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News of new coffee
funding woes cut vietnam coffee sales; discounts widen
vietnam coffee exporters seek funds for new crop
nestle opens second nespresso boutique bar in manhattan, new york
nestle malaysia sees half year turnover up 8.6%
colombia says on pace for 2010 coffee output target
chick-fil-a introduces new breakfast offerings
melitta brews new coffee line
fresh harvest products starts new coffee food service division
pinkberry launches new coffee frozen yogurt
mcdonald's to introduce new coffee products - report
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funding woes cut vietnam coffee sales; discounts widen

... vietnam's coffee crop year lasts between october and september ... but banks have become more cautious after many coffee firms made losses in the first quarter of 2010, as they signed export contracts late last year with forward shipments, then failed to buy beans locally after prices rose ... 3 million dong ($1,708) per tonne, a new 25-month high, on thursday, to track rallies in london futures, which were also driven by concerns about wet weather in vietnam ... banks have not made clear how much funding they could give exporters even though the new coffee crop year began on oct ... about 40 percent of the world's coffee supply is robusta, a less expensive and often easier species of coffee tree to grow more

 Source : flex-news-food.com   Date : 28 October 2010   Category : food industries Economic
vietnam coffee exporters seek funds for new crop

... bankers and coffee exporters say corporate demand for cash for bean purchases often stays high in the fourth quarter, especially in november or december, when the harvest peaks ... daklak investment export-import corp, or inexim daklak, one of the country's top coffee exporters, hoped to raise at least $1 ... harvest starts next month the company is based in daklak, vietnam's largest coffee growing province, where the harvest will start next month ... inexim often buys half of its annual coffee exports in december ... exporters in the red banks have also become more cautious after many vietnamese coffee firms made losses in the first quarter of 2010, as they signed export contracts late last year with forward shipments, then failed to buy beans locally after prices rose ... "lending now has to be selective as banks want to avoid bad debt and risks," said a bank executive in ho chi minh city, vietnam's largest coffee trading market ... several major banks which announced lending packages for coffee business last year have yet to renew their offers, even though the new coffee crop year has begun this month, she noted ... only a small lender, ho chi minh city-based hd bank, said it would extend credit worth 2 trillion dong ($103 million) from next month to coffee companies and farmers ... vietnam, the world's second largest coffee producer after brazil, has nearly 150 companies that export coffee, but 80 percent of shipments are handled by 20 companies, led by vinacafe, intimex, thai hoa vietnam, simexco and inexim daklak ... in the 2009/2010 season, its coffee export rose 5 more

 Source : flex-news-food.com   Date : 15 October 2010   Category : food industries Economic
nestle opens second nespresso boutique bar in manhattan, new york

... the soho boutique houses a coffee bar that will serve the 16 grands crus, offer espresso and espresso-based beverages, and serve a light menu for breakfast, lunch and dinner ... the new soho boutique is one of ten brand-operated boutiques throughout the us operating in new york city and miami; boston; sur la table in scottsdale, arizona; and five boutique-in-shop locations at soho, new york; chevy chase, maryland; chicago; san francisco and costa mesa, california ... this boutique bar adds to the other new boutiques opened this year in the international cities of cape town, brussels, miami and shanghai ... nespresso north america president frederic levy said that the new coffee culture is about giving people the opportunity to truly savor and enjoy a premium coffee experience whether in a nespresso boutique or at home ... "new york (soho) is a natural fit for nespresso because it is a gateway to the us for many european luxury brands,” levy said ... the coffee company has plans for new boutiques in munich and sydney, which are slated to open in 2010 ... nespresso products are based on a proprietary system of single-serving 'capsules' containing ground coffee, and specialized machines to brew espresso from the contents of the capsules more

 Source : food-business-review.com   Date : 22 September 2010   Category : restaurants and Food industrie
nestle malaysia sees half year turnover up 8.6%

... locally, the quarter saw many marketing activities and new product launches leveraging on improved economy and consumer sentiment ... new coffee creamer and coffee production lines commissioned in the past 2 years have been well leveraged to meet the increased export demand ... several new products were launched namely, canned nescafe ipoh white coffee and maggi atta whole wheat noodles with fibre, lower fat and no added msg more

 Source : flex-news-food.com   Date : 27 August 2010   Category : restaurants and Food industrie
colombia says on pace for 2010 coffee output target

