Weekly Coffee News: Cup of Excellence Milestone + A Matcha Shortage?
Briefly

The Cup of Excellence competition in Honduras resulted in locally winning coffees being purchased by Spirit Animal Coffee, a roaster based in Honduras. This event signifies a shift towards valuing local coffee, as traditionally, high-quality coffees are exported. Additionally, Scooter's Coffee, a Nebraska-based coffee chain, is considering a sale with a potential valuation of around $1 billion. The ICO reported an 11.8% price drop for coffee, falling below $3 for the first time since late 2024. Brazil and Vietnam are planning a food security agreement which includes a joint coffee exchange.
"Coffees of this caliber are usually exported and never tasted locally. Keeping them here is a turning point for how coffee-producing countries reclaim pride, ownership and recognition in the global market."
"Scooter's Coffee is exploring a sale that could value the company at approximately $1 billion, according to a report that cited four sources familiar with the matter."
"The International Coffee Organization (ICO) released its June 2025 coffee market report, showing an 11.8% decline in the ICO Composite Indicator Price compared to May and a dip below 300 US cents per pound for the first time since December 2024."
"Brazil and Vietnam will be signing a food security agreement that includes a joint coffee exchange and potential collaboration on a bilateral coffee brand, according to a report in Vietnam's state-run Investor Vafie magazine."
Read at Daily Coffee News by Roast Magazine
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