https://dailycoffeenews.com/category/company-news/market-news-company-news/ Business news for specialty coffee professionals Fri, 16 Aug 2024 12:51:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://dailycoffeenews.com/2024/08/15/prominent-coffee-groups-call-for-immediate-interventions-as-eudr-looms/ Thu, 15 Aug 2024 14:11:24 +0000 https://dailycoffeenews.com/?p=181817 Prominent coffee-focused nonprofits and trade organizations recently issued separate calls to European leaders to take immediate action regarding the new EU deforestation-free supply chain law (EUDR). In a public statement...]]> https://dailycoffeenews.com/2024/08/15/best-of-panama-shatters-price-records-with-627-per-pound-average/ Thu, 15 Aug 2024 14:02:01 +0000 https://dailycoffeenews.com/?p=181833 Last week’s Best of Panama green coffee auction shattered numerous price records, including a total auction value of more than US$1.38 million and a weighted average price of $627.27 per...]]> https://dailycoffeenews.com/2024/08/09/world-coffee-research-names-private-partners-for-six-year-f1-hybrid-variety-trial/ Fri, 09 Aug 2024 14:56:01 +0000 https://dailycoffeenews.com/?p=181395 The nonprofit World Coffee Research (WCR) announced the launch of a “pre-commercial trial phase” of new F1 hybrid arabica coffee varieties that have demonstrated potential for high quality, high productivity,...]]> https://dailycoffeenews.com/2024/08/08/coffee-trading-conglomerate-nkg-opening-first-china-business/ Thu, 08 Aug 2024 15:50:13 +0000 https://dailycoffeenews.com/?p=181701 Green coffee trading conglomerate Neumann Kaffee Gruppe (NKG) is opening its first trading business in China, responding to a consumer market that has rapidly expanded over the past decade. In...]]> https://dailycoffeenews.com/2024/07/26/researchers-explore-high-elevation-robusta-as-arabica-replacement/ Fri, 26 Jul 2024 13:34:00 +0000 https://dailycoffeenews.com/?p=181352 The results of a five-year multi-location field trial in Brazil suggest that robusta grown at high elevations might be a suitable replacement for arabica, which is facing existential threats on...]]> https://dailycoffeenews.com/2024/07/22/el-salvador-president-bukele-launches-coffee-brand-with-us-business-ties/ Mon, 22 Jul 2024 17:29:14 +0000 https://dailycoffeenews.com/?p=181224 El Salvador President Nayib Bukele has launched a new high-end coffee brand called Bean of Fire, targeting the United States market for sales.  The exact connection between Bukele, the brand...]]> https://dailycoffeenews.com/2024/07/16/nestle-targets-brazil-with-new-arabica-variety-called-star-4/ Tue, 16 Jul 2024 14:42:12 +0000 https://dailycoffeenews.com/?p=181121 Multinational food giant Nestlé says it has developed a new high-yielding coffee variety called Star 4, while targeting the world’s largest coffee-producing market, Brazil. In an announcement of the launch...]]> https://dailycoffeenews.com/2024/07/08/study-price-volatility-affects-mental-health-of-smallholder-coffee-farmers/ Mon, 08 Jul 2024 13:01:29 +0000 https://dailycoffeenews.com/?p=180492 A recent public health study found that income uncertainty, particularly in the context of volatile coffee prices, negatively impacts the mental health of smallholder coffee farmers. After studying small-scale coffee...]]> https://dailycoffeenews.com/2024/07/03/breeding-and-genetics-study-traces-arabica-to-prehistoric-times/ Wed, 03 Jul 2024 10:56:56 +0000 https://dailycoffeenews.com/?p=180197 Research commissioned by Nestlé suggests that the arabica coffee species was birthed 350,000-600,000 years ago through a natural mating between two different coffee species in the wild forests of what...]]> https://dailycoffeenews.com/2024/07/01/tanzania-coffee-report-production-rising-as-old-farms-get-new-life/ Mon, 01 Jul 2024 14:11:11 +0000 https://dailycoffeenews.com/?p=180582 Green coffee production in Tanzania is expected to increase by approximately 7% in the 2024/25 market year, up to the equivalent of approximately 1.5 million bags.  The increase has been...]]>