25 Jun '18, 4pm

Auctioning Coffees at Origin: Kenya’s Coffee Exchange https://t.co/N68NUAUMnQ

Auctioning Coffees at Origin: Kenya’s Coffee Exchange https://t.co/N68NUAUMnQ

In response, Kenya’s government attempted to improve its standing with the World Bank and reinvigorate its internal coffee market in the 1990s by privatizing the auctions, permitting international participation in the Nairobi Stock Exchange, allowing smallholders to choose which factory to sell their coffee cherry, and limiting the role of the Coffee Board to regulation rather than marketing. This last point is not insignificant; the “marketing” of coffee to the auction can have a role in determining physical and sensory grade, setting a minimum price, and even deciding who may bid on the coffee.

Full article: https://dailycoffeenews.com/2018/06/25/auctioning-coffees...

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