Ethiopian coffee set a record price of $727.60 per pound during an online auction, with funds supporting educational and health initiatives for farmers. American coffee consumers face increased prices due to President Trump's 50% tariff on Brazilian coffee imports, as Brazil is a major supplier. The coffee industry is reportedly unprepared for the European Union Deforestation Regulation, struggling with compliance demands. Additionally, an online course on 'The Coffee Chain' will be offered by University of Lisbon to educate about production, trade, and sustainability.
Ethiopian coffee producer Faysel Abdosh made history at his inaugural online auction when a Sidama Keramo Super Natural lot sold for $1,604 per kilogram, the highest price for Ethiopian coffee. Proceeds will support Project Direct, which educates smallholder farming communities and builds health care facilities and schools.
American coffee drinkers should brace for higher prices, as President Trump's 50% tariff on Brazilian imports takes effect. Brazil is the world's largest coffee producer and the top U.S. supplier, leading to potential cost burdens for consumers.
The global coffee industry is scrambling to meet European Union Deforestation Regulation requirements, including traceability and proper segregation of compliant versus noncompliant commodities, with one source calling the industry 'alarmingly underprepared'.
A new online course called 'The Coffee Chain' will be taught by University of Lisbon Ph.D. candidate Karl Wienhold and coffee expert Felipe Porphirio Orioli from September 1-24, covering aspects of production, trade, and sustainability.
#ethiopian-coffee #trump-tariffs #coffee-industry-regulations #education-in-coffee #coffee-sustainability
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