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Search resuls for: "Giuseppe Lavazza"


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Roasters and coffee experts are also signaling that prices could remain higher for longer, as factors like climate change reduce the coffee global supply. Climate change drives prices up“Coffee is more sensitive to changes in temperature than many other crops,” said Michael Hoffmann, professor emeritus at Cornell University’s College of Agriculture and Life Sciences. “Climate change is getting worse. According to Delany, coffee prices are typically between 100 to 140 cents, but have stayed consistently above that range for the past three years. “There’s a drum beat in the background that is climate change, and that is causing problems,” he said.
Persons: CNN —, Tomas Edelmann, , Hamburgo, Miranda, Ryan Delany, there’s, Michael Hoffmann, , Brazil sneezes, Delany, Arabica, ” Neil Rosser, Lavazza, Miranda Edelmann, Giuseppe Lavazza, Nestle, Sharon Zackfia, William Blair, Rosser, ” Delany, you’re Organizations: CNN, Coffee, International Coffee Organization, United Nations, Coffee Trading Academy, Cornell University’s College of Agriculture, Life Sciences, US Department of Agriculture, Commodities, Financial Times, Nestle Locations: Chiapas, Mexico, Brazil, Arabica, Vietnam, Ukraine, Red
LONDON/NEW YORK, July 27 (Reuters) - Chocolate and coffee makers including Italy's Lavazza and Cadbury-maker Mondelez are concerned about the "practicalities" of a new European Union law aimed at stopping deforestation. Several major investors told Reuters last month that concerns about their exposure to the issue could lead them to quit consumer goods makers with "risky" supply chains. Oreo-maker Mondelez told Reuters it is "not clear on how they (EU authorities) will control or implement this" law. "It is entirely possible to trace coffee supply chains, despite their complexity. Italian confectionary group Ferrero wants the EU to provide specific guidance on compliance for each commodity because supply chains vary greatly between them.
Persons: Italy's, Mondelez, Giuseppe Lavazza, Lavazza, Christophe Hansen, Dirk Van de, Solidaridad, Julia Christian, Fern, Van de, Ferrero, Snorre, Matthew Scuffham, Catherine Evans Organizations: Cadbury, European Union, Reuters, European Commission, EU, Thomson Locations: EU
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