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
Last month, the CEPEA/ESALQ index for Robusta type 6, screen 13, Espirito Santo State, has averaged $94.26 per 60kg bag, a 3.9% fall compared to February that grossed $97.94 per bag and lower than the March 17 $123.67 per bag
Arabica production is going to be shaken up by a record harvest in Honduras, which is expected to cause changes in commodity prices. Even if analysts expected 2018 to be an off-year for Honduras coffee production, the Dutch Bank, Rabobank,
Total production in the year 2017, according to an Ico report, has an estimated 158.93 million bags, with an increase of 0.8%, compared to last year. In this total, the share of Arabica is at 62.2% compared to 64.8% in
Conab, Brazil’s official crop bureau, downgraded by 790,000 bags to 44.77m bags its estimate for the country’s 2017 coffee harvest. This is due to damage caused by beetle pests and weather conditions on the arabica crop. On the other hand, robusta
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