Sixth Cup of Excellence in Honduras
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.
Monday, June 22, 2009
Rony Gámez, head of the quality control lab at the Honduran Institute of Coffee (Ihcafé acronym in Spanish), said they are expecting to beat the price per pound they received during 2008.
The electronic auction is set to begin tomorrow for the 26 best lots of coffee at the Cup of Excellence 2009 event.
The selection process began yesterday. Out of 102 total lots, 79 have already been selected, which will later participate in an electronic auction.
The price, achieved in the Cup of Excellence auction in Nicaragua, beat those achieved in El Salvador, Costa Rica, Colombia, and Honduras.
Thirty-three of the grain lots that won the 2009 edition of the Cup of Excellence in El Salvador participated in the auction.
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