|Day's Range||104.45 - 107.15|
Do you love CBD? Do you love it so much you want to declare it on a coffee mug, tank top, or a bumper sticker? You are not alone. The popularity of cannabidiol—one of the many chemical compounds found ...
Blockchain technology is nothing if not utilitarian, with it essentially tackling the two cardinal problems prevalent within supply chains – the lack of visibility and transparency among stakeholders. For centuries, coffee has been one of those commodities that has truly been traded across continents, as coffee plantations invariably were situated around the equatorial belt while the beverage has been enjoyed ubiquitously around the world. Fascinatingly enough, blockchain's possibilities in the coffee value chain transcend the usual trope of visibility and trustability.
Coffee is falling hard on Thursday amid fundamental news. Soybeans and corn are also declining amid reports that says the delays weren’t too much.
For the first time ever, residents of Glasgow were in late May treated to a cuppa with a twist: cappuccinos made from camel milk. The Willow Tea Rooms in the Scottish city introduced the new coffee drink as part of a project to support Kenyan female milk traders who are battling climate change in Wajir county located in the nation’s northeast. With more than 12.2 million heads of camel, East Africa is home to some of the world’s largest camel populations.
Coffee prices have long been fragile, and yesterday’s 7.3% drop – the worst one-day decline since 2010 – underscored Arabica’s vulnerability to weather fears and fluctuations in the Brazilian real.
Domestic coffee prices in Vietnam fell sharply on Thursday from Wednesday, halting the strong recovery from a six-year low seen in early May. Farmers in the Central Highlands, Vietnam's largest coffee growing area, sold coffee at 33,000 dong ($1.41) per kg on Thursday, down 3% from Wednesday but higher than last week's prices of 32,000-32,700 dong. "The price fall after a sharp decline in global prices is seen as a necessary technical correction, but I don't think prices can fall much further as domestic supplies are running low," a trader based in Dak Lak province said.
ASSOCIATED PRESS LOS ANGELES — California has officially concluded coffee does not pose a “significant” cancer risk. State regulators gave final approval Monday to a rule that means coffee won’t have to carry ominous warnings that the beverage may be bad for you.
High in the lush green mountains of western Colombia where they grow the soft beans from which the world's finest coffee is cultivated, growers are up in arms over the giveaway prices being fixed a world away on the floor of the New York Stock Exchange. "We are paid a pittance," says Gustavo Echeverry, 50, expressing the frustration of many of the 15,000 or so inhabitants of this coffee-growing center nestled in the mountains. Some growers around the village of Santuario have been forced to rip up their crops to grow something -- anything -- else.
Andy Gordon became the CEO of Coffee Holding Co., Inc. (NASDAQ:JVA) in 1997. This analysis aims first to contrast CEO...
Investors in Luckin Coffee, a Beijing-based company that hopes to topple Starbucks, have grounds for celebration today. Luckin started trading on the Nasdaq, where it opened at $25 a share, well above the company’s IPO price of $17. Luckin’s main offering is its smartphone app, which lets customers purchase coffee for delivery or pickup at nearby locations and gives the company crucial data on regional tastes.
Gone are the days of fetching coffee and running errands, at least for some internships. The highest-paid interns in America earn more than double the wage rate of the average US worker, according to job-reviews site Glassdoor.
JAB Holding Co, the majority owner of Keurig Dr Pepper Inc, plans to sell a small stake in the coffee and beverage company to increase its public float, the company said. Family-owned JAB Holding combined its Keurig coffee business and the publicly-traded soft drinks company to create Keurig Dr Pepper last year, which helped the conglomerate expand into the soft-drinks business. Shares of Keurig Dr Pepper fell 1.5% to $29.12 in early trading.
Valued at more than $2 billion in its last funding round, the coffee chain has aspirations to unseat Seattle-based Starbucks as China’s dominant coffee chain. Luckin is pricing the shares its offering between $15 and $17, and hopes to raise more than $500 million. Some have argued that Luckin is as much a tech company (paywall) as it is a drinks business.
Deepening its trade battle with the U.S. and sending financial markets spinning, China announced tariff hikes Monday on $60 billion of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. Punitive charges of 5% to 25% on thousands of American products including batteries, spinach and coffee will take effect June 1, the Finance Ministry said. NEW YORK (AP) -- The Dow Jones Industrial Average plunged more than 600 points Monday as investors sought shelter from an escalating trade war between the U.S. and China.
Of all the distractions that come with working in an office, the biggest is not the room temperature or the traffic sounds from outside. The sound of coffee being made is a moderate to very high distraction for only 26%, while 46% said they were distracted by pets in the office (which was less than the 53% who reported moderate to very high distractions caused by visiting children). The global study of designs and distractions in offices surveyed 5,150 employees who work at least three days minimum in a corporate environment.
A roasting company in California is offering coffee lovers the chance to try the world’s most expensive cup of coffee for a limited time.
It is one of the first things we know about coffee – that Fairtrade is better than regular brands – but what does that mean exactly and do the farmers really benefit? Coffee farming in Africa has captured the imagination of the Western World more easily than, say, banana, barley, or peanut farming, but are we just salving our conscience by choosing the Fairtrade label or are we actually doing good? One Irishman (and his fellow Irish partner) are enabling real support for coffee farmers and using blockchain to prove the supply chain. This is the story of how a trek in Uganda opened up a new vista and launched a new project. Killian Stokes is currently an adjunct lecturer The post Coffee is waking up and smelling the blockchain appeared first on Coin Rivet.
Starbucks and Microsoft are working on a series of tech solutions, Microsoft announced in a press release following the company's Build 2019 conference.The post Starbucks partners up with Microsoft on new tech - including blockchain solution for tracking coffee supply chain appeared first on The Block.
Starbucks aims to give consumers and farmers more data on its coffee products using a blockchain service from Microsoft.
The truth may be that our preferences for caffeine or alcoholic beverages -- or indeed sugary sodas -- derive not so much from the way they taste but how they make us feel, according to a new study by genetic scientists at Northwestern University that was published in Human Molecular Genetics on Thursday. In her latest work,Marilyn Cornelis, who has published previously on the genetics of coffee consumption, set out to determine which taste genes are responsible for what we drink, she told AFP. "The genetics underlying our preferences are related to the psychoactive components of these drinks," said Cornelis.
Yesterday, JP Morgan Chase sparked Twitter rage when it tweeted (since deleted) the question: “why is my balance so low” and responded that people should be more mindful with their spending, by cutting out coffee, dining out, and short taxi rides. Chase may not be the best messenger, since its history of charging high fees to low-income customers is one reason their bank balance is low. It also pays executives, like CEO Jamie Dimon, lavish salaries.
As the April 26 release of Avengers: Endgame, the latest movie in the popular Marvel franchise, coincides with the ongoing final season of Game of Thrones (GoT), it’s a great time to be a pop culture merchandiser in India. After the new season of HBO’s GoT premiered on April 16, sales of T-shirts, coffee mugs, and other products themed on the fantasy show have multiplied at e-commerce firms Myntra, Redwolf, and The Souled Store, which sell its official merchandise in India. Since the first episode of the season, Myntra’s GoT merchandise sales have doubled, and those at The Souled Store have quadrupled, compared with the whole of March, statements from the companies said.
Coca-Cola is planning to launch Coca-Cola Coffee in 25 markets by the end of the year. The drink blends Coke soda with coffee in a bid to appeal to consumers who want less sugar in their drinks but more caffeine. Ready-to-drink coffee is the fastest-growing segment in the coffee category, growing 31% in 2016 and 2017, according to Mintel.