Market analyses and reports on the coffee and coffee machine markets
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 of Coffee Growers of Colombia had appealed to the government for help for coffee farmers due to lower prices both
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 (a 31.2% low). March 15, index was closed at $91.58 per 60kg bag representing, a 4.2% decrease when compared to
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, after a forecast of 6.5m 60kg bags, concerning Honduras output, has reconsidered its predictions and estimated a record high of
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 2016, with a drop of 3.3%. Robustas’ share is up from 35.2% in 2016 to 37.8% in 2017, with an
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 crop estimate saw an increase of 568,000 bags to 10.71 m bags. However, this still represents the second weakest result
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. At the World of Coffee event happening in Budapest, Simon Aebi, Business Development Manager at Fairtrade Max Havelaar Switzerland, announced
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 bags year this season, a record from the two countries. Expectations also show exports of 7.31m bags, which is also
During the first eight months of the coffee year 2016/17 (from October to May) total coffee exports have been higher than the previous year (3.9 million bags higher). According to Ico, in May 2017 total coffee exports came to 10.9 million bags, 8.8% higher than in May 2016. Among the top coffee-producing countries, Brazil has seen a decline in exports for two
According to Daily Coffee News, the World Coffee Producers Forum in Medellín, Colombia has seen the addition of a new member, former US President Bill Clinton, to join the discussion panel. President Clinton, alongside Colombian President, Juan Manuel Santos will join international coffee experts as from July 10 to 12, 2017 to address the already sold-out inaugural event of the