Eighth Cup of Excellence in Guatemala
The selection process began yesterday. Out of 102 total lots, 79 have already been selected, which will later participate in an electronic auction.
Thursday, May 21, 2009
Lots that receive more than 80 points in the tasting by international experts can later participate in the electronic auction.
Until May 7, 28 international judges will be selecting the best coffee which will then be offered up to electronic auction.
The electronic auction is set to begin tomorrow for the 26 best lots of coffee at the Cup of Excellence 2009 event.
The 37 lot auction is scheduled for tomorrow, with 700 bags of 150 pounds being offered at an initial price of $2.50 per pound.
The highest price went to the coffee farm La Guadalupana, but was well below the $3,565 paid per quintal in 2010.
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