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Costa Rican Coffee Price "Sky Rocket" Now Launching!Sept. 14, 2012 - A Colombian harvest may be less than expected, joining three shallow harvest years prior to it. NOW appears to be the time for consumers to pick up on some reasonably 'inexpensive' Jo.
December's coffee delivery leaped from 10.6 cents, or 6.5 percent, to $1.7365 per pound. Not since August has the level been higher. Colombia’s coffee has been stunted by delays earlier in the season caused by heavy rains. Thus Barclay Capital reports higher prices are on the way. THE CONTEST IS ON!!Costa Rican Coffee Profits Coming Again:
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"Prices are going much, much higher," the WSJ quoted Mr. Rosenberg . "But it may not be next week."
Also sprawling urban developments have shrunk availability of the best coffee land since then. Other land has gone wasted as weeds and non-commercial trees have taken over the land, it said. Coffee producers also are taking advantage of the fact that their plantations are often in scenic areas visited by tourists. Coopronaranjo started a coffee tour five years ago that draws hundreds of foreigners a year who each pay $22 to visit Espiritu Santo, an old-fashioned hacienda several hours from the capital of San Jose, to take part in the harvest and participate in coffee-tasting classes. "There was a time where the producers had to choose between feeding themselves and feeding their coffee," Mr. Vera said. "So they neglected the plantations. It's good that in these moments that prices are good, they've changed their mentality and culture." |
US Fed's "QE3" and Costa Rican coffee as a retiree's investment
"The Fed has engaged in several rounds of quantitative easing (QE). The first round of bond purchases, known as QE1, aimed to arrest the financial crisis, in part by clearing room on bank balance sheets," reports the New York Times in its Sept. 13 edition.
"The second round, called QE2, was started amid concerns that prices were increasing too slowly, raising the specter of deflation. This round, by contrast, is aimed squarely at the huge and persistent unemployment crisis."
Most analysts are expecting greater inflation, making US dollars cheaper. Cost of living for retirees and wage workers certainly will go up. For it takes time for wages and pensions to catch up via COLAs and raises. Recession, which threatens also and is the main reason for the Fed's move, also weakens rising income in an employer's job market.
This translates into harder times for all, but particularly if retirees are basing a retirement income on the unstable foundation of the US Dollar.
Too much Federal Reserve activity in the printing press' room, as the United States tries to "monetize" its debt, that is, inflate its way out of serious debt trouble.
While that may be a viable and OK strategy for them, it can only make our money's ability to purchase good and services in the United States that much harder. Our standard of living is going to take a hit!
Strategies suggested by the experts are to buy gold, silver, strong foreign currencies, and will keep on going industries like agriculture.
Converting your dollar-based retirement funds into such commodities as quickly as you can will stabilize what you have.
It should be that we try to save the value it enjoys today, tomorrow. Only by transferring it to something going up as the dollar goes down, promises to do that.
"The second round, called QE2, was started amid concerns that prices were increasing too slowly, raising the specter of deflation. This round, by contrast, is aimed squarely at the huge and persistent unemployment crisis."
Most analysts are expecting greater inflation, making US dollars cheaper. Cost of living for retirees and wage workers certainly will go up. For it takes time for wages and pensions to catch up via COLAs and raises. Recession, which threatens also and is the main reason for the Fed's move, also weakens rising income in an employer's job market.
This translates into harder times for all, but particularly if retirees are basing a retirement income on the unstable foundation of the US Dollar.
Too much Federal Reserve activity in the printing press' room, as the United States tries to "monetize" its debt, that is, inflate its way out of serious debt trouble.
While that may be a viable and OK strategy for them, it can only make our money's ability to purchase good and services in the United States that much harder. Our standard of living is going to take a hit!
Strategies suggested by the experts are to buy gold, silver, strong foreign currencies, and will keep on going industries like agriculture.
Converting your dollar-based retirement funds into such commodities as quickly as you can will stabilize what you have.
It should be that we try to save the value it enjoys today, tomorrow. Only by transferring it to something going up as the dollar goes down, promises to do that.
"BEST BEANS" in Costa Rica Found and most in Micros!
The Tico Times is reporting that 2012's Cup of Excellence's highest-scoring Costa Rican coffee at the online auction, July 3, 2012.
Heredia's Brumas del Zurquí coffee in was awarded 93.47 points in the national cupping competition in May (TT, June 29). Three micro-roasting coffee companies in Japan paid nearly $100,000 for 2,200 pounds of the winning green coffee.
Heredia's Brumas del Zurquí coffee in was awarded 93.47 points in the national cupping competition in May (TT, June 29). Three micro-roasting coffee companies in Japan paid nearly $100,000 for 2,200 pounds of the winning green coffee.
Judges awarded the especially high score to the Heredian coffee for its unique complexity of dried raisin and prune flavors along with floral aromas.
Prior to the auction, Cup of Excellence international judge Bernd Braune said the winner was a surprise to all because Heredia is not particularly known for exceptionally unique micro coffee lots. Over the past five years, coffee producers around Costa Rica have improved their growing and harvesting practices, Braune said, and to see this quality of coffee is exciting.
The buyers of the winning lot are Maruyama Coffee, Yokoi Coffee and Bontain Coffee. The president and founder of Maruyama Coffee, Kentaro Maruyama, is the chairman on the Cup of Excellence’s board of directors. Bontain Coffee’s owner, Yoshi Kato, is also a board member.
