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Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

author:Cafeex
Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

* Monday, November 29 – Robusta futures continue to rise. On November 26, the January delivery price was $2296 per ton. Heavy rainfall and shipping delays in Vietnam are the main reasons for the sharp rise in prices.

Monday, November 29 – The Uganda Coffee Development Authority (UCDA) expects coffee exports to Russia to increase. UCDA met with investors in the Russian Federation to discuss the export of Robusta for the production of instant coffee products. Uganda hopes to produce 20 million bags of coffee per year by 2025.

* Monday, November 29 – Tims China will open an exclusive store in METRO Mall. Tim Hortons China announces a new strategic partnership with METRO China. Tims China will operate multiple locations in METRO malls and plans to open nine stores in January 2022.

Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

* Monday, November 29 – The Brazilian Federation of Agriculture and Livestock concludes its online roundtable on specialty coffee. The online conference brings together small and medium-sized coffee producers with buyers from Europe, the Americas and the Middle East.

* Monday, November 29 – La Marzocco sales soared 60% in 2021. The espresso maker expects sales of more than 210 million euros ($237 million) in 2021. La Marzocco exports coffee machines to more than 100 countries around the world.

Monday, November 29 – Coffee Collective publishes its first book in English. The English edition of the book Fundamentals of Quality Coffee, by the Danish B-company roaster, covers all aspects of the coffee supply chain.

Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

Monday, November 29 – Columbia Farms Green Coffee Company receives Rainforest Alliance certification. The company owns and operates 11 farms across the country, all of which are certified. Green Coffee Company is also currently applying for Type B certification through a third-party audit firm.

Monday, November 29 – Mazzer unveiled its first hand-cranked bean grinder. This Omega hand-cranked bean grinder includes a 47mm tapered cutterhead and a microstep adjustment system.

* Monday, 29 November – Sucafina has released an update on the Uganda Renewable Soil Project. Ugacof (Sucafina's sister company in Uganda) set up 30 test fields to assess the impact of different fertilizers on soil health. Over the next 12 months, Ugacof will study the effects of fertilizers on coffee quality and yield.

* Tuesday, November 30 – Lavazza opens target zero at the Science Museum in Trento. The device aims to disseminate awareness of the United Nations Sustainable Development Goals. The 3D artwork designed by True Design, inspired by Lavazza's "Blend for Better" logo logo.

* Tuesday, 30 November – The Fifth Webinar will be held at the World Coffee Producers Forum. The theme of the seminar was, "New Challenges after COVID-19: What Is Now?" , will focus on the logistics problems currently facing the global coffee industry. The webinar will take place on December 14 at 8:00 EST.

* Tuesday, November 30 – Illycaffe announces the nine finalists for the sixth edition of the Ernesto Illy International Coffee Awards. Brazil, Colombia, Costa Rica, Ethiopia, Guatemala, Honduras, India, Nicaragua and El Salvador were shortlisted for the annual awards. Illy selected nine artists to represent each country in the Digital Art Installation. The winning countries will be announced in December.

Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

* Tuesday, November 30 – CoE Ecuador 2021 Auction Results Announced. The highest bid was $97.10/lb, which was washed tin pickup trucks from Arashi Farms, totaling over $19,200/198 lbs. The total bid for the auction has exceeded $250,000.

Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

* Tuesday, November 30 – Nespresso joins a new U.S. reforestation program. The Swiss coffee maker has partnered with the U.S. Forest Agency to fund three projects in California, Texas and Hawaii. About 100,000 saplings will be planted to restore more than 320 acres of forest.

* Wednesday, December 1 – Israeli baking startup Green changes its name to "ansā". The rebranding included a new website design and a company logo. The company says its on-demand worktop roaster can roast single-agent coffee in less than 90 seconds.

* Wednesday, December 1 – Faema won the 2021 New Coffee Machine Architectural Design Award. The Faemina coffee machine won the Kitchen category for its sustainable design features. These include reduced start-up time and ten minutes of automatic standby.

* Wednesday, December 1 – Löfbergs has set its goal to complete 100% recyclable packaging by 2030. The Swedish bakery company claims that they have reduced their carbon emissions by 73 percent since 2005. They want to start phasing out fossil fuel plastics in favor of other packaging materials that are fully recyclable.

Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

* Wednesday 1 December – The 2021 Malaysia Digital Latte Art Competition will use MilkLab oat milk. As part of Digital Coffee Week Malaysia, remote participants were only able to use the company's oat milk in the final. The final rounds will be played on December 1 and December 12.

* Wednesday, December 1 – London-based coffee roaster Old Spike will open a new carbon-neutral coffee shop. Carbon-neutral and plastic-free stores will open in Piccadilly Circus, with more central London sites planned to open in the next six months. Each new café will offer a job for people who have experienced homelessness. Old Spike, in partnership with the Eden Reforestation Project, plants a tree for every bag of coffee sold.

* Thursday, 2nd December – More than 100 experts attend the German Coffee Association's International Coffee Capsule Virtual Conference. Speakers included Tim Decken from Nespresso, Germany, and Bill Murray from the National Coffee Association of America.

* Thursday, December 2 – FNC launches a collection of women-grown coffees. The new coffee range will be sold in the United States, Europe, China and Japan. The sale of this series of coffees will benefit about 31% of female coffee growers in Colombia.

Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

Thursday, December 2 – Ally Coffee opens a new office in Hamburg. The office is scheduled to open in early 2022 and will include a quality control laboratory. Ally also has offices in other parts of Europe, such as Lausanne in Switzerland, Gothenburg in Sweden, and North America, Latin America and Africa.

* Friday, December 3 – The SCA will host a Sensory Summit at the University of California, Davis in February. The on-site event will take place from 4 to 6 February 2022 with limited tickets. The Sensory Summit focuses on the latest findings from academic research on coffee.

* Friday, December 3 – Nigeria joins the International Coffee Organisation (ICO). The West African country has finally joined the International Coffee Organization, becoming one of the 43 coffee-producing countries represented by the organization. Its members will seek to improve the quality and farming practices in Nigeria's Predominantly Robusta Coffee-producing regions.

* Friday, December 3 – New research shows that caffeine intake improves alertness and visual accuracy. The study of the effects of caffeine intake on dynamic vision was conducted in part by the School of Optometry and Visual Sciences in Waterloo, Canada. The findings suggest that consuming more caffeine helps improve the speed and accuracy of identifying tiny motor stimuli.

* Friday, December 3 – The joint venture provided a $3.2 million loan to Nicaraguan coffee growers. IDH· The Farmfit Fund and Oikocredit provided an 8-year loan to invest in a new dry treatment plant and wet treatment plant. The Nicaraguan Coffee Growers Association and Aldea Global will jointly manage the funds.

* Friday, December 3 – Rancillio introduces a new home coffee machine. The Rancilio Silvia Pro X will replace the Silvia Pro model's home console series. The new range of coffee machines are dual boilers, available in a variety of colours and can be customized with pre-soak settings.

Coffee News of the Week Quick Look | Robusta futures continued to rise, with Ecuador's COE bidding

* Friday, November 26 – Counterfeit Nescafe products seized in Germany. Germany's Nestlé claims that the golden canned Nestlé instant coffee product has now ceased production. There may be more counterfeit Nestlé products in circulation in the Netherlands.

This article is translated from Perfect Daily Grind, See the original article at the link: https://perfectdailygrind.com/2021/12/coffee-news-recap-3-dec-robusta-futures-continue-to-rise-first-ever-coe-ecuador-winners-announced-other-stories/

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