VARGINHA, BRAZIL (March 10, 2014) – Winning coffees from the 2014 Cup of Excellence Brazil Late Harvest competition were auctioned on March 6th, fetching an average of $6.76 per pound – a 10% gain over the 2013 average of $6.15.
Top lots sold, included:
1) Nossa Senhora Aparecida (lot #1), by farmer Cinthia Dias Villela to Maruyama Coffee and Café Maple of Japan at $15.60 / lb.;
2) Fazenda Rainha (lot #13), from Fazenda Sertãozinho LTDA to Campos Coffee of Australia at $9.80 / lb.; and
3) Fazenda Paraíso (lot #2), by farmer Antônio Fortes Bustamante to GSC International of Korea at $8.50 / lb.
In all, proceeds from the sale of twenty-three lots raised over $302,000, 80% of which is paid directly to the winning farmers after infrastructure costs.
The Late Harvest competition is one of two Cup of Excellence® events held in Brazil each year and features Brazil’s exceptional dry natural processed coffees. An Early Harvest competition highlights pulped natural and washed coffees. Both events are made possible with the support of ApexBrasil, the Brazilian trade and investment promotion agency.
For more information about the Cup of Excellence® auction results and winning coffees or to participate in an upcoming auction, visit: http://www.AllianceForCoffeeExcellence.org.
About the Brazil Specialty Coffee Association
Founded in 1991, the Brazil Specialty Coffee Association is a non-profit member association created to elevate the standards of excellence and enhance value in the production and marketing of Brazilian coffees.
In addition to providing BSCA Certification™ for quality coffees and educational opportunities for its membership, the association implements environmental preservation projects through cooperation with private or public entities and supports the advancement of science and production techniques benefiting the global coffee industry.
In 1999, BSCA was a founding member and the original host to the Cup of Excellence® competition, which operates the world’s most esteemed coffee quality contests in 11 nations. For more information about BSCA, visit http://www.bsca.com.br.