Brazil cuts its forecast for CY 2017/18 due to pest damage, wet weather
MILAN - In the third official forecast this year, Brazil reduced its estimate for CY 2017/18 by almost 800,000 bags to 44....
Drought in Brazil has helped boost international prices for Uganda’s coffee
ROME – The increase in coffee prices has contributed to higher returns and a narrowing of Uganda's current account deficit...
Coffee prices fall, after reaching 4‐month highs, as market is well‐supplied
LONDON – The ICO composite indicator rallied briefly to above 135 US cents/lb but quickly fell back to the level of June. ...
Vietnam’s export earnings up 8 percent on year despite lower volumes
HANOI, Vietnam – Coffee exports from Vietnam totalled 974,712 in the period from January 1st to August 15th this year, rep...
The arabica monthly average rises and returns to levels of April/17
PIRACICABA, Brazil – Although the arabica harvesting is nearing the end, prices increased in the Brazilian market in the f...
India coffee output could hit 8-year low on weaker rainfall, pest attack
MILAN – Coffee production in India may fall to its lowest levels in eight year in CY 2017/18, according to a senior offici...
Cocoa prices slightly down in July on expectations of higher production
ABIDJAN, Ivory Coast – The current review of the cocoa market situation reports on cocoa price movements on the internatio...
Coffee prices increase as concerns about Brazil’s 2017/18 crop emerge
LONDON, UK – The ICO composite indicator price rose above 130 US cents/lb for the first time since April as reports emerged from Brazil about lower yields and quality issues related to the 2017/18 crop. Coffee exports have stabilized in the last two months but cumulative exports remain well above ...
Brazil’s 2017/18 crop 80% harvested. Robusta harvest virtually finished
MILAN – According to agricultural analyst Safras & Mercado, 80 percent of Brazil’s 2017/18 crop was harvested as of August 1, versus 76 percent at this time last year. S&M expects this year’s production to reach a total of 51.1 million bags. Harvest of arabica beans is at 74 percent...
Concerns over excess supply weighing on cocoa price movements
ABIDJAN, Côte d’Ivoire – The current review of the cocoa market situation reports on cocoa price movements on the international markets during the month of June 2017. Chart I illustrate price developments of the average of the nearest three active futures trading months on the London (ICE Futures Europe) and New York ...
