Coffee News Recap, 4 Jul: C price drops below US $3/lb, four new World Coffee Champions crowned in Geneva & other stories
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week.
Editor’s note
For the first time since December 2024, the C price has fallen below US $3/lb.
The market drop follows reports of improved harvests in Brazil, as well as news that the risk of frost has faded in some of the country’s key growing regions.
Accelerated selling in an effort to capitalise on high prices has also helped drive the C market down. However, with Brazilian producers predicted … read more