Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week.
Calls to address the challenges that the EUDR will create continue across the coffee industry. This week, key stakeholders including Fairtrade International, Global Coffee Platform, and the European Coffee Federation warned that the legislation could unintentionally harm smallholder farmers.
So far, EU decision makers are yet to publicly respond to continuous fears about how the strict regulations will impact supply chains, but it seems likely that without a response or adjustment, concerns will continue over the coming months.
Arabica futures also rose by 5% this week following isolated cases of frost in Brazil’s growing regions last weekend. Although none were significant enough to cause damage, it’s a stark reminder of ongoing market volatility.
For roasters, this means inventory management becomes increasingly important – especially with robusta prices also close to historic highs. Profit margins will remain tight for the foreseeable future, so roasters need to stay agile and plan ahead to cope with rising costs – and avoid passing too many on to their customers.
Photo credits: @sarah.joy.photogprahy, Producer & Roaster Forum
Want to keep up with current affairs in the coffee industry? Check out last week’s coffee news stories and make sure to read the latest Coffee Intelligence News & Opinion piece on why Hartree’s acquisition of Volcafe is a symptom of a sector in crisis.
Passionate about music and coffee, not necessarily in that order. He has been writing about both, and many other things, since 2005.
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