experience… learn extra
Chilly Brew Analysis: Temperature and Time Much less Impactful than Roast Degree
Conventional full-immersion “chilly” brewing might not demand as a lot time because it typically receives for optimum sensory outcomes, in keeping with comparatively new analysis from a group on the College of California, Davis… learn extra
B2B Specialist Farmer Brothers Launches Sum>One Espresso Model
Enterprise-to-business (B2B) espresso specialist Farmer Brothers Espresso is releasing a brand new branded espresso line underneath the identify Sum>One Espresso Roasters… learn extra
Three Questions with Carolina Peralta of Florencia y Fortunata in Cusco, Peru
When Carolina Peralta, the founding father of Florencia y Fortunata Café in Cusco, Peru, celebrated excellent news or acquired a great grade at school as a baby, it was at all times over a cup of espresso… learn extra
Belgian Industrial Roasting Options Firm CEE Expands to Americas
CEE, a Belgian firm centered on fossil-fuel-free industrial manufacturing options for roasting and drying, is increasing into america and Canada… learn extra
