Tea Biz
Tea Biz

Episode · 9 months ago

Tea News and Biz Insight - September 3, 2021

ABOUT THIS EPISODE

HEAR THE HEADLINES – Timely Tea Delivery is in Troubled Waters | Tea is Thriving in the Convenience Channel | Iran Tea Production is Up 25pct

| NEWS - The disruption of global supply chains is getting worse. Container vessel reliability for tea shipments crossing the Pacific continued to decline this summer as prices reached new heights. The World Container Index for eight East-West routes rose to a composite cost of $9,613 for the week of August 19 – up 360% compared to the same period last year. Consignments of tea shipped from Shanghai to Rotterdam increased 659% to $13,698 last week.

| FEATURES – This week Tea Biz puts Burmese chefs in the spotlight for their culinary contributions in tea... and then we travel to London where Unilever unveiled four guiding principles of regenerative agriculture a topic currently trending in tea.

Tea Leaf Cuisine

Pickled tea leaves may sound a bit out of the ordinary but not for Southeast Asian chefs. Burma, now known as Myanmar, is an ancient crossroads influenced by the cuisine of bordering Bangladesh, China, Thailand, and Laos. It is here that laphet became a national dish that is now finding its way to US and European consumers in branded packaged goods.

Regenerative Agriculture

Danone CEO Emmanuel Faber writes that “never before have the health of people and the health of the planet been so closely interconnected.” 

Beginning this week, the Tea Biz Podcast and Blog undertakes a series of interviews with thought-leaders in tea from organizations such as the Rainforest Alliance, growers in Sri Lanka, where a nationwide ban on the import and manufacture of plant chemicals was instituted in May; and with multinationals like Unilever, a company with extensive tea holdings that recently unveiled its basic principals of regenerative agriculture.

Today’s segment is a primer introducing the topic and asking the critical question: Can a world that has already eroded a third of the planet’s soils feed a population of 10 billion without intensive agricultural practices that rely on heavy inputs of fertilizer, herbicides, and pesticides necessary to sustain monoculture farming?

The Tea Biz podcast delivers tea news that you need to know, a recap of the week's major headlines, with commentary and cultural trends. Hosted by Dan Bolton. It is the voice of origin for tea professionals and enthusiasts worldwide. Think of us as a digital caravan of storyteller, bringing authentic, authoritative and exclusive stories to you weekly from the PEA land. Hello everyone, here this week's headlines. Timely tea delivery is in troubled waters, tea is striving in the convenience channel and a round tea production is of twenty five percent more than a minute. But first this important message. What makes a Perfect Cup of Ceylon tea? The Perfect Cup is from the tea businesses that ensure the protection of all the children living within their tea estates. We Salute Kailani Valley, tell a Wacky Lee, Bogajan, Thalawa, Harana and Elyptia tea estates. Support Save the Children Sri Lanka. The disruption of global supply chains is getting worse. Container vessel reliability for tea shipments crossing the Pacific continue to decline this summer as prices reached new heights the World Container Index for eight East West routes rose to a composite cost of nine thousand, six hundred and thirteen dollars for the week of August nineteen, up three hundred and sixty percent compared to the same period last year. A consignment of tea ship from Shang Hide Rotterdam increase six hundred and fifty nine percent to thirteen thousand, six hundred and ninety eight...

...dollars. Last week, port congestion, back logs at container terminals locked downs to prevent the spread of the coronavirus, and rapidly increased volume dashed hopes for a return to normalcy until late next spring. Logistics costs, considered manageable by tea wholesalers early this year are now seen as out of control. Inflation is a growing concern, but the unpredictability of delivery dates is causing far greater problems. Green tea exporters, a Chinge tea groups US operation first tea advised as tea buyers to calculate projected inventory needs for at least six months and consider adding twenty percent to the protection of rejected volumes to avoid out of stock conditions and transportation delays. This week there were a record forty four container vessels tried to offload at southern California ports, and all time high. And ports are getting busier as the holidays in their imports in te use or approximating of hot five hundred and Fiftyzero per month at Los Angeles area ports, far exceeding totals for the same January through July period during the past four years. On arrival, shortages of doc workers, crane operators, warehouse staff and qualified truckers cause further delays. Driver shortages are at an all time high, forcing companies to offer incentives. Qualified Drivers are now earning twenty seven dollars per hour. Freight waves reports that refrigerator carrier JS Hellwig and sun increase pay four cents to sixty two cents per mile. For experienced drivers, that's one hundred and forty dollars for...

...a two thousand mile round trip. New Hires earned fifty cents per mile and a thousand dollar siding bonus. Business inside. The likelihood of a ship arriving on time was better than eighty percent in two thousand and nineteen nineteen and is now hovering around forty percent. According to logistics analysts sea intelligence add port and trucking delays, and buyers this fall, whether they are consumers ordering Christmas tea online or wholesalers booking containers, will experience delivery times extended by four to six weeks. Convenience outlets thrive at locations near where people live, and in twenty twenty people stayed close to home in store. Sales at us, Graban goo outlets rows for the eighteenth year in a row to two hundred and fifty five billion. In twenty twenty, beverage sales or a top earner, accounting for twenty percent of all sales. READY TO DRINK ICED tea makes up about five percent of that total, trailing soda, juice, energy drinks in bottled water. According to the National Association of Convenience Stores, New York based Neilson reports that overall tea grew by eleven point one percent through April twenty twenty one. During that period, liquid tea generated three point four billion in sales. Our T D tea earned a hundred and forty two million. Green tea sales were up seventy three percent during the pandemic to eighteen point six s ex million according to Nielsen. In Two thousand and twenty, the dramatic decline and commuter trips, lockdowns and a consumer shift to grocery and home meals increase the spend but...

...cut trips to convenient stores by more than twenty percent. According to NACS, the number of transactions to line fourteen percent, as basket sizes grew by eighteen percent compared to two thousand and nineteen. The pandemic had a huge impact on self served beverages. Hot De Spense sales fell thirty three percent and cold dispense beverages declined eight percent, reflecting the drop in footfall amid stay at home orders and work from Home Schedules Rites an ACS. In contrast, beer so unprecedented growth, accounting for six point three percent of total convenience store sales, due to the closure of bars and restaurants. Market Research Firm technomic writes that US beverage sales overall decline thirty one percent. By volume, in two thousand and twenty, spending declined twenty nine percent, with cold dispense beverage volume down thirty percent. Business Inside Foxtrot markets and upscaled convenience chain, noted for its sixty minute delivery guarantee. Tea Is the corner store reimagines, says venture capitalist David Barber. Stores Feature Locally Baked treats, coffee, fresh brute tea and organic wine, craft beer, gifts and every day essentials. See EO Mike Lovetola, told Forbes that half of the company's transactions occur online for delivery nationwide and half in store. He said the company intends to introduce hyperconvenient thirty minute delivery and expand his selection of private label convenience items in larger, four thousand square foot stores. The startup is raised sixty five million in January from the likes...

...of former whole foods market CEO Walter Rob a Momofuku restaurant founder David Chang. The chain, founded in two thousand and fourteen in Chicago, currently has thirteen locations, with nine to open in two thousand and twenty one and fifty within two years. New Locations include Dallas and Washington, DC, Austin, Texas, Boston, Miami, Los Angeles and Houston. Iran's tea organization, the Ito, reports a twenty five percent increase in tea production so far this year and higher export numbers as well. During the first five months of the year, I ran harvested a hundred and fourteen thousand metric tons of raw leaf, valued at six point five trillion reals, about a hundred and fifty five million in the US dollars. The Tea Organization considered fifty one percent of the harvest premium grade, down from seventy nine percent in two thousand and twenty. I ran as a net tea importer, number sixth in the world, spending two hundred and thirty six million on tea. In Two thousand and twenty, according to world's top exports, in recent years, growers began exporting increasing quantities of tea. In Two thousand and twenty, four thousand metric tons of tea worshiped to twelve countries, including Azerbaijan, Afghanistan, Iraq, India, Tajikistan, Turkmenistan and Georgia, as well as Canada, Australia, Spain and the Czech Republic. In Two thousand and twenty, tea exports averaged eighty six cents per kilo. Sales total six point five million, up two point six percent compared to two thousand and nineteen. Iran's tea and his re employs fifty five thousand...

...families cultivating tea on Seventyzero acres Arabinda and and there men in Bengaluru reports on India's tea auction prices. India tea price report for the week ending August Twenty Eight, two thousand and twenty one. Last week, the Union Commerce Ministry announced that they're suspending seven sections of the TEAC one thousand nine hundred and fifty three of these sections, twelve to sixteen, refer to restrictions on ti cultivation permissions from the tea boat plant normal or special circumstances or run the tea in nursery. One of the sections allowed for pushes planted with that permission to be liable for removal. While producer bodies fear that this development may lead to an oversupply and therefore depressed prices, it appears that this is part of several other reforms under way, including recent relaxation of norms to obtain export and distribution licenses. In weather Assam's annual floods, although a little delayed, is finally here. Over the last few days, sixteen districts, including several tea growing districts have been affected. Over two hundredzero people have been affected by the flooding, but as of now, no loss of life has been reported. In markets, sale thirty four did not see any major fluctuation in prices. In the south. Coachie market also struggled against rains in the higher ranges, which impacted t supplies to auction centers. This in turn letter marginal price increase over the previous week. In the north, Kolkatas are good demand for all categories, in particular Orthodox Tea Middle East and exporters by active Orthodox Tea, while Tata consumer products was active for dudgeling. And now a word from our sponsor. Q trade teas works with tea purveyors at every scale, from promising start ups to the world's largest multi national beverage brands in the hot, iced and bottle tea segments. With US based formulation, blending and packaging services, q trade can help you innovate, scale up and grow your specialty tea brand. For...

