First Guatemala Q-Auction successfully sold.(World News: Coffee and Tea Reports from the Front Line)(Brief Article)

Tea & Coffee Trade Journal, June, 2005

GUATEMALA -- Seven coffee lots, a total of 1,235 bags of 69K, were sold today during the first Guatemalan Q-Auction 2005 at a weight average of $1.62 per pound. The highest bid was Wataru & Co. Ltd from Japan, who bought Cooperative Pena Roja, located in Huehuetenango, at $1.74 per pound; followed by Kato Coffee, from Japan, who bought Finca El Bosque, located in Guatemala, at $1.72; and Volcafe, USA, who bought Las Crucitas, located in Guatemala, at $1.71.

The farms of the winning lots are located in Huehuetenango (2), Guatemala (2), San Marcos, Chimaltenango and Jalapa. A total of 29 samples were registered to participate in the process, 23 made it to the national grading level and 18 to the international grading level. Fedecocagua, exporter of cooperative...

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