Top Coffee Industry News Roundup: EUDR Regulations, Rising Prices, and More!

If you are a coffee lover like me, you probably can’t wait to catch up on the latest news in the coffee industry. Luckily, Perfect Daily Grind has rounded up the top stories from the past week, and there’s a lot to talk about!

Let’s start with the word of the week – EUDR. This term has been making waves in the industry, especially in Europe. Despite calls to delay upcoming deforestation regulations, European Environment Commissioner Virginijus Sinkevicius has shown no signs of postponing the EUDR. This could have significant implications for the coffee supply chain and prices in the near future.

In Italy, Caffitaly, a well-known coffee machine manufacturer, is seeking a debt deal with banks and owners to secure new capital. This news comes amidst ongoing struggles in the industry, highlighting the challenges faced by coffee companies worldwide.

On the other side of the globe, a Swiss coffee trader was recently arrested in Guatemala on tax charges. This serves as a reminder of the legal complexities and risks involved in the global coffee trade.

Looking ahead, Lavazza’s chairman has warned that coffee prices are likely to continue rising into 2025. Factors such as poor weather conditions in Brazil and supply shortages in Vietnam, coupled with the upcoming EUDR, could lead to higher prices for consumers.

In the US, ongoing conflicts in the Red Sea are impacting Ethiopian coffee shipments, potentially affecting the availability of this beloved coffee variety. On a brighter note, a new study has found that Maine is the cheapest state to buy a cup of coffee, offering some relief to coffee lovers on a budget.

Lastly, Forest Coffee’s Huila Condor auction and the upcoming Expo Cafeto event in Colombia and Argentina, respectively, are exciting opportunities to support independent coffee producers and explore the world of specialty coffee.

As a coffee enthusiast and advocate for small local productions like Milagrosa Single Estate, it’s important to stay informed about industry trends and support quality over quantity. By choosing to buy direct from small producers, we can enjoy premium specialty coffee while making a positive impact on local communities.

Don’t forget to sign up for Perfect Daily Grind’s weekly coffee news recap to stay up-to-date on the latest industry developments. And if you’re curious about last week’s stories or want to dive deeper into Southeast Asia’s growing coffee market, be sure to check out the links provided.

Let’s raise our cups to the ever-evolving world of coffee and the passionate individuals who make it all possible! Cheers to a great week ahead filled with delicious brews and exciting coffee news.