COFFEE

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Guatemala coffee output dips in 09-10 cycle

Central America's leading coffee producer, Guatemala's production shortage in the 2009/10 cycle moved up prices for high-quality beans. According to Guatemala coffee growers association, Anacafe, country's production for the cycle at 3.375 million 60 kg bags, down slightly from previous estimates of between 3.4 million and 3.6 million bags.
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McDonald's gains share amid Starbucks attack

McDonald's Corp is muscling in on business from other fast-food chains and turning up the heat on coffee chain Starbucks Corp by expanding its lower-priced roster of competing drinks.
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Investors eye dividend or buyback at Starbucks

The leaner Starbucks Corp that emerged after months of slashing costs is dripping with enough cash to make its first-ever dividend or a share buyback likely, analysts and investors told Reuters.
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Vietnam to stockpile coffee to boost price

In an effort to boost global coffee demand and price increase, Vietnam said it plans to stockpile the commodity in a large scale. According to country's Agriculture and Rural Development ministry, a plan to extend subsidised loans at 6 percent interest for companies to buy and stockpile coffee at 1.24 dollars per kilogram was awaiting government approval.
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Starbucks tests larger iced drinks

Starbucks Corp, responding to customer demand for larger cold beverages, is selling 31-ounce (916.8 ml) iced teas and iced coffees in Phoenix and Tampa as part of a limited market test, the coffee chain said on Tuesday.
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Burger King to sell Starbucks' Seattle's Best brew

Burger King Holdings Inc will sell Starbucks Corp's Seattle's Best Coffee at its U.S. restaurants by autumn, as it revamps its morning menu and responds to the successful launch of McCafe coffee by McDonald's Corp .
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Climate change affecting Kenya's coffee output

Climate change has affected Kenyan coffee production through unpredictable rainfall patterns and excessive droughts, making crop management and disease control a nightmare, a researcher said on Thursday.
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U.S. sales grow at Starbucks, shares rise

Starbucks Corp posted its first quarterly rise in U.S. same-store sales in more than two years, signaling that recession-weary consumers are spending more on small, daily luxuries.
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Green Mountain withdraws Diedrich filing with US FTC

Green Mountain Coffee Roasters Inc (GMCR.O) voluntarily withdrew its filing with the antitrust division of the Federal Trade Commission regarding its purchase of Diedrich Coffee Inc (DDRX.O) after consultation with the regulator.
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More evidence coffee, tea could prevent diabetes

Coffee, tea, or decaf-no matter what your choice, drinking any of these beverages may reduce your risk of diabetes, according to a new analysis of 18 studies including hundreds of thousands of people.
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J.M. Smucker brews Q2 beat with Folgers coffee

J.M. Smucker Co , best known for its peanut butter and jelly, posted higher-than-expected quarterly results, driven by strong margins at its Folgers coffee business, and raised its full-year profit view, sending its shares to a new 52-week high.
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JM Smucker brews Q2 beat with Folgers coffee

J.M. Smucker Co , best known for its peanut butter and jelly, posted higher-than-expected quarterly results, driven by strong margins at its Folgers coffee business, and raised its full-year profit outlook, sending its shares up 5 percent.

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