The International Coffee Organization (ICO) estimates a second year of surplus, with world coffee production in coffee year 2018/19 to be 3.7 per cent higher than in the previous year at 168.87 million 60-kilogram bags. However, at 164.82 million bags, world consumption for coffee year 2018/19 is estimated to have only grown 2.1 per cent.
This means coffee supply has exceeded demand by 4.05 million bags. Read more
Italian coffee company Lavazza is the top food and beverage brand on the Reputation Institute’s Corporate Responsibility report, and is ranked ninth among all companies.
Conducted annually by the reputation measurement and management service, the report showcases the top 100 companies the Reputation Institute says are most successfully driving corporate responsibility initiatives worldwide. Read more
To celebrate International Coffee Day 2019, Italian coffeehouse Lavazza, in collaboration with Melbourne café Brunetti, will give away free coffee to Melburnians between 10am and 11am at Brunetti Flinders Lane on 1 October.
During Free Coffee Hour, caffeine lovers will be serenaded by an operatic duo with accompanying musician, and Lavazza will host interactive coffee experiences for customers in-store, including coffee caviar making. Read more
Australian’s preference for sustainable coffee and packaging is rising according to a 2018 study by market research company IbisWorld. Consumers are becoming increasingly concerned about the origin of their products and the companies they purchase from. Read more
Campos Coffee has announced the release of two Geisha coffees, Super Mario and Jaramillo, from the award-winning Hacienda La Esmeralda coffee farm in Panama.
The natural processed Special Release Super Mario San Jose, which will be available from 1 October, was purchased in an online auction direct from Esmeralda for $524 per kilogram. It will be available for sale in individually sealed 18-gram pouches for $18 per serve. Read more