Coffee: latest news, insights and analysis | ESM Magazine

J.M. Smucker Raises Profit Forecast On Upbeat Demand

J.M. Smucker Co on Tuesday raised its forecast for fiscal 2021 adjusted profit, after the Jif peanut butter maker topped estimates for first-quarter sales...

Massimo Zanetti Posts Net Loss Of €17m In H1 2020

Roasted coffee producer and distributor Massimo Zanetti Beverage Group (MZBG) has reported a net loss of €17 million for the first half of its financi...

New Owner For Portuguese Coffee Brand Portucale

Portuguese investment fund Domus Capital Group has entered the coffee market with the acquisition of the Portucale brand. The brand, which is produced a...

Coffee Prices Seen Rising Slightly By End-2020 Despite Higher Surplus

Coffee prices, both for arabica and robusta futures, are seen rising slightly by the end of 2020 from current values despite an overall view of a larger su...

Central American Coffee Farmers Face Big Challenge As Market Shrinks: ICO Chief

The International Coffee Organisation (ICO) has acknowledged Central American farmers' "immense challenges" as coronavirus batters the...

Costa Rican Coffee May Go Unharvested As Pandemic Creates Migrant Worker Shortage

Coffee connoisseurs across the world prize Costa Rica's gourmet beans, but local farmers warn that if a coronavirus-induced foreign labour shortage is not...

Plus Expands Private-Label Coffee Range

Dutch retailer Plus has announced that it has added 14 new products to its private-label coffee range in the cups, capsules and beans segments. The new...

Coffee Maker JDE Peet's Valued At $17.3bn In Virtual IPO

Shares in coffee maker JDE Peet's surged almost 13% in their stock market debut today (29 May) as investors jumped on one of the few big IPOs launched duri...