Nearly 25,000 Bags of Arabica Back to Market After Hurricane Sandy
Some 24,700 bags of arabica coffee are back on the grid after temporarily losing their deliverable status with ICE Futures U.S. following damage to a [...]
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Starbucks CEO Accused of ‘Corporate Assault on Marriage’
An anti-same-sex-marriage group that first organized a ban on Starbucks last year has seen a surge of support since Starbucks CEO Howard Schultz at a [...]
Brazil Bumber Crop Keeping Arabica Prices Low
As a record Brazil coffee crop comes to the U.S market in March, arabica prices remain low despite the widespread leaf rust in parts of [...]
Leaf Rust Outbreak Having Little Effect on Coffee Futures
The leaf rust (roya) epidemic, while incredibly damaging to farms and farmers throughout Central America, is having little effect on the global market, according to [...]
Coffee Prices Hit 30-Month Low as Worldwide Production Surges
Raw coffee prices worldwide continue to slide, in November hitting their lowest point since May 2010, according to the monthly report from the London-based International [...]
After Going Private, Peet’s Has New President and CEO
Exactly two weeks after going private, Peet’s Coffee & Tea has announced that Dave Burwick will be taking over for Patrick O’Dea as president and [...]
Starbucks Ups Growth Predictions for 2013
Starbucks plans to grow faster than expected next year, as the company continues to invest in new stores in China and India. In an announcement [...]
Peet’s Now Private as $1 Billion Acquisition Finalized
The $1 billion acquisition of Peet’s Coffee & Tea by Joh. A. Benckiser (JAB) has been finalized, making the coffee giant private. JAB is a German [...]
D.E. Master Blenders Quarterly Sales Mixed, Germany Slow
D.E. Master Blenders, the Dutch coffee and tea company spun off by Sara Lee and June, came up slightly short of revenue estimates for the [...]
World’s Largest Coffee Co-op Halting Spot Arabica Exports
The world’s largest coffee cooperative, Brazil’s Cooxupe, plans to halt spot exports until next month, as the current harvest season winds down. Heavy rains in [...]
