Wednesday 24 April 2024
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Brazil

Market & Trade

Harvesting advance presses down quotes in Brazil, reports CEPEA

Desk3 -
SAO PAULO, Brazil –The coffee harvesting in the 2017/18 season has advanced in most Brazilian producing regions, favored by firm weather. Thus, prices dropped in Brazil in June. Robusta quotes decreased 17.79 reais per 60-kilo bag in the month. On June 30, the CEPEA/ESALQ Index of robusta type 6, screen 13, Espírito Santo State ...
Market & Trade

Rains hamper harvesting and might affect quality of part of the new crop

Desk3 -
SÃO PAULO, Brazil – The large volume of rains in the Brazilian producing regions of arabica and robusta coffee in the second fortnight of May delayed harvesting activities and knocked down some coffee beans from the trees. Growers who had already started the harvesting of early coffee in the 2017/18 season had to halt activities ...
Companies

Swiss trader Sucafina announces JV with Brazilian company Monte Alegre

Desk3 -
GENEVA, Switzerland – Sucafina announced yesterday a joint venture with Cia Agropecuária Monte Alegre, the soul of the best Brazilian coffees – sustainably produced across 2,300 hectares out of a total estate area of around 18,124 hectares. “The partnership with Monte Alegre is the result of a successful, personal relationship for ...
Market & Trade

Gain Report sees Brazilian production at 52.1 million, down 7% on year

Desk3 -
SAO PAULO, Brazil – ATO/Sao Paulo forecasts Brazil’s coffee production for Marketing Year (MY) 2017/18 (July-June) at 52.1 million 60-kg bags, a decrease of four million bags compared to MY 2016/17, due to the off-year of the biennial production cycle of trees in the majority of Arabica growