According to the latest report from the International Coffee Organization, 2018 is set to become the best year in coffee exports.
Despite the previous Ico’s previsions, which forecasted an increase in coffee production, according to the recent Ico’s report, in 2018, Global coffee production was estimated at 158.56 million bags, 0.3% lower than 2017. Arabica output is expected to decline by
The Colombian government will not be offering immediate subventions to coffee farmers, due to budget constraints this year. This comes at a time when coffee producers are plagued with low prices and heavy rains, as reported by Reuters. The National Federation
According to novosti.rs, Brazil and Vietnam are facing the decrease of coffee growth which will affect coffee prices in Serbia, as well as in the whole world. The market demand is in constant increase, Robusta deficit is compensated with the more expensive sort, which results in higher prices.
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According to Daily Coffee News, since 2008, coffee has been traded digitally; today, anyone can check information shared via online media, helpful to roasters buying green coffee. New platforms take advantage of digital connectivity when sampling, sourcing, and buying green coffee.
Africa’s top two coffee growers, Uganda and Ethiopia, that accounts for more than 60 percent of coffee production in Africa, will produce 10.9m bags in 2017-8, reports a US Department of Agriculture foreign staff (Agrimoney) . This will mean an increase in 175m