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Showing posts from November 13, 2011

Starbucks to feature Ethiopia Harrar® Coffee at select locations, for a limited time

Ed's Note: The last time Starbucks displayed a single-origin Ethiopian coffee was during the Summer of 2010 when the company offered a limited quantity of Ethiopia Limu coffee at select stores. Read here for more information. Starbucks Corporation : Limited Release of Sun-Dried Ethiopia Harrar® Coffee at Select Starbucks Locations PR Source:  4-traders.com Starbucks announced on November 7, 2011 the release of Sun-Dried Ethiopia Harrar® coffee, one of the most renowned coffees in the world. Available for a limited time at select stores featuring the Starbucks Reserve™ coffee line, Starbucks will offer Sun-Dried Ethiopia Harrar® in half pound whole bean coffee to make at home ($18 /U.S. and $21/CAN), or to enjoy in-store by the cup through the Clover® brewing system, a tall (12 fl. oz.) cup of brewed coffee starts at at $3.25 (U.S.) and $3.75 (CAN ). Starbucks Reserve® Sun-Dried Ethiopia Harrar® features rich, rummy spice notes with sweet flavors of dried berry...

Starbucks to increase loans to coffee producers in Costa Rica

By Jean Guerrero MarketWatch November 13, 2011 HERRADURA, Costa Rica -(MarketWatch)- Starbucks Corp. expects to invest $20 million in pre-harvesting credit for coffee producers by 2015, representing a 37% increase from last year's financing, a top company official said Saturday. "We generate a lot of cash for investment," said Colman Cuff, vice president of coffee and tea for Starbucks Coffee Trading Co., speaking at the international coffee event Sintercafe. "In the past, we've taken the cash and opened stores, now we've diversified our business." Last year, the coffee company loaned coffee producers $14.6 million. He said that, over the next few years, the company plans to open multiple new farmer support centers to provide coffee producers with agronomy and technical support. Cuff also said the company anticipates 86% of its green-coffee purchases this year to be under its C.A.F.E. Practices certification program, based on prel...