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Thread: New Orleans Coffee Not Damaged by Katrina

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    CoffeeSnobs Owner Andy's Avatar
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    New Orleans Coffee Not Damaged by Katrina

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    New Orleans Coffee Not Damaged by Katrina
    Staff and agencies
    09 September, 2005

    Thu Sep 8, 5:43 PM ET


    NEW YORK - The 700,000 bags of coffee stored in New Orleans warehouses operated by Port Cargo Service Inc. weren‘t damaged by Hurricane Katrina, the company said Thursday.

    "We had some roof damage in three warehouses, but moved the nearby coffee to dry areas in those buildings," said Kevin Kelly, president of Port Cargo. "We have no odors, no unusual humidity or toxicology problems, and suffered no losses in our seven coffee warehouses."

    "We had no rising water in our warehouse areas, and don‘t expect food inspectors to look at our buildings," Kelly said. "There‘s no need for it."

    Most-active December coffee rose 1.2 cent to 95.95 cents a pound. Spot September coffee also gained 1.2 cent to 92.70 cents a pound.

    On Thursday, traders said the giant New Orleans coffee industry could be a big loser well after the hurricane, and observed that the port in recent years slipped from the largest U.S. coffee terminal to second after New York. Ports in Houston, Florida, New York and New Jersey are picking up business being diverted from New Orleans. New Orleans-based roasting plants are shifting activities elsewhere.

    A Procter & Gamble Co. team is still inspecting New Orleans facilities and inventories and it‘s unclear what effect the hurricane and flooding had, Treasurer John Goodwin told analysts at a conference in Boston.

    Luzianne Coffee, one of the top two brands of java sold in Louisiana, has temporarily concentrated its roasting activities in Knoxville, Tenn., after its New Orleans headquarters and main roasting plant were shut by Katrina.

    Luzianne has yet to hear about the condition of its coffee stored in its New Orleans warehouses. The company has no current plans to pass on higher fuel and trucking costs associated with Katrina to its customers.

    from:
    http://www.leadingthecharge.com/stories/news-0070214.html

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    Super Moderator Javaphile's Avatar
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    Re: New Orleans Coffee Not Damaged by Katrina

    Yay!! At least some of the coffee in New Orleans survived! :) :) :)

    Makes ya wonder whether the reports of all the coffee having been destroyed were just from misinformation or were an intentional effort to jack up the prices. I would think that 700,000 bags would be a pretty significant portion of all the beans in New Orleans. What do you want to bet that coffee prices dont drop much here with this news. Ill have to do some calling around here this next week and see where prices go.

    Java "Waiting to see where the prices go" phile

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    CoffeeSnobs Owner Andy's Avatar
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    Re: New Orleans Coffee Not Damaged by Katrina

    Yeah.... 42,000 tonne of coffee which is 2,100 shipping containers in volume.

    WOW. :o

    The biggest supplier in Melbourne might have about 500 tonne in storage and moves that over and over with stock coming in all the time.

    If I had to guess I would say that the whole of Australias coffee storage would be less than 3,000 tonne.


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    Re: New Orleans Coffee Not Damaged by Katrina

    Quote Originally Posted by Andy Freeman link=1126481298/0#2 date=1126628123
    Yeah.... 42,000 tonne of coffee which is 2,100 shipping containers in volume.

    If I had to guess I would say that the whole of Australias coffee storage would be less than 3,000 tonne.
    ... and I bet at least 1% of that is in Coffeesnobers cupboards! :D
    Do you know what the total kg of coffee purchased and shared by CS to date is Andy?
    (I just looked at my list and realised that I have ordered 91 kg myself!)

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    CoffeeSnobs Owner Andy's Avatar
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    Re: New Orleans Coffee Not Damaged by Katrina

    Interesting question....

    a rough count puts it at about 5 tonne so you are drinking another 9 CSrs coffee!

    ;D



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