... 3 coffee exporter, produced around 4 ... arabica coffee futures for december jumped 5 ... the federation's forecast matches the target given by coffee officials from three states earlier this month ... increasing coffee land colombia's government and the coffee growers' federation on thursday outlined a five-year program that calls to increase coffee areas by 200,000 hectares (494,200 acres) in 2015, up from the 888,000 now to increase coffee output to 14 million bags by 2015 ... "coffee farms have room to keep on growing as we plan to continue working on the renovation," munoz said ... "the idea is keep ascending in a bid to reach about 1 million hectares by 2020 gradually and in an organized manner so that the coffee supply does not affect prices ... " the federation plans to convince growers who currently have citrus plantations such as oranges mixed with coffee to gradually switch to coffee beans ... other plan calls for the purchase of new hectares ... to reach the 200,000 new coffee hectares, the federation plans to promote farms with less than five hectares of which three must be planted with coffee ... the new areas aim to generate 160,000 new jobs ... munoz said coffee producers and exporters have received $30 ... "the exchange rate has been like a roya for coffee growers as it hit very hard," munoz said, referring to the roya fungus that hits coffee plantations ... prices of colombian coffee and arabica beans will likely remain high amid increased demand for coffee and low bean inventories, munoz said ... global coffee consumption continues to grow around 2 percent annually while global production only grows 0 ... 9 percent annually, he said, noting that annual coffee consumption will continue to grow 2 percent per year until 2020 more

 Source : flex-news-food.com   Date : 27 August 2010   Category : Beverages
chick-fil-a introduces new breakfast offerings

... chick-fil-a, a quick service restaurant chain, will introduce two new menu items, yogurt parfait and house roast coffee, at its restaurants beginning january 4, 2010 ... the new yogurt parfait includes strawberries, covered with vanilla yogurt topped with either nut granola blend or chocolate cookie crumbs ... the new chick-fil-a house roast coffee is a colombian blend that will replace the chain's current coffeehouse light and bistro dark offerings ... the individual restaurants will continue utilizing all existing coffee currently in the system until its depleted and the chain anticipates the new coffee will be in all units by mid january more

 Source : food-business-review.com   Date : 30 December 2009   Category : restaurants and Food industrie
melitta brews new coffee line

... melitta, a privately held coffee maker, is launching its biggest campaign ever to promote a new line of european gourmet coffee products ... the effort, which begins today, advertises melitta's new cafe collection via print and tv ads touting the line’s heritage ... one spot shows a waiter walking with a cup of freshly brewed melitta coffee past the eiffel tower, into a taxi, onto a plane and into the home of a u ... s consumer, where he then serves the coffee to “the lady of the house ... along with the campaign, melitta has introduced new packaging ... the coffee maker previously marketed its products using color-coded cans ... cafe collection marks the company’s first new product introduction in several years, as previous efforts consisted mainly of line extensions ... in addition to selling coffee makers and filters, melitta’s other products include whole harvest estate coffees and the dessert collection ... cafe collection will be available in bagged form only, as it’s appealing to the “premium segment,” hillman said, adding that demand for this category of coffee is growing in the u ... its 2008 measured media outlay was $600,000—the same as the year prior—and it spent $100,000 advertising its coffee products through july of this year, per nielsen ... he added that as coffee drinkers cut back on starbucks and others, the trade down presents another opportunity more

 Source : fpc.unl.edu   Date : 12 October 2009   Category : Beverages
fresh harvest products starts new coffee food service division

... the company has said that the new division will give it an opportunity to expand into the organic coffee food service industry and will also provide additional revenue for the company as well as increase its gross profit margins ... dominick cingari, coo, said: "we are working on hiring personnel to focus on our food service coffee sales and grow this division more

 Source : food-business-review.com   Date : 11 February 2008   Category : restaurants and Food industrie
pinkberry launches new coffee frozen yogurt

... the coffee frozen yogurt will be available on its own and in a swirl with the plain frozen yogurt ... shelly hwang, co-founder of pinkberry, said: "our frozen yogurt is unique because you can taste the perfect balance of each flavor - the coffee, the signature pinkberry yogurt tang, and the toppings - none overpower the others more

 Source : food-business-review.com   Date : 16 January 2008   Category : Dairy Products
mcdonald's to introduce new coffee products - report

... the company, which launched its first premium coffee offering 18 months ago, said that it is optimistic that these new coffee products will attract more customers and increase annual revenues by around $125,000 more

 Source : food-business-review.com   Date : 21 November 2007   Category : restaurants and Food industrie
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