Coffee News Roundup: Week Ending March 22nd
Does anyone want to buy my Starbucks NFT? . . . Anyone?
Another week, another smorgasbord of coffee news. What’s been going on?
For the third year in a row, Brazilian coffee production has steadily increased despite the country’s arabica coffee usually following a biennial production schedule with alternating larger and smaller harvests. However, drought and frost hit the country in 2020 and 2021, breaking the cycle—and there’s a chance this upswing trend will continue.
The Specialty Coffee Association has released a report exploring the findings from its 2023 survey investigating equitable value distribution in the industry. There’s a lot in there, but basically respondents believe that farmers are not reaping the value of coffee proportionate to the amount of value their work gives coffee.
And Starbucks is shutting down its NFT rewards program Odyssey before it even left the beta testing phase. Then-CEO Howard Schultz announced Odyssey’s launch in 2022 during an anti-union tour, using NFTs to “excite [workers] about a union-less future with the company,” according to Mashable.
Read the full Roundup over at Fresh Cup Magazine:
Last week, Fresh Cup also revamped and republished my piece about the Red Sea crisis and the coffee industry’s focus on shipping delays rather than the ongoing genocide in Gaza: read Coffee At Sea.
I’ll be back with a new article on Friday, but until then it’s goodbye from Merlin:
