Market News Archives - Daily Coffee News by Roast Magazine https://dailycoffeenews.com/category/coffee-beans/market-news/ Business news for specialty coffee professionals Fri, 29 Dec 2023 15:43:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 The Biggest Green Coffee Stories of 2023 https://dailycoffeenews.com/2023/12/29/the-biggest-green-coffee-stories-of-2023/ Fri, 29 Dec 2023 15:43:33 +0000 https://dailycoffeenews.com/?p=175554 green coffee news 2023Continuing our 2023 Year in Review, we now turn to the big wide world of green coffee. One of the coffee industry’s biggest stories of the year was the decision...]]> Finnish Researchers Pushing for ‘Cellular Agriculture’ in Coffee https://dailycoffeenews.com/2023/12/13/finnish-researchers-pushing-for-cellular-agriculture-in-coffee/ Wed, 13 Dec 2023 13:15:30 +0000 https://dailycoffeenews.com/?p=175398 Making coffee from roasted coffee produced by VTT’s cellular agriculture method – Photo by Vesa KippolaScientists in Finland have shed new light on the process of making, roasting and analyzing lab-grown cellular coffee. Researchers at the VTT Technical Research Center of Finland — a state-owned...]]> Mercon Coffee Group Files for Chapter 11 Bankruptcy https://dailycoffeenews.com/2023/12/08/mercon-coffee-group-files-for-chapter-11-bankruptcy/ Fri, 08 Dec 2023 16:08:37 +0000 https://dailycoffeenews.com/?p=175309 green coffeeMultinational green coffee trading company Mercon Coffee Group filed for Chapter 11 bankruptcy in the United States on Wednesday. The move was precipitated days earlier by the unexpected suspension of...]]> Australian Researchers Develop a ‘Coffee Character Wheel’ https://dailycoffeenews.com/2023/12/06/australian-researchers-develop-a-coffee-character-wheel/ Wed, 06 Dec 2023 14:07:25 +0000 https://dailycoffeenews.com/?p=175196 Coffee Character WheelNew research funded by an Australian government agricultural agency has produced the “Coffee Character Wheel,” a cupping tool designed to more thoroughly describe or identify coffee with the concept of...]]> Major ICO Green Coffee Report Notes ‘Growing Americas’ and ‘Shrinking Rest of the World’ https://dailycoffeenews.com/2023/12/05/major-ico-green-coffee-report-notes-growing-americas-and-shrinking-rest-of-the-world/ Tue, 05 Dec 2023 17:18:01 +0000 https://dailycoffeenews.com/?p=175190 2023 global coffee reportThe International Coffee Organization (ICO) has released its second Coffee Report and Outlook, including a broad overview of the global coffee sector in terms of production and consumption, economic analysis...]]> ICO and SCA Sign MoU in Support of Global Coffee Industry https://dailycoffeenews.com/2023/12/05/ico-and-sca-sign-mou-in-support-of-global-coffee-industry/ Tue, 05 Dec 2023 13:50:26 +0000 https://dailycoffeenews.com/?p=175177 SCA ICO MoU Signing_December 2023-6The top brass of the International Coffee Organization and the Specialty Coffee Association convened on Dec. 1 to sign a Memorandum of Understanding (MoU) outlining the organizations’ shared commitments to...]]> Cup of Excellence Launching ‘Origin Immersion’ Program in El Salvador https://dailycoffeenews.com/2023/12/04/cup-of-excellence-launching-origin-immersion-program-in-el-salvador/ Mon, 04 Dec 2023 16:46:16 +0000 https://dailycoffeenews.com/?p=175146 El Salvador COE Origin ImmersionThe nonprofit Cup of Excellence (COE) is launching a multi-day education program designed for international coffee professionals to be immersed in the coffees and cultures of specific coffee-producing countries. In...]]> NKG Enlists Satelligence for Deforestation Monitoring https://dailycoffeenews.com/2023/11/28/nkg-enlists-satelligence-for-deforestation-monitoring/ Tue, 28 Nov 2023 18:24:46 +0000 https://dailycoffeenews.com/?p=175037 NKG SatelligenceAs the EU Deforestation Regulation (EUDR) compliance deadline draws nearer, multinational green coffee trading company Neumann Kaffee Gruppe (NKG) is partnering with the Dutch deforestation monitoring firm Satelligence. Satelligence’s satellite-based...]]> Three Questions with Rwandan Coffee Expert Laetitia Mukandahiro https://dailycoffeenews.com/2023/11/27/three-questions-with-rwandan-coffee-expert-laetitia-mukandahiro/ Mon, 27 Nov 2023 14:08:31 +0000 https://dailycoffeenews.com/?p=174895 Laetitia Mukandahiro cupping Rwanda coffeeIn a sunny yellow room with a large coffee taster’s flavor wheel on one wall and a branded jute bag on the opposite wall, Laetitia Mukandahiro and Uzziel Habimana of...]]> Kona Coffee Farmers and Kroger Accuse Each Other of Breaching $13.5 Million Settlement https://dailycoffeenews.com/2023/11/22/kona-coffee-farmers-and-kroger-accuse-each-other-of-breaching-13-5-million-settlement/ Wed, 22 Nov 2023 12:57:05 +0000 https://dailycoffeenews.com/?p=174924 roasted coffeeIn a case that has produced more than 900 court documents and more than $5.8 million in attorneys’ fees since 2019, lawyers representing a group of coffee producers in Hawaii...]]>