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Amber Estate Which Supplies Starbucks Beans Returns with March Roast
Testing Amber Estate jamaica blue mountain March 2015 roast
Marley coffee losses grow to $9.3 m
MarleyCoffee aims to double its sales to $20 million for it year ending January 2016, financials state.
The company already witnessed a 2/3rds growth in sales from $6 to $10 million for its just completed year.
However the company continues to burn through cash and recorded losses that totaled $9.3 million or 38% higher losses year on year.
Large Mavis Bank Coffee losses US$660,000
Lovers of Jablum will have to wait longer for roasted whole beans based on a coffee shortage which led to losses at the factory (pictured below).
Large Jamaica coffee factory Mavis Bank which makes Jablum Jamaica blue mountain coffee lost J$41 million (US$356,000) to its 50% stake holder Jamaica Producers Group up to its December 2104 year end. That equates to US$713,000 in total.
The factory continues to struggle from an island wide coffee shortage which resulted in farmers doubling prices to Mavis Bank compared with year earlier levels.
JP stated in Its just released financials that the group has a 50% holding in a joint venture company, Mavis Bank Coffee Factory
Limited that processes and sells Jamaican Blue Mountain coffee. “Up to December 31, 2014,
the group’s contribution to that joint venture was $136 million (2013: $136 million) used for working capital financing and start-up.”
Jamaica Coffee factory starts 4 day work week
Jamaica Coffee shortage continues with a major producer resorting to 4 day work week, jamaicamocha understands.
“Due to severe shortage of coffee,” the notice started, workers will have the choice of a day off.
Annual coffee exports once US$30 million prior to the Western financial crisis nearly 7 years earlier are now half that level.
Jamaica Coffee shortage continues with a major producer resorting to 4 day work week, jamaicamocha understands.
“Due to severe shortage of coffee,” the notice started, workers will have the choice of a day off.
Annual coffee exports once US$30 million prior to the Western financial crisis nearly 7 years earlier are now half that level.
Coffee drought in jamaica rasta!
Coffee shortage continues to affect the availability of Jamaica Blue Mountain JBM beans. Its based on a confluence of factors now led by drought.
Less beans resulted in price increases of roughly 40% in real terms to consumers. Interestingly small farmers benefit with box prices of coffee cherries inching past J$8,000 (U$70).
” I hear they paying up to J$9,500 a box,” a source indicated.
To consumers it resulted in a shortage of favourite brands.
For instance, the beans of large supplier Jablum remain out of stock–going three months now or since November. “We won’t have brand before April,” another source said this week.
Twymans –started restricting sales.
Amber–only has ground available but peaberry beans are still available in its ‘Supreme’ brand
Island Blue –beans are once again available in limited supplies
Wallenford Estate–has beans
Cafe Blue —beans available
Coffee Traders–beans available
CRJ –beans and kcups available.
Salada brewing new products
Salada Foods, a large coffee maker in Jamaica plans to launch new coffee products this year, according to its annual report.
The move comes within the context of increased rival coffee competition in both the instant and brewed segments.
“We strongly believe that creating new value for our customers is imperative to the success of the company, and with this in mind, in the upcoming year Salada will re-energise and revitalise our coffee category, providing our customers with new and improved products in the market space during the year,” stated the then Acting Managing Director Keshia Nelson-Brown in a statement accompanying the annual report 2014.
The annual report avoided disclosing additional information on the products. In late December, Salada advised that Jerome Miles would “replace” Nelson-Brown and commence work on January 5, 2015 as general manager.
Salada Foods, a large coffee maker in Jamaica plans to launch new coffee products this year, according to its annual report.
The move comes within the context of increased rival coffee competition in both the instant and brewed segments.
“We strongly believe that creating new value for our customers is imperative to the success of the company, and with this in mind, in the upcoming year Salada will re-energise and revitalise our coffee category, providing our customers with new and improved products in the market space during the year,” stated the then Acting Managing Director Keshia Nelson-Brown in a statement accompanying the annual report 2014.
The annual report avoided disclosing additional information on the products. In late December, Salada advised that Jerome Miles would “replace” Nelson-Brown and commence work on January 5, 2015 as general manager.
jamaicamocha 