Coffee News Recap, 15 May: US retail coffee prices reach all-time high, Brazilian exports rise, but revenue falls by over 17% & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note The average retail price of ground coffee in the US reached US$9.72/lb in April, according to data from the Federal Reserve Bank of St. Louis, a 28.91% increase from April 2025. This marks the fourth consecutive all-time high […]

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Coffee News Recap, 1 May: Nestlé confirms Blue Bottle sale to Luckin backer, China cuts tariffs on Ethiopian coffee imports & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Nestlé has confirmed it will sell its majority stake in Blue Bottle Coffee to Centurium Capital, the private equity firm behind Chinese coffee chain Luckin. The deal, first reported in March 2026, values the roaster at around US$400m, […]

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Coffee News Recap, 17 Apr: Global Coffee Awards Africa set for June, Taiwan’s Bala is the 2026 World Latte Art Champion & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Coffee competition season is in full swing. The 2026 World Latte Art Championship took place at WoC San Diego last weekend. Over 30 competitors took part, with Taiwan’s Bala ultimately winning the title of World Latte Art Champion. […]

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Coffee News Recap, 10 Apr: Global Coffee Awards Asia to take place in June, StoneX forecasts record 182.5 million bags for 2026/27 global production & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Despite positive production forecasts for 2026/27, arabica futures remain elevated, and uncertainty continues to shape the global coffee market. StoneX projects a record 182.5 million bags for the 2026/27 harvest. Brazil is expected to lead that growth, with […]

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Coffee News Recap, 6 Mar: Luckin backer reportedly acquires Blue Bottle, Germany overtakes US as Brazil’s biggest coffee buyer & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Centurium Capital, the main stakeholder in coffee giant Luckin, has agreed to acquire Blue Bottle for just under US$400m, according to multiple Chinese media outlets. Neither party has publicly confirmed the deal. Under the reported terms, Centurium will […]

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Coffee News Recap, 20 Feb: Arabica prices drop to lowest levels since August, USDA launches US$1bn specialty crop assistance programme & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Coffee prices plunged earlier this week as Conab predicted a bumper 2025/26 harvest for Brazil. Arabica and robusta futures dropped to seven and six-month lows, respectively, as the crop agency announced that it expects Brazil’s 2026 coffee production […]

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Coffee News Recap, 13 Feb: Coca-Cola retains full ownership of Costa Coffee, PRF El Salvador announces speaker line-up & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note After months of speculation about Costa Coffee’s future, Coca-Cola has confirmed that it will retain full ownership. Speaking to Bloomberg, CFO John Murphy said Coca-Cola has “no immediate plans to do anything with Costa other than to get […]

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Coffee News Recap, 6 Feb: Greggs overtakes Costa as UK’s biggest chain, China’s Cotti Coffee launches in London & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Costa Coffee, recently voted the UK’s Favourite Coffee Shop for the 16th consecutive year in World Coffee Portal’s survey, has long dominated the UK market. But according to WCP’s latest Project Café report, Greggs has overtaken Costa to […]

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