A total of 27 Costa Rican coffees were auctioned at an average price of $8.90 a pound, bringing in some $600,000 for Costa Rican coffee producers and the Coffee Institute of Costa Rica.
Prior to the auction, Cup of Excellence international judge Bernd Braune said the winner was a surprise to all because Heredia is not particularly known for exceptionally unique micro coffee lots. Over the past five years, coffee producers around Costa Rica have improved their growing and harvesting practices, Braune said, and to see this quality of coffee is exciting.
The buyers of the winning lot are Maruyama Coffee, Yokoi Coffee and Bontain Coffee. The president and founder of Maruyama Coffee, Kentaro Maruyama, is the chairman on the Cup of Excellence’s board of directors. Bontain Coffee’s owner, Yoshi Kato, is also a board member.
A total of 27 Costa Rican coffees were auctioned at an average price of $8.90 a pound, bringing in some $600,000 for Costa Rican coffee producers and the Coffee Institute of Costa Rica.
Posted by Jaime Lopez on May 14, 2012 in Entertainment
As written on the pages of Los Santos Hoy, an online news portal for one of Costa Rica’s premier coffee growing and roasting regions, the 2012 Taza de la Excelencia (Cup of Excellence) went to the following producers:
Finca Zamora de Heredia La Lia de Tarrazu ASOPROAAA de Acosta Monte Copey de Dota.
Once again the Dota and Tarrazu regions have the some of the best coffees in Costa Rica, and thus some of the best in the world.
The seventeen members of the coffee cupping jury this year came from Brazil, Germany, Hong Kong, Japan, the Netherlands, Nicaragua, Norway, South Korea, and the United States. The Costa Rica Star has previously written about the elaborate practice of coffee cupping, which is similar to wine tasting in scope and complexity.
Coffee cupping is mostly practiced by professionals who are involved in different capacities within the coffee industry. While it is safe to assume that some kind of tasting and aromatic quality control has existed since ancient times, the standard practice of coffee cupping for the sake of comparison across blends and roasts did not begin in earnest until the late 19th century.
American coffee giants Hills Brothers are generally credited for introducing cupping to the coffee industry. At the end of the 19thcentury, the Hills Brothers Coffee Company had set up its coffee packaging headquarters in San Francisco, California.
The tasters at Hills Brothers used to roast and steep samples of coffee offloaded from the ships arriving at the Embarcadero from different parts of the world. The results from this cupping determined if Hills Brothers would be interested in purchasing coffee for further roasting and packaging.
According to the Fine Coffees Association of Costa Rica (SCACR in Spanish), the Cup of Excellence began with 96 different roasts submitted by domestic producers back in March. Different types of growers and roasters are participate, from the massive sun coffee farms that export thousands of metric tons, to the small coops and family operations that only have a handful of choice clients.
After several rounds of cupping, around 25 domestic and international roasts are submitted to an online auction that will take place on July 3rd.
In the past, winning roasts at the auctions have fetched prices around $27 per pound. Last year’s winner, La Estrella from Dota went for $20 at the auction.
The price of a pound of coffee in the New York Mercantile Exchange (NYMEX) these days is just under $2, according to Andrea Navarro of Costa Rica Hoy.
The auction prices are consistent with the economics of gourmet and organic coffee these days.
As written on the pages of Los Santos Hoy, an online news portal for one of Costa Rica’s premier coffee growing and roasting regions, the 2012 Taza de la Excelencia (Cup of Excellence) went to the following producers:
Finca Zamora de Heredia La Lia de Tarrazu ASOPROAAA de Acosta Monte Copey de Dota.
Once again the Dota and Tarrazu regions have the some of the best coffees in Costa Rica, and thus some of the best in the world.
The seventeen members of the coffee cupping jury this year came from Brazil, Germany, Hong Kong, Japan, the Netherlands, Nicaragua, Norway, South Korea, and the United States. The Costa Rica Star has previously written about the elaborate practice of coffee cupping, which is similar to wine tasting in scope and complexity.
Coffee cupping is mostly practiced by professionals who are involved in different capacities within the coffee industry. While it is safe to assume that some kind of tasting and aromatic quality control has existed since ancient times, the standard practice of coffee cupping for the sake of comparison across blends and roasts did not begin in earnest until the late 19th century.
American coffee giants Hills Brothers are generally credited for introducing cupping to the coffee industry. At the end of the 19thcentury, the Hills Brothers Coffee Company had set up its coffee packaging headquarters in San Francisco, California.
The tasters at Hills Brothers used to roast and steep samples of coffee offloaded from the ships arriving at the Embarcadero from different parts of the world. The results from this cupping determined if Hills Brothers would be interested in purchasing coffee for further roasting and packaging.
According to the Fine Coffees Association of Costa Rica (SCACR in Spanish), the Cup of Excellence began with 96 different roasts submitted by domestic producers back in March. Different types of growers and roasters are participate, from the massive sun coffee farms that export thousands of metric tons, to the small coops and family operations that only have a handful of choice clients.
After several rounds of cupping, around 25 domestic and international roasts are submitted to an online auction that will take place on July 3rd.
In the past, winning roasts at the auctions have fetched prices around $27 per pound. Last year’s winner, La Estrella from Dota went for $20 at the auction.
The price of a pound of coffee in the New York Mercantile Exchange (NYMEX) these days is just under $2, according to Andrea Navarro of Costa Rica Hoy.
The auction prices are consistent with the economics of gourmet and organic coffee these days.
