Coffee

Robusta Coffee Prices Expected To Jump 28% This Year

Robusta coffee prices are forecast to end the year below current levels but still register an annual increase of 28%, a Reuters poll of 10 traders and anal...

JDE Peet's Lowers Earnings Target Due To Shift To Local Brands In Russia

JDE Peet's, one of the world's largest coffee companies, lowered its annual earnings target, saying the impact of a decision to stop selling its...

Greggs Confident As UK Appetite Grows For Its Bakes, Coffee

Greggs stuck to forecasts for profit to rise 10% this year, as British consumers continued to seek its value baked goods, salads and coffee.

Bewley’s And Wrights Of Howth Join Forces To Bring In-Store Coffee Service

Bewley’s has announced that it is set to provide Wrights of Howth with its brand new bean-to-cup beverage units and barista coffee service.

Nestlé Ramps Up Nigeria Raw Material Sourcing As Forex Squeeze Bites

Food giant Nestlé's businesses in Nigeria and other African countries are ramping up sourcing of local raw materials like starch and turmeric,...

Did You Know ...? 19 June 2023

The Belgian Federal Minister for the Economy, Pierre-Yves Dermagne, has given a mid-July deadline for food producers to bring down supermarket food pr...