NEWS

GEISHA SETS WORLD RECORD AT BEST OF PANAMA FOR US$601 A POUND

An Esmeralda Geisha Cañas Verdes Natural from Facienda La Esmeralda was sold at the Best of Panama Specialty Coffee auction for a record price of US$601 per pound.

The bid surpassed the previous world record price for auction coffees of US$350.25 per pound, a title set by the same farm in 2014.

After five hours and 270 bids, Jason Kew of Kew Specialty Coffee and Sydney Coffee Business, based in Sydney and Hong Kong, along with Taroh Suzuki of Saza Coffee in Japan, bought the top-scoring natural-processed Geisha from the Peterson family, one of the top producers of Geisha coffee