USDA sees Brazil’s coffee crop at 66.4 million bags in 2023/24
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BRASILIA, Brazil – The new annual report from USDA’s Foreign Agricultural Service forecasts the Brazilian coffee production for Marketing Year 2023/24 (July-June) at 66.4...
Robusta futures surge to new highs, Rabobank forecasts prices to range between $2,480-2,750
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MILAN – Robusta coffee futures surged to new highs on Wednesday on tight supplies and a weaker dollar. In London, the most active contract...
ICO average monthly price of Robustas reaches 28-year high
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LONDON, UK – Monthly average of the ICO indicator price for Robusta coffee reached a 28-year high of 122.55 cents/lb, the highest level since...
UK at-home coffee market set for growth as consumers bring café quality to their kitchens
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LONDON, UK – World Coffee Portal’s Coffee At Home UK 2023 report shows total consumer coffee machine sales in the UK rose from £123.2m...
Demand for fine coffee increases in Brazil, says Cepea in its latest update
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SAO PAULO, Brazil – Sales of arabica coffee increased slightly in late May. According to Cepea collaborators, that scenario was linked to an increase...
USDA sees Tanzania’s coffee production up 21% in market year 2023/24
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DAR ES SALAAM, Tanzania – Coffee production in Tanzania is forecast to increase 21 percent to 1.35 million bags in MY 2023/24 due to...
Fairtrade membership and sales reach record levels
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BONN, Germany – Financial benefits from Fairtrade sales and numbers of producers in the Fairtrade system reached record levels in 2021, topping €200 million...
Vietnam: USDA revises downward its estimate 2022/23 by over a million bags to 29.75 million (-6%)
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HANOI, Vietnam – In its annual report on the coffee sector in Vietnam, the Foreign Agricultural Service of the US Department of Agriculture revised...
Seven in ten Indian consumers crave more flavour adventure in the sweet bakery category
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MUMBAI, India – New research from Mintel shows that Indian consumers are yearning for a heightened level of flavour adventure from sweet bakery products,...
Colombia: USDA cuts estimate for 2022/23 coffee crop by 10%
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BOGOTA, Colombia – According to the newly released Gain Report from USDA's Foreign Agricultural Service, Colombian coffee production in marketing year 2023/24 is forecast...