Coffee News Recap, 6 Nov: Icafe predicts 9.7 million-bag global surplus in 2026/27, Luckin edges closer to Starbucks’ global store count & other stories
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week.
Editor’s note
Two reports this week show coffee trade changing at both ends of the supply chain. Analysis by the Coffee Institute of Costa Rica (Icafe) of five forecasts points to record production of 187.72 million bags in 2026/27, up almost 6% from last year, against consumption of about 178 million. This would leave a surplus of 9.7 million bags, following four years of deficits and a small surplus … read more