...more information, visit our website, que trade tea'scom this week, teabz puts Burmese Cheves in the spotlight for their culinary contributions in tea and then we travel to London, where Ni Labor unveiled, fore guning principles of regenerative agriculture. The topic currently trending in tea. pickled tea leaves may sound a bit out of the ordinary, but not for Southeast Asian ships. ORMA, now known as May and Mar, is an ancient cross roads influenced by the cuisine of bordering Bangladesh, China, Thailand and Laos. It is here that lapet has become a national dish that is now finding its way to us and Europea consumers as a branded package goods. Tea's popularities as a beverage and a wisit I had wanted that a single plant produces leaves that are processed, blendid, flavored, aged, rolled, compressed, bagged, powdered into a product that finds its audience. But these versatility is not limited to the choice it offers as a drink alone as a green leaf. It's also nerve. But surprisingly, the site of tea has yet been tapped its fill his potential, except perhaps in Myanmar, formerly known as Burma, a country sharing borders with India, Bangladesh, China, Thailand and Laos. Not surprisingly, teas also cultivated here, but its most famous rendition is is a lape, a fermented tea leaf used most famously as a salad called the lape too. It's immensely popular in Burmese cuisine and probably the unofficial national dish. It said that only the finest tea leaves of any harvest are used to make the lape. BMISE prisine enjoys fantastic culinary influences. Its popularity may not have reached the levels of, say,...

...it's neighboring Thailand's cuisine, but there's plenty on offer overseas. Burmese are not tapping into the growing interest in lesser known and unexplored cultures of the world, which offers them an opportunity to promote their own. But they're only a handful of brands, like Burma love foods, a five year old brand from San Francisco USA whose product range is built on the lape. Besides variations of the dressing, they offer diy salad kids, which should hold appeal. And now the brand is mean mar ti leaves Pailin, a homegrown brand said to be the first to actually brand the lape. These companies also educate people with the recipes that showcase the various ways in which the lappy can be used in dishes do you can eat as an attractive opportunity for promoters of bum these products. It allows them to take something so familiar and offer it in new always equally, it offers tea businesses that seek a deep a cultural connection with tea yet another way to tea. Then owns CEO, Immanuel father, writes that never before have the health of people and the health of the planet been so closely interconnected. Beginning this week, the TV is podcast and blog undertakes a series of interviews with thought leaders in tea, from organization such as the rainforest alliance growers in Shri Lauca, where a nationwide ban on the important manufacture of plant chemicals was instituted in May, and with multinationals like, you know, Labor or company with Extensive Tea Holdings that recently unveiled its basic principles of regenerative agriculture. Today's segment is a primer, introducing the topic and asking the critical question. Kind of world that has already eroded a third of the planets soils...

...feed the population of ten billion without intensive agricultural practices that rely on heavy inputs of fertilizer, herbicides and pesticides necessary to sustain monoculture farming. In a review of world resource institutes December report on the looming food gap, The Guardian Rights that quote, compared with two thousand and ten and extra seven thousand four hundred trillion calories will be needed each year by two thousand and fifty. If food production increases along current lines, that would require a landmass twice the area of India. and quote. As temperatures rise and rainfall becomes more erratic, attention has shifted to climate change and mitigation. At the farm level. Tea is generally grown on hillsides at altitudes less favorable to food crops, but a scarcity of land for food crops and depletion of soil on existing farms also present long term challenges for the tea industry. In leavor acknowledge, there is no accepted definition of regenerative agriculture, but the phrase is widely used to refer to practices that include minimum or no tillage, a reduction in the use of chemical pesticides and fertilizers, extensive crop rotation and well managed grazing for animals instead of industrial feed lots. regenitive agriculture is focused on the soil and the enhancement of soil organic matter. S So m is a mix of plant and animal debris soil...

...microbes in in enriched environment of carbon, hydrogen and oxygen. SOAMEM improve soil structure, reduces erosion and retains water. It also draws carbon dioxide out of the atmosphere where it is retained in the soil. UNILEVERS regenitive agricultural principles include regenerating soils, protecting water, increasing biodiversity, developing climate solutions and improving farmer livelihoods. Julia Stellari, sustainable sourcing director at Unilever, told food navigator that it's important the industry agree on a definition quote. Without consensus it's difficult to have alignment amongst organzations and therefore difficult to track progress and quote. Next in the series is a conversation with the rainforest alliance on how regenerative agriculture differs from sustainable farming. Agree by what you heard in today's podcast? Would you like to learn more from our global network of TB is journalists and P experts? Contact them directly through SUBPEC, private message based Plat avoid the chaos of social media and start a conversation that matters. Sub Text Message based platform let's you privately ask meaningful questions of the t experts, academics and t Biz journalists reporting from the tea lends. You see their responses via SMS texts which are sent to wreckt to your phone. visit our website. Subscribe to subtext to instantly connect with the most connected people in te remember to visit the TB is website...

...for more comprehensive coverage. That's wwwt is Z. Thanks for listening very well. WE'LL NE.

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