Tag: starbucks

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Jamaica to benefit from Coffee futures

Coffee prices referenced on the commodities market are trading near two year highs.

Prices are up 50 per cent since lows of 2019 on news of an expected drop in production going forward, while at the same time met with increased demand from developed nations for coffee.

“World exports are expected down 4.7 million bags to 115.4 million primarily due to lower shipments from Brazil and Honduras,” stated the Coffee: World Markets and Tradereport published this month by the US Department of Agriculture. “With global consumption forecast at a record 166.4 million bags, ending inventories are expected to slip 400,000 bags to 35.0 million.

The report stated that coffee production for 2019/20 is forecast 5.3 million bags (60 kilogrammes) lower than the previous year to 169.3 million, primarily due to Brazil’s Arabica trees entering the off-year of the biennial production cycle.

Arabica coffee futures are now at US$1.31 from just shy of the US$1.38 52 week high but far from the low of US$0.86. It follows on a series of measures which affected demand and supply.

It matters, as the commodity futures give a guide to the directional flow of pricing of most coffees, even those that do not trade on the exchange like luxury Jamaica Blue Mountain. The entire crop of JBM can fit into less than a day’s production in Colombia, so the island’s crop does not affect demand or supply. Buyers in Japan however which accounts for some 70 per cent of total sales of JBM beans will be less likely to pay a premium for JBM if coffee demand overall is down.

“The Japanese are buying again but the prices are not that great,” said a Spokesman for a large farming brand in the Jamaica Blue Mountains.

The data for this year’s total exports of Jamaica Blue Mountain are not yet disclosed.

China continues to grow its consumption with the growth of Luckin Coffee formed in 2017 and listed this year. It continues to add several stores a day now at some 4,280 up over 200 per cent year on year, at the time of this report. It is now the largest chain in China surpassing Starbucks which operates some 4,100 sores in China.

 

dav

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Rum coffee and lime

This cocktail creates a distinct blend of muscular and curved flavours that blend well together. It is great for personal philosophising or at gatherings.

jamaica coffee rum2

A shot of dark rum with smokey hints of coffee and zesty lime. But notes can be varied to one’s preference. The more aged the rum is the less coffee and lime required.

Preparation

One shot of rum, preferably aged in order to allow for a smooth finish with natural sophisticated notes. The more aged the rum the less coffee and lime is required.

Four beans per shot of rum. The beans require less than two minutes to begin to release tones in the drink. Preferably coffee from Jamaica to match the culture of the rum.

One slice of lime without squeezing. Place the lime within the drink. The lime will add zest but squeezing will add sourness to the mix.

Enjoy on the rocks or straight.

rum coffee bean

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Dunkin Donuts ice coffee delimina

Dunkin Donuts in a move to reduce its waste footprint will dissuade customers from what it turns double coupling when asking for iced coffee drinks.

Dunkin serves iced coffee in tall plastic cups. But over the years a practice has developed in which customers also request styrofoam cups to insulate the coldness of the drink.

It’s a weird oddity that actually doubles that customers waste and Dunkin actually launched a YouTube campaign to dissuade customers from the practice.

Check out @DunkinBoston’s Tweet: https://twitter.com/DunkinBoston/status/1195456516469465088

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Cold drinks account for half Starbucks sales

Starbucks CEO Kevin Johnson said that sales of cold coffee and teas now account for about half of the company’s beverage sales. Younger customers in particular are buying those drinks throughout the day, he said, not just in the morning, he said.

“We are being very focused on the things that we know matter the most,” Mr. Johnson said in an interview.

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Best time to visit cafes in Liguanea, Kingston

Coffee lovers in the Liguanea coffee zone of Kingston need to know the best time to get a cup of coffee.

The three most popular cafes in Liguanea actually have different high and low periods and its not necessarily what you think.
The high periods are 11am at Cafe Blue, 11 at Cannonball and noon at Starbucks, that’s according to Google spy information.
It means that if you like people watching go to Cafe Blue at 11 and make your rounds to other cafes by noon.
Conversely, the best time to run in for a coffee without long lines would be 6am Starbucks, 8 am at Cannonball and 7pm at Cafe Blue.
So for all those Airbnb visitors with nothing to do mid day or players with the perfect pick-up lines avoid the mornings.cafes high and low periods 2019
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Airport for Starbucks in Jamaica

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A private entity is now actively engaged in raising capital to carry the coffee chain Starbucks to Jamaica, it is understood.

 

The entity secured the services of an investment house to consider viable methods of raising funds, it is understood.

The players want to put the first location in Sangster International Airport in Montego Bay. There are over 4 million passengers that commute through the airport annually. Visitors to the airport can buy an array of coffees from the airport including from Cafe Blue, Jablum, Coffee Roasters Jamaica.

Earlier this year local media reported that Starbucks is considering entering the island along with other Caribbean territories in the medium term.

Who are the two private sector players seeking to acquire the
Starbucks franchise in Jamaica–They are both in hospitality sector, the
media says.

Of course local players are concerned about the implications of a coffee giant entering the land of luxury coffee. Brands that sell to Starbucks including Amber Estate and Wallenford.

Will Starbucks increase the coffee culture? Will Starbucks improve a
cup of local coffee? Or would it simply increase the price? Let’s see. Not all cafe players are upbeat about the prospects especially those who earn from the tourist market.

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Starbucks in Jamaica will target travelers

jablum peaberry 1 e

 

Starbucks would drop two cafes in Jamaica which will target tourists primarily at least initially, according to Coffee dealers who spoke to Jamaicamocha .

The talk is that the Sangster International Airport in Montego Bay
could see a location followed quickly by another, at a new business
hotel under construction in Kingston. (Let’s avoid names for the moment.)

Of course, last month the Gleaner reported that Starbucks is considering entering the island along with other Caribbean territories in the medium term.

It just so happens that the busy Montego Bay airport which currently
doesn’t have any store slots available will see 25 per cent of the
stores come up for contract renewal this year, according to media reports.

Sources say that’s where the Starbucks franchisee will snatch up a vacancy and outbid an
existing operator. But it might not even have to come to a bidding
war, as the franchisee already supplies the airport with food
and beverage. (I have already said too much.)
Who are the two private sector players seeking to acquire the
Starbucks franchise in Jamaica–They are both in hospitality sector, the
media says.

Will Starbucks increase the coffee culture? Will Starbucks improve a
cup of local coffee? Or would it simply increase the price? Let’s see. Not all cafe players are upbeat about the prospects especially those who earn from the tourist market.

 

 

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Jamaica coffee at Starbucks 2017

Jamaica Blue Mountain coffee supplier Amber Estate will resume selling roasted beans in April. Until then it supplies green beans to Starbucks.
In its place, the makers of Amber, Gold Cup Coffee will supply Gold Cup Supreme peaberries. It’s a lovely chocolate with lemon delight. Pure beauty for the lips enjoyed best as a pour over or French press.

  • Producer: Gold Cup
  • Elevation: 2000-5000 feet 
  • Processing Method: Washed
  • Tasting Notes:  Balanced with chocolate and citrus
  • Beans: peaberries 
  • Body: Medium
  • Acidity: Medium
  • Pairing Flavors: Nuts, citrus, baking spices
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Starbucks Jamaica to follow Colombia’s lead

Starbucks plans to consider opening a coffee store in Jamaica.
When Jamaicamocha spoke to Jamaica Blue Mountain farmers on the implications, most had a mixed bag of views.
Some say it will benefit the local industry provided the local authorities force Starbucks to follow the lead of Colombia: In that country Starbucks must only buy and sell Colombian beans.

Others, say it will hurt the local cafe sector, still burgeoning and still educating the public on how to drink brewed coffee. Remember that this luxury coffee producing nation generally drinks tea and imports instant coffees.

Those who want Starbucks to buy local also acknowledge another problem: How can Starbucks sell coffee at a similar price-point as in major markets while using expensive Jamaican coffee?

A solution involves using cheaper Jamaica low mountain beans but also allowing the giant to import commodity beans for blending as Jamaica Blue Mountain blends.

Even this solution would likely result in farmer protests and calls by other cafe players of favouritism.

Let’s see what brews.

Starbucks opened its first store in Colombia in 2014 and now has 11 stores. Medellin its latest, opened last September. But the chain wants to open 50 in that coffee producing country.

Starbucks now has over 1,000 stores in Latin America since entering Mexico in 2002. The new store, located in Medellín’s Milla de Oro on Poblado Avenue, is designed to honor Colombia’s rich coffee heritage while celebrating the city’s eclectic vibe.

“Since opening its first store in Colombia, Starbucks stores in the country have served 100 percent locally sourced and roasted coffee for in-store beverages to honor the country’s coffee heritage and the company’s 45-year history of sourcing premium arabica coffee from the region,” confirmed Starbucks on its press pages. “Customers can explore different varieties of Colombian coffees including Starbucks single-origin Colombia Nariño, Colombia Espresso, Colombia Espresso Decaf and the medium-roast Colombia coffee.”

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Starbucks Guatemalan Antiguan versus Jamaica Blue Mountain

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I’ve oft heard that Antigua Guatemala best compares to beans from Jamaica. So I bought a bag at Starbucks and compared.

Bean inspection: Mid-sized and fairly consistent. Not surprisingly, Starbucks over-roasted the beans. Its more medium-dark than medium as described. This meant that the lemons and fruitiness would likely have given way to a stronger chocolate taste profile.

Method: Coffee press

Taste profile: Spicy on top, deep spike of chocolate in middle, and smooth on back end.

Tips: Lovely and chocolately with heavier body brewing methods such as coffee press over paper filters.

Comparison to JBM: More spicy but less balance. JBM chocolate tends to emerge more gradually and often times balanced with vanilla tones.

JBM costs four times as much per pound compared to Antiguan. So it is a great coffee for the price. Of course JBM remains quality that’s rarely matched.
Personally I would mix JBM and Antiguan together to get a quality affordable cup.