Guatemala: Specialty Coffee Auction

Forty-nine samples qualified for the national competition, which will be used to select entrants in the international auction, the Cup of Excellence, to be held from 4 to 8 May.

Monday, April 20, 2015

Of the 117 samples that were received in the preselection stage, 49 were classified with a minimum score of 85 points. It is expected that the international auction of the winning samples will be carried out on July 1 over the Internet from Anacafé's facilities.

Expert on taste and roasting, Carlos Muñoz told S21.com that "... The idea of the auction is to sell coffee at high prices; really the goal is not that, but the main thing is to open new markets, our coffees are known worldwide and this goal has been reached, Australia did not know about us before and now participates in the specialty coffee fair in Australia . "

"... The prices of winning coffees have broken records in the international auction Cup of Excellence. For example, last year the farm Kalibus de la Sierra, located in San Cristóbal Acasaguastlán, El Progreso, sold for $42.40 per pound. "

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Coffee: Record Price in Cup of Excellence

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$4,200 Paid per cwt of Coffee in Guatemala

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The batch of coffee which achieved the highest price paid since the international Cup of Excellence auction began comes from the farm Kalibus de Sierra in San Cristobal Acasaguastlán, El Progreso.

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The highest value reached at the auction was for a lot of 23 quintals of coffee, by producer Rodrigo Peralta.

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According to Juan Carlos Munguia, president of the Specialty Coffee Association of Nicaragua (ACEN), the outcome of the auction was very good and exceeded the top level reached last year 2011, which was $18.30 a pound.