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The Brazilian Real/USD Vs the Coffee Price
Brazil, with São Mateus Agropecuaria, is the country winner of the Best of the Best Award, wich was presented to Josè Eduardo Dominicale during the 8th edition of the Ernesto Illy International Coffee Award. The award, named after the visionary leader of illycaffè and the son of the company's founder, celebrates the work that the company has been doing every day for the last 30 years, side-by-side with coffee farmers, to offer the best possible sustainable coffee. The award was presented to the winner by illycaffè Chairman Andrea Illy during an event held at the New York Public Library in New York. Read more
Nestlé is commemorating the tenth anniversary of Nestlé Needs YOUth, an initiative that was introduced to enhance the employability of young individuals during a period of soaring youth unemployment in Europe. Over a decade later, the initiative has expanded globally and assisted more than five million young people, including farmers and entrepreneurs, in building essential skills and in taking advantage of career opportunities. In its Nestlé Needs YOUth impact report, Nestlé features stories of people who have benefitted from the program....Read more...
Led by three experienced professionals and backed by Swedish based coffee group, Löfbergs, the new company GrowGrounds has set out to change a global coffee industry with major climate and environmental challenges. In collaboration with coffee farmers all over the world, the goal is to eliminate coffee's negative CO2 impact and restore nature. Changed cultivation methods, establishment of forest systems, less use of chemical fertilizers and pesticides, access to financing, and new digital tools will simultaneously ensure income and better living conditions for the coffee farmers....Read more
U.S. consumers spent nearly $110 billion on coffee and related goods in 2022 (equivalent to about $301 million every day), and coffee accounted for more than 8% of the value of the entire food service industry, according to a landmark new study of coffee's economic impact in the United States...Read More.
The Specialty Coffee Expo has everything for everyone in the coffee world. Roasters and retailers can attend and have the opportunity to exhibit their products on the show floor, network with the industry's decision makers, and further their professional careers by participating in the SCA's numerous lectures, and hands-on learning opportunities. The Specialty Coffee Expo, the largest coffee event in North America, is the ultimate platform for the coffee industry to see what's new.