Country for PR: United States
Contributor: PR Newswire New York
Monday, September 16 2019 - 23:01
AsiaNet
Panama's Ninety Plus(R) Coffee Sets New Price Record at USD$10,000 a Kilo
PANAMA CITY, Sept. 16, 2019 /PRNewswire-AsiaNet/ --

Panama's coffee farm Ninety Plus sold a prototype of its Gesha (Geisha) coffee 
in Dubai, for a world record price of USD$10,000 per kilogram, breaking its own 
2017 record set at auction of USD$5,001.50 per kilogram.

Photo - https://mma.prnewswire.com/media/995832/Ninety_Plus_Benjamin_Tugri.jpg 
Photo - https://mma.prnewswire.com/media/995833/Ninety_Plus_founder.jpg 

An experimental batch of Gesha (Geisha) coffee developed by Ninety Plus founder 
Joseph Brodsky overwhelmed Emirati entrepreneur Ibrahim Al Mallouhi, founder of 
The Espresso Lab, who then convinced Brodsky to sell him some of the coffee 
that will retail for USD$250 per cup.  The prototype coffees involve highly 
controlled cultivation and use of local yeast strains during multi-stage 
fermentations.

Ninety Plus coffees have won 5 World Brewers Cup championships and have 
garnered more 97-point reviews than any other coffee farm in the world. These 
coffee prototypes "hold the key to real products of the future and represent an 
entirely new taste frontier" according to Al Mallouhi. 

Joseph Brodsky founded Ninety Plus in 2006 and moved to Ethiopia where he 
created new forms of processing with local producers. These coffees quickly 
became the highest priced in the world. He then brought these methods to a more 
controlled environment in Volcan, Chiriqui, a province in Panama, site of the 
last eruptions of the Baru volcano and began to work with the heirloom Ethiopia 
Gesha variety. 

Brodsky's work has created a wave of change in Panama, already considered a 
globally leading coffee terroir, with nearby Boquete coffees selling in July 
for USD$2,263 per kilogram at auction.  Along with Brodsky, Panama's 
forward-thinking producers continue evolving their practices to reach new 
sensory levels. One of those forward thinkers is Brodsky's new partner, 
Panamanian Guillermo de Saint Malo Eleta, CEO of ELETA investment fund. ELETA, 
also a coffee producing company, saw an opportunity to further increase the 
sustainable development of Panama's unique coffees: "Our partnership reflects a 
commitment to foster collaboration among all Panamanian coffee producers to 
create greater social justice and environmental sustainability in the value 
chain." 

Ninety Plus has also innovated with its reforestation model, producing coffee 
under full canopy, with native Ngäbes (indigenous people, who live in western 
Panama) earning top wages and also being part of the innovation cycle. "The 
farm feels like a wildlife park with coffee and people integrated into the 
ecosystem," according to Brodsky.

As has happened with wine tourism around the world, growers in Panama have 
developed a Coffee Circuit with the help of Panama's government and its Tourism 
Authority, with farms offering tours and cupping experiences.  Guided visits to 
the Ninety Plus farm are available by reservation. 

Ninety Plus(R) Coffee is a grower and producer of single-origin, single-variety 
coffee in both Panama and Ethiopia, dedicated to creating a remarkable taste 
experience through process innovation, with guiding principles of taste, 
humanity and ecology. For more information visit: 
https://www.ninetypluscoffee.com  

SOURCE  Ninety Plus

CONTACT:  joseph@ninetypluscoffee.com, +(507) 6677-4394
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