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Friday 01 November 2024
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Desk3

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Companies

Coffee shares a similar M&A pattern to the beer market, says Rabobank

Desk3 -
MILAN – The global coffee market is undergoing a consolidation pattern similar to that seen in the international beer market, according to a recent report from Rabobank. In fact, the report likens JAB’s strategy to the strategy to the M&A streak that has made AB InBev the world’s largest brewer.
Climate

NOAA: SST index values were close to zero in all four El Niño regions

Desk3 -
COLLEGE PARK, MD. U.S. – During July, ENSO-neutral continued, as equatorial sea surface temperatures (SSTs) were near average across most of the Pacific Ocean, according to the U.S. National Oceanic and Atmospheric Administration (NOAA). The latest weekly Niño SST index values were close to zero in ...
Coffee

Coffee prices increase as concerns about Brazil’s 2017/18 crop emerge

Desk3 -
LONDON, UK – The ICO composite indicator price rose above 130 US cents/lb for the first time since April as reports emerged from Brazil about lower yields and quality issues related to the 2017/18 crop. Coffee exports have stabilized in the last two months but cumulative exports remain well above ...
Companies

Vietnam’s Da Lat reserve coffee is back in Starbucks stores globally

Desk3 -
HANOI – Vietnam’s Đà Lạt is back in Starbucks stores globally following a year of disruption. Designated as a Starbucks Reserve Coffee, Đà Lạt coffee was sold by Starbucks for the first time in January 2016. Starbucks Reserve coffees are rare, small-lot coffees selected by the company’s experts and roasted in Seattle.
Companies

Registration is open for the Coffee Shop Innovation Expo in London

Desk3 -
LONDON, UK – Coffee Shop Innovation Expo is an event dedicated to helping professionals working across the café, coffee shop and catering industries to grow their business. The Expo is free to attend and takes place on the 26th & 27th of September 2017 at ExCeL, London.
Companies

Swiss Water adopts ReposiTrak food safety compliance solutions

Desk3 -
SALT LAKE CITY, U.S. – Park City Group's ReposiTrak, Inc., the leading provider of Compliance Management and Track & Trace solutions for the grocery and foodservice industry, announces today Swiss Water Decaffeinated Coffee Company, Inc. is adopting ReposiTrak's Compliance Management System to manage records ...
Companies

MZB Group, 1H results show sharp increase in the Single Serve segment

Desk3 -
VILLORBA, Treviso, Italy – Yesterday (August 8th, 2017), the Board of Directors of Massimo Zanetti Beverage Group S.p.A. (“MZBG” or the “Company”) approved the half-year financial report at June 30, 2017. During the first half of 2017, the MZB Group had sales volumes of roasted coffee totalling 63,239 tons ...
Coffee

Arabica coffee futures in New York close higher for third straight session

Desk3 -
MILAN – Arabica Coffee futures in New York reached new highs on Tuesday over renewed concerns that the Brazilian harvest may turn out to be lower than estimated. The benchmark contract for September delivery closed at142.75 cents a pound, its highest close since April 18.
Coffee

Indonesia to barter coffee and other commodities for Russian fighter jets

Desk3 -
JAKARTA, Indonesia – Indonesia says it will trade coffee, palm oil and other commodities for Russian fighter jets. “This barter under the supervision of both governments hopefully will soon be realized through the exchange of 11 Sukhoi Su-35s and a number of Indonesian exports, starting from coffee and tea to palm oil and ...
Coffee

JoeFroyo to launch first-ever ready-to-drink functional cold brew coffee

Desk3 -
LOS ANGELES, Calif. U.S. – Dispensed beverage maker JoeFroyo announced today it will launch the first-ever ready-to-drink (RTD) functional coffee with caffeine, probiotics and protein at the Western Foodservice & Hospitality Expo as part of the New Product Showcase, Aug. 27–29, booth 1729.
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