Progreso Network

December 2014 Blog Posts (8)

Starbucks Goes Micro: Single-Origin Coffee Is The Next Big Thing


Starbucks recently announced their micro initiative.

Starbucks Reserve Roastery & Tasting Room to boost their artisan credentials by purveying single-origin coffee.

The move is an interesting one for a chain that brought gourmet coffee to the people in the late…


Added by Eileen Mulaa on December 17, 2014 at 1:55pm — 1 Comment

Kenyan coffee fetches high prices in local auction

By:Gerald Andae- Business Daily

In Summary

  • The coffee traded at an average of $241 (Sh21,690) in the auction against the current price of $204 (Sh18,360) in New York Coffee Exchange.
  • The auction prices have been rising since…

Added by Eileen Mulaa on December 16, 2014 at 1:30pm — No Comments

Coffee Harvesting

Source: Coffee Agronomy Farmers Manual-(1st Edition) by Fair Trade Organization of Kenya.

Harvesting and coffee processing are very crucial towards the final quality of the coffee beans which in the end determines the prices paid for coffee.

Coffee quality can be made in the field and the same can be destroyed during processing.

Harvesting-Practices to be observed:

  • Pick when the coffee is just all round red-ripe cherry.Green berries…

Added by Progreso Network on December 16, 2014 at 1:00pm — No Comments

Webinar"Diversity in Coffee Farming"

By: Progreso Network

On 10th December, 2014 Progreso Network in collaboration with Fair Trade Organization of Kenya organized a webinar on"Diversity in Coffee Farming" which started at 3.00P.M EAT.

This webinar was facilitated by Mr.Jacob Gititi, an expert in coffee diversification for producers organizations from Kenya.

These are some of the topics that were discussed  during the webinar.

1.Meaning and impact of diversification in coffee…


Added by Progreso Network on December 15, 2014 at 11:00am — No Comments

Coffee prices to hit 3 year high if buyers get more gusto


Coffee roasters need t show more enthusiasm if Arabica futures are to rise to a 3yr high next year, By Commerzbank, broker price futures said as prices hit a two month low.

Jack Scoville at Chicago based prices futures, highlighted that Commerzbank and others have forecast that arabica futures could rally well over 200cents per pound in the coming year, and perhaps  over 225 cents per pound.

Commerzbank forecast prices averaging 230 cents a pound in the…


Added by Eileen Mulaa on December 10, 2014 at 8:49am — No Comments

Coffee prices dip amid fears of fund selling spree


Arabica coffee futures dropped below 180 cents a pound for the first time in more than four months,amid growing ideas of an imminent fund selling wave, and of a stand -off in the physical markets.

Arabica coffee futures for March,the best traded lot touched 179.85 cents a pound in New York, dropping below the psychologically important 180 cents a pound mark for the first time since July.

The lot recovered some ground to close at 180.10cents a pound, although…


Added by Eileen Mulaa on December 10, 2014 at 5:00am — No Comments

Coffee: Rains in Brazil drags down Arabica prices

By Commodity Online

Good rains in Brazil have pulled down the prices of Arabica Coffee variety. The global trend has inspired farmgate prices of India Arabica Parchment to show a a declining trend. The prices are now ruling at 11,000 per bag (each bag is 50 kg). Arabica harvest is currently underway in…


Added by Eileen Mulaa on December 9, 2014 at 9:06am — No Comments

International Buyers Shatter Record Prices at Brazil Cup of Excellence Auction

By: Roast Magazine

Twenty one coffees from Brazil recently shattered previous auction price highs at the Brazil early harvest pulped naturals Cup of…


Added by Eileen Mulaa on December 9, 2014 at 8:00am — No Comments

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