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Robusta futures prices jump to new historic highs on supply chain problems, lower stocks
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MILAN – Coffee futures prices jumped to new highs yesterday on chain supply problems, international tensions and extremely low inventories in both markets. In...
Brazilian producers may face weather challenges in 2024, says Cepea’s report
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SAO PAULO, Brazil – Brazilian coffee producers may face challenges in 2024, especially related to unfavorable weather conditions forecast for this year in Brazil,...
Arabica production registered an important productive recovery in 2023, says Cepea
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SAO PAULO, Brazil – Arabica coffee crops registered an important productive recovery in 2023, leading the 2023/24 season to be estimated at 55.1 million...
Coffee futures prices end the year on a low note on better weather prospects in Brazil
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MILAN – Coffee futures prices ended 2023 on a low note. In New York the most traded contract for March delivery lost 970 points...
Brazil: Conab ups its estimate for CY 2023/24 to 55.1M bags, with Arabica at 38.9M (+19%) and Robusta at 16.17M (-11.2%)
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MILAN – In its fourth coffee survey released on Thursday, Brazil’s National Supply Company (CONAB) revised upwards its official estimate for the 2023/24 crop...
London’s futures prices rally on reduced crop prospects in key Robusta producing countries
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MILAN – Robusta coffee futures rallied on Tuesday to their highest levels since the third decade of June on reduced crop prospects in Brazil....
Coffee futures prices ease on improved weather prospects in Brazil’s main areas, Vietnam’s Robusta harvest pick up pace
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MILAN – Arabica coffee futures slipped yesterday from the six-month high hit on Friday. In New York, the main contract for March delivery lost...
Arabica futures skyrocket on new certification rules in NY
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MILAN – Arabica coffee futures exploded yesterday, with Arabica and Robusta reaching their highest levels in 5 and a half and three and a...
USDA sees Brazil’s production slightly lower at 66.3 mil bags on worse prospects for robusta
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MILAN – In its latest semi-annual report on Brazil, the Foreign Agricultural Service (FAS) of the United States Department of Agriculture (USDA) lowered its...
Coffee exports from Brazil near record highs in October
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MILAN – Exports of all forms of coffee from Brazil grew 21.8% in October to 4,355,596 bags, close to a record high of 4.5...
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