May 5, 2023

Coffee News Recap, 5 May: WAC confirms more national competition hosts, Vietnamese robusta production set to fall to four-year low & other stories


Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories.

Mon, 1 May

  • Westrock Coffee publishes 2022 Sustainability Progress Report. The report highlights the company’s key environmental and social sustainability activities from last year, including increasing global purchases of certified and verified responsibly-sourced coffee by 9% – amounting to an increase of over 19.5 million lbs.
  • Nomad Coffee Group achieves B Corp certification. The group – which includes Veneziano Coffee Roasters, Black Bag Roasters, Coffee Hit, and Flight Coffee – implemented several new initiatives to receive the certification, including its Volunteer Time Off Policy and Parental Leave Policy, as well as improving waste management and coffee sourcing programmes.

Tue, 2 May

Wed, 3 May

  • Registration opens for World of Coffee Athens. Visitors can now apply to attend the event, which will take place from 22 to 24 June at the Athens Metropolitan Expo centre. Submissions for this year’s Coffee Design and Best New Product Awards have also been extended to 23:59 on 5 May.

Thu, 4 May

  • World Coffee Research publishes new Robusta Variety Catalogue. The new guide profiles 47 robusta varieties from countries including Brazil, India, Indonesia, Uganda, Mexico, and Vietnam. The catalogue also outlines several different variables, such as yield potential, stature, bean size, nutrition requirements, lineage, and susceptibility to pests & diseases.

Fri, 5 May

  • ICO Composite price reaches highest level since September 2022. Between March and April 2023, the ICO Composite Price Indicator increased by 5%, averaging around 179.51 US cents/lb during the period. Average prices for all group indicators increased in April 2023, while global green coffee exports decreased by 9.6% to 10.90 60kg million bags.

Here are a few coffee news stories from previous weeks that you might find interesting. Take a look.

  • Fri, 28 Apr – Lavazza appoints new Board of Directors. The Italian coffee company announced Giuseppe Lavazza as the new Chairman and Alberto Lavazza as Honorary Chairman. Marco Lavazza has also been reappointed as Vice Chairman.

Photo credits: World AeroPress Championship

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