News
East Asian Buyers Seek Record Breaking Coffees
The Lamastus family has done it again! Just weeks after breaking the record for the highest price ever paid for a coffee at the Best of Panama auction... Read more
Lipton CEO Nathalie Roos Resigns
Lipton Teas and Infusions CEO Nathalie Roos has resigned after two years of leading the world’s largest tea brand by value. Read more
Kenya Growers Violently Protest Meager Bonus
Disappointing bonus payments angered tea workers at several Kenya Tea Development Agency (KTDA) factories and led to violent and, in one instance... Read more
Coffee: High Risks and Changing Climate
The surge in erratic weather is putting coffee production on increasingly shaky ground. Read more
Criminal Investigators Renew KTDA Financial Probe
Kenya’s Directorate of Criminal Investigations (DCI) is interviewing Kenya Tea Development Agency (KTDA) officials about alleged financial mismanagement... Read more
The Murky Waters of Coffeewashing
In a fascinating twist, the Environmental, Social, and Governance (ESG) investing market is shifting with the winds of change, with prominent Wall Street... Read more
The Implications of Frosted Coffee
As STiR recently reported, coffee farmers in the Cerrado Mineiro region of Brazil reported light frosts in early August 2024. Read more
China Warns Medicinal and Pu'er Tea Market Investors to Halt Speculation
China’s Administration for Market Regulation recently published anti-monopoly guidelines for the pharmaceutical sector, including teas and herbs used in Chinese Traditional Medicine (TCM). Read more
Starbucks Turns to Chipotle CEO Brian Niccol for Salvation
Starbucks shares spiked 24% after announcing that Brian Niccol is replacing Laxman Narasimhan as CEO, effective September 9. Read more
Investors Wary of Bubble Tea Bubble
Market researchers forecast continued expansion of the global bubble tea market, but wary investors caution that the bubble may burst. Read more
Resolute Bangladesh Quenches Domestic Demand for Tea
Anxious tea traders in Bangladesh have signaled a return to normal after weeks of deadly protests. Read more
30-Year Coffee Export High for Uganda
Uganda’s coffee export volumes have reached 6.13 million 60-kg bags, the highest in 30 years, according to the Uganda Coffee Development Authority (UCDA). Read more
Kenya Tea Bonus Crisis
Kenya’s small tea growers rejoiced two years ago after receiving record green-leaf bonuses averaging KSh 50.18 per kilo, a sharp increase... Read more
China and Vietnam Tea Exports Rebound in 2024
Chinese and Vietnamese tea exports rebounded in the first half of 2024 as pandemic restrictions faded and trade with the Belt and Road countries expanded. Read more
Record-Breaking Best of Panama Auction Lot Sells for $10,013/kg
The Best of Panama auction broke all previously held auction records last Thursday, August 8, when the top two lots exceeded winning bids of $10,000/kg. Read more
More News and Features
News Tips (ICYMI)
Coffee Consumption Outside the Home Is Back to Pre-Pandemic Levels | Sprudge
Slim Pickings for Tea Plantation Workers in Sri Lanka Election | EcoBusiness
Coffee Linked to a Lower Risk of Heart Disease | NBC News
Koehler Introduces Flexible Paper Packaging Options for Tea | Food Engineering
Whole Foods Rebrands House Coffee Line, Drops Allegro Name | Daily Coffee News
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