Brazil Cup of Excellence Auction Results
Posted on January 19, 2011 by Mike
Yesterday’s Cup of Excellence auction earned participants an average of $8.42/lb, a new record for Brazil. Also record breaking were the gross proceeds, which totaled $738,506 for the 31 different lots.
When compared to the current value of coffee on the open market (above) it’s safe to say that these farmers had a pretty good day.
Where’s everybody else?
[Full results via Cup of Excellence]