Results 1 to 8 of 8

Thread: Brazil CoE fetches AU$100,000 for 12 bags!

  1. #1
    CoffeeSnobs Owner Andy's Avatar
    Join Date
    Mar 2004
    Location
    Internet
    Posts
    16,844
    Blog Entries
    1

    Brazil CoE fetches AU$100,000 for 12 bags!

    Gene Cafe Coffee Roaster $850 - Free Beans Free Freight
    Brazil coffee fetches record $US49.75/lb
    January 12, 2006 - 7:14AM

    Australian and Canadian buyers paid a record $US49.75 ($A66.51) a pound in Brazils seventh Cup of Excellence internet coffee auction, the Brazilian Specialty Coffee Association said on Thursday.

    The previous Brazilian record was $US13.65 ($A18.25) paid by a Japanese roaster in November 2004.

    "Its boggling," said Susie Spindler, auction organiser. "Almost everybody agreed that it was phenomenal coffee."

    Speaking by phone from the US West Coast, Spindler added: "Coffee is now considered like wine and can command very high prices as well."

    Australian roaster and retailer Michels Espresso, Australian consultant Instaurator and Canadian coffee house chain Caffe Artigiano paid nearly $US79,000 ($A105,614.97) for the 12 60-kg bags of the top coffee offered at the auction of 36 coffees.

    "The cup spoke for itself it was so great," Vince Piccolo, president of Caffe Artigiano, told Reuters. "Its such clean tasting, it has lively acidity and a wonderful citrus finish in the palate.

    "Were going to give people the option of buying the best coffee in Brazil for $US5 ($A6.68) a cup...its an option the customer would love," he said. A regular cup costs about $US2 ($A2.67).

    Asked why he paid such a big premium for the coffee, Piccolo said, "Why not reward the farmer for doing exceptional work? Coffee is grossly undervalued in the world."

    The auction price was about 48 times higher than that paid for export grade Brazilian green coffee, of which some 22.5 million bags were shipped last year. Exports of specialty coffee were around 1 million bags.

    The prize winning coffee was grown by Francisco Isidro Dias Pereira of Fazenda Santa Ines in the mountainous Carmo de Minas district of Minas Gerais state.

    from: http://www.theage.com.au/news/Business/Brazil-coffee-fetches-record-US4975lb/2006/01/12/1136956264038.html

  2. #2
    CoffeeSnobs Owner Andy's Avatar
    Join Date
    Mar 2004
    Location
    Internet
    Posts
    16,844
    Blog Entries
    1

    Re: Brazil CoE fetches AU$100,000 for 12 bags!


    This is the same area that our last CoE came from but wow.... what a price!


  3. #3
    Senior Member
    Join Date
    Nov 2004
    Location
    Augustine Heights QLD
    Posts
    302

    Re: Brazil CoE fetches AU$100,000 for 12 bags!

    So will it be included in the January poll? ;D

    Boris

  4. #4
    Senior Member
    Join Date
    Aug 2005
    Posts
    1,530

    Re: Brazil CoE fetches AU$100,000 for 12 bags!

    No, well be putting it in the newbie starter packs. Nothing like having about $90 worth of coffee in a nice package for $30 plus shipping. :-/

  5. #5
    Super Moderator Javaphile's Avatar
    Join Date
    Dec 2004
    Location
    Earth!
    Posts
    15,667

    Re: Brazil CoE fetches AU$100,000 for 12 bags!

    Alls I can say is Holy Jebus!!

    Java "The flabbergasted" phile

  6. #6
    Member
    Join Date
    Aug 2004
    Posts
    74

    Re: Brazil CoE fetches AU$100,000 for 12 bags!

    Wow... that makes the Kona look like a bargin!
    Now I feel a little sheepish about using the last Braz CoE we got hold of as my espresso base... Sure beats drinking instant though!

  7. #7
    CoffeeSnobs Owner Andy's Avatar
    Join Date
    Mar 2004
    Location
    Internet
    Posts
    16,844
    Blog Entries
    1

    Re: Brazil CoE fetches AU$100,000 for 12 bags!

    ... I guess your CoE has doubled in price since the current auction results have filtered through. ;)

    It is always good to get a crack at a CoE, with any luck a few of this years auction lots will filter through to Oz.


  8. #8
    Junior Member
    Join Date
    Dec 2005
    Posts
    15

    Re: Brazil CoE fetches AU$100,000 for 12 bags!

    I was able to cup the whole of this auction and no 1 was easily the winner. But there were some real value lots in there but $50 instrator is a brave man. I managed to get the whole of no. 33 which was stunning coffee. And was number one 25 times better...... no. :)

    Im part of the jury for Colombia (the next competition), so Ill keep you posted on whats happening from there if I get chance, but there is a real buzz about the whole COE at the moment.

    Steve



Similar Threads

  1. Replies: 9
    Last Post: 23rd November 2011, 04:44 PM
  2. Rebbit enviro bags / kraft bags in general
    By Matthew_Eric in forum General Coffee Related...
    Replies: 1
    Last Post: 14th October 2010, 12:54 PM
  3. [m]: Re: Bags please
    By Andy in forum General Coffee Related...
    Replies: 0
    Last Post: 28th March 2007, 04:01 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •