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Coffee Connoisseur's Secrets

Coffee is far more than simply the brew that wakes people up in the morning. Coffee shops dot the city streets around the world with specialty coffee drinks drawing lines of customers. We will share the nuances of coffee from how to select the roast that suits your palate, to secret recipes of your favorite specialty drinks. We even have some marvelous recipes using coffee as a flavoring or spice to add a very special touch. If you love coffee, you will love these secrets. affiliate


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The Coffee Connoisseur's Secrets

Saturday, September 10, 2005

New Orleans Coffee Not Damaged By Hurricane Katrina

THE ASSOCIATED PRESS

NEW YORK -- The 700,000 bags of coffee stored in New Orleans warehouses operated by Port Cargo Service Inc. weren't damaged by Hurricane Katrina, the company said Thursday.

The privately held New Orleans company operates 28 warehouses in that city, including coffee facilities licensed by the New York Board of Trade.

"We had some roof damage in three warehouses, but moved the nearby coffee to dry areas in those buildings," said Kevin Kelly, president of Port Cargo. "We have no odors, no unusual humidity or toxicology problems, and suffered no losses in our seven coffee warehouses."

Streets surroundings those buildings are dry, he added.

"We had no rising water in our warehouse areas, and don't expect food inspectors to look at our buildings," Kelly said. "There's no need for it."

On Thursday, Arabica coffee futures edged off nine-month lows touched earlier in the session on the Nybot after industry members and bargain hunters bought, brokers said.

Most-active December coffee rose 1.2 cent to 95.95 cents a pound. Spot September coffee also gained 1.2 cent to 92.70 cents a pound.

Traders heard mixed reports about the size of coffee losses in New Orleans warehouses after Katrina, with one local storage firm seeing some damage and another company finding few problems in its silos.

On Thursday, traders said the giant New Orleans coffee industry could be a big loser well after the hurricane, and observed that the port in recent years slipped from the largest U.S. coffee terminal to second after New York. Ports in Houston, Florida, New York and New Jersey are picking up business being diverted from New Orleans. New Orleans-based roasting plants are shifting activities elsewhere.

The port of New Orleans will start reopening this weekend, and officials are working with labor unions to get workers back at the terminal.

A Procter & Gamble Co. team is still inspecting New Orleans facilities and inventories and it's unclear what effect the hurricane and flooding had, Treasurer John Goodwin told analysts at a conference in Boston.

Cincinnati based P&G has four coffee storage and production facilities and over 500 employees in the New Orleans area.

Luzianne Coffee, one of the top two brands of java sold in Louisiana, has temporarily concentrated its roasting activities in Knoxville, Tenn., after its New Orleans headquarters and main roasting plant were shut by Katrina.

Previously, most of Luzianne's beans arrived at the port of New Orleans but the company is having imports rerouted.

Luzianne has yet to hear about the condition of its coffee stored in its New Orleans warehouses. The company has no current plans to pass on higher fuel and trucking costs associated with Katrina to its customers.


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