Costa Rican coffee sets new record $300/lb. at auction

Started by amigodecigars, 07/11/2018 09:54 AM

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amigodecigars

Costa Rican coffee made history by braking the record during the auction “Cup of Excellence 2018” (Taza de la Excelencia) in the category of fine coffee beans. The beans of Don Cayito estate closed the bid at $300.09 per pound.

“With a lot of 529.11 pounds of the Geisha variety, and a honey type processing, it broke the world record established in 2017 by Brazil at $130.20. A conventional coffee sells today in the international market (New York Stock Market) in close to $1.15 a pound; for this auction of specialty coffees the base price was of $5.5 a pound
”, explains the Costa Rican Coffee Institute’s (Icafe) press release.

The total value of the lot was of $158,780.62.

Don Cayito, an estate property of the family of Luis Ricardo Calderon and located in Copey de Dota, San Marcos, managed to break the world record.

“This auction is evidence that the quality of Costa Rican coffee is perceived as excellent internationally, countries like Japan, Korea, Saudi Arabia, among others have valued the profile of our coffee beans. This eleventh edition had the participation of 36 lots from the same number of producers of the Central Valley, Occidental Valley and Los Santos.”

For the National Coffee Sector, the Cup of Excellence is one of the most important events, since the selected lots have the opportunity to compete, receive high prices and penetrate new niche markets for specialty coffees where clients are willing to pay for the quality of Costa Rican coffee”, said Gustavo Gonzalez. Chief of Promotions and Communication of Icafe.

The second highest price paid was also for Don Cayito coffee, at $111.21 per pound, 529.11 pounds for a total value of $58,842.32.

"There are plenty of good five-cent cigars in the country. The trouble is they cost a quarter. What this country needs is a good five-cent nickel."  Franklin Pierce Adams

amigodecigars

Have you heard or used the saying "Riding the Ox-cart" ("Montado en la Carreta")?

A bit of history of our ancestors ... When Costa Rica organized the transport of coffee from San José to Puntarenas, mainly in the late nineteenth and early twentieth centuries, there were not hundreds, but thousands, of carts that carried coffee to the port.

At some point, Costa Rica exported up to 440,000 quintales (1 quintal = 112 pounds = 46 Kilograms), per year of coffee via the road to Puntarenas. Each ox-cart carried 10 quintales, which means that more than 44,000 ox-cart trips were needed to Puntarenas in each harvest season. A cart needed 8 days to go and 8 to return and coffee was exported during January, February, March and April. In four months, that amount of coffee had to be transported.

Counting repairs and breaks, a boyero (oxherder), then, would make about 4 or 5 trips per season, so we are talking about between 5,000 and 10,000 carts that participated in the export of coffee.

There were endless rows of carts that went to Puntarenas to leave coffee or that returned to San José and the traffic had to be organized, because of the narrowness of the road, the damages that the carts suffered and the topography. Therefore, the Government established a regulation on how the wagons should be driven and on the behavior of the oxen.

To comply with these regulations, the Government established a road horseback police, which constantly would patrol in either direction to monitor full compliance with the rules established in the regulations. One of the norms indicated was the absolute prohibition of driving the cart riding on it. This is, as if it were a horse carriage.

The regulation stipulated that the "boyero" should go in the front of his yoke of oxen, and not, as was often the case, that, when the he was tired, he would sit on the front hatch of the cart and steer the oxen with his feet resting on it. That prohibition had its logic because, if the oxen did not feel the presence of their master, they could be frightened and cause an accident in those endless rows of, really close to one another, carts.

Now, it was the usual practice of the "boyeros" to drink a lot of liquor during the trip. Whether it was the cold in the long nights, the heat in the day, any celebration, any sorrow to endure, whatever it was, but they took a lot of "guaro" (sugar cane based liquor).

When they were so drunk that they could not stand up, they had no choice but to get on the wagon and direct the oxen from there. When the police surprised them in that situation, they immediately put an infraction that implied a fine, which should be published in the official newspaper.

This is how, in the Official Gazette of the time (1870-1890), you can find long lists with such infractions, which say more or less like this: "So-and-so: "One peso fine for riding on the ox-cart". This meant that he had exceeded his intake of liquor, forcing him to abandon his position at the head of his oxen. In this way the expression "being riding on the ox-cart" was associated with being drunk, since the phrase alone has no relation to that condition.

Thus it has transcended until our days. And those who have "rode the cart" had no idea that they were emulating the action of those pioneers who, with their trips to the port, helped create the Costa Rica of today ...


"There are plenty of good five-cent cigars in the country. The trouble is they cost a quarter. What this country needs is a good five-cent nickel."  Franklin Pierce Adams

junglepete

Guru of Frugality

"It is your decisions, not your conditions that shape your life."  ~Tony Robbins~

toby2

made me want some coffee! cool story.

i'm always humbled by the thousands of folks who grow the little batches of coffee beans that bundled together end up in our markets. like our cigars the folks that make it happen at the source are so underpaid and underappreciated.

Cfickter

Quotetoby2 - 7/15/2018  11:16 AM  made me want some coffee! cool story.   i'm always humbled by the thousands of folks who grow the little batches of coffee beans that bundled together end up in our markets. like our cigars the folks that make it happen at the source are so underpaid and underappreciated.

 If you like coffee and want to try some new stuff look at mistobox.com 
You can order coffee from hundreds of different roasters, from a bunch of countries, in about any type you may want 

Guru Master of the Minions

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amigodecigars

The BEST Costa Rican coffee will be drunk in Asia.

 

LOTEFINCAS GANADORASTAMAÑO LOTE (Cajas de 30 kilos)OFERTASCOMPRADORES
1aDon Cayito Luis Ricardo Calderon Madrigal8$300.09/lbMaruyama Coffee, Sarutahiko Coffee, Yamada Coffee
1bDon Cayito – Luis Ricardo Calderon Madrigal8$111.21/lbMuseo
2aDon Antonio – Grupo Los Grandes De Copey S.A.8$59.58/lbHisashi Yamamoto Coffee (Unir), Time’s Club
2bDon Antonio – Grupo Los Grandes De Copey S.A.8$59.90/lbSydney Coffee Business Pty Ltd
3aLa Union – Maria Elena Camacho Morales6$30.10/lbCAFFE PASCUCCI
3bLa Union – Maria Elena Camacho Morales6$30.10/lbCoffee Libre
4aLa Minilla – Sergio Salas Jimenez8$70.20/lbTime’s Club, Coffee Libre, Proud Mary
4bLa Minilla – Sergio Salas Jimenez7$70.29/lbBrew92 Cafe & Roastery
5aChispita – Carlos Eduardo Barrantes Zuñiga8$20.20/lbMUSEO
5bChispita – Carlos Eduardo Barrantes Zuñiga8$22.10/lbCaffeine Lab
6aFinca La Loma – Luis Pablo Bonilla Solis8$26.70/lbSydney Coffee Business Pty Ltd
6bFinca La Loma – Luis Pablo Bonilla Solis8$26.80/lbTerarosa (Haksan Co.Ltd)
7Don Dario – Grupo Los Grandes De Copey S.A.18$28.42/lbHaru International Corporation
8El Diamante – Carlos Luis Fernández Morera21$18.20/lbFisher Coffee / Taster’s Coffee / The Fish Tank Cafe / Joker Coffee / Latorre & Dutch Coffee
"There are plenty of good five-cent cigars in the country. The trouble is they cost a quarter. What this country needs is a good five-cent nickel."  Franklin Pierce Adams

lyonbert

But nothing is more insane than the tuna auction in Tsukiji market in Japan.
Looking for specific 17-inch truck wheels that I could use for off-road driving. Any suggestions?

Cigary

Always fun to see how prices for goods can exceed imagination.  I love coffee but things can get way over the top....


   
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