E15 | Coffee Trends 2016
Wes and Jesse discuss coffee trends. Sound boring? No! It’s not boring. It is interesting. This is not your average coffee shop conversation. So get your ear buds ready, get your mug in hand, and join the team in tackling this weeks episode.
“Specialty coffee accounts for nearly half of all cups consumed in the United States, according to the Specialty Coffee Association of America.
“Specialty roasters including Stumptown, Intelligentsia and Keurig Green Mountain have been scooped up by JAB Holdings Inc., the investment vehicle of the billionaire Reimann family of Germany, a sign investors see value in the specialty coffee space.”
Reporting By Luc Cohen; Editing by Alistair Bell
“Krispy Kreme Doughnuts Inc., facing slower sales growth and more demanding customers, is pushing deeper into Starbucks Corp. and Dunkin’ Donuts’ territory.
The company is doing more to promote its coffee, which for years was an afterthought at the doughnut chain. At a test location in Clemmons, N.C., workers are grinding beans and using a manual espresso machine to make lattes and cappuccinos. They’re even referring to themselves as baristas, and employees are taking customers’ names with orders — an approach made famous by Starbucks.”
By Leslie Patton
“Coffee futures proved among the worst ag performers of 2015 – in particular New York-traded arabica ones which dropped by 24%, compared with the 21% decline in their London-listed robusta peer.
The drop to a large part reflected the decline in currencies in major producers Brazil and Colombia, cutting the value in dollar terms of a commodity in which they represent a large chunk of world supplies.”
By Agrimoney.com – Published on 01/04/2016