Precious Timber

illycaffé responds to ICO London Declaration on economic sustainability

November 15, 2019 by Kevin Bird

Kevin Bird

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World-leading coffee roasters and traders joined forces with stakeholders to improve the economic sustainability of the industry and encourage other organizations and countries to do the same. International coffee prices have been on a ongoing downward trajectory since 2016, and with coffee year 2018-19 marking the second consecutive year of…

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Coffee: Regional Sales drop 17%

November 1, 2019November 1, 2019 by Kevin Bird

Kevin Bird

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Friday, October 25, 2019 During the first three months of the year, coffee exports from Central American countries totaled $747 million, 17% less than what was reported for the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: Click to interact with graphicClick to interact with graphic…

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Coffee: Export Tax Remains Solid

October 21, 2019 by Kevin Bird

Kevin Bird

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Thursday, October 17, 2019 The Ortega administration rejected the request of Nicaraguan coffee growers, who requested that the tax of one dollar per quintal exported be waived for the 2020-2021 harvest. The decision to start charging from next year was published by the Ministry of Development, Industry and Commerce (Mific)…

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Industry leading coffee roasters, traders sign historic economic sustainability declaration

September 26, 2019 by Kevin Bird

Kevin Bird

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Posted on Wednesday 25th, September 2019. Leading coffee roasters and traders have signed an historic declaration on the economic sustainability of the world coffee sector, following the first edition of the CEO and Global Leaders Forum organised by the International Coffee Organization (ICO). Sitting as a special session of the…

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What Is a Coffee Bean? The Anatomy of The Coffee Cherry

September 20, 2019 by Kevin Bird

Kevin Bird

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February 21, 2019 Where does your coffee come from? You may know that coffee is a plant and recognise that the beans came from a bright red coffee cherry. But what is inside that coffee cherry and what does it mean for your cup? The different parts of the coffee…

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Avocado as an Alternative to Coffee Cultivation

September 19, 2019 by Kevin Bird

Kevin Bird

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In Nicaragua some coffee growers have decided to replace their crops with avocado plantations, because the international price of coffee has reported low prices in recent years. Friday, September 6, 2019 According to reports from CentralAmericaData, in the last seven years the average price of regional coffee exports has registered…

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Nicaragua: Coffee Annual

August 22, 2019 by Kevin Bird

Kevin Bird

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May 31, 2019 The Nicaraguan coffee sector is in the middle of the worst crisis of the last decade. With coffee prices plummeting to $89 per 45 kilogram (kg) bag in May 2019 and farmers not having access to credit, coffee exporters predict that coffee production could fall at least…

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Nicaraguan Coffee Production Predicted to Fall 15 Percent

August 22, 2019 by Kevin Bird

Kevin Bird

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By Jay Byun on June 5, 2019 The Nicaraguan coffee sector is in the middle of the worst crisis of the last decade. “With coffee prices plummeting to $89 per 45 kilogram (kg) bag in May 2019 and farmers not having access to credit, coffee exporters predict that coffee production…

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Coffee: Law Reform Moves Forward, Despite Opposition

August 22, 2019 by Kevin Bird

Kevin Bird

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Thursday, August 15, 2019   Although several sectors disapprove of the initiative, in Nicaragua the Legislative Commission in charge of the reform endorsed the bill that seeks to remove the power of businessmen to propose their representatives to the Coffee Commission. On August 14, the Production and Economy Commission of…

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Coffee price slump leaves farmers earning less than a cent a cup

August 22, 2019 by Kevin Bird

Kevin Bird

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January 13, 2019 LEKU, Ethiopia/LONDON, Jan 14 (Reuters) - In the verdant southern highlands of Ethiopia, coffee farmer Gafeto Gardo is thinking about calling time on an industry that has sustained families for generations. Over the past year, the amount Gafeto gets for a kilogram of coffee beans has fallen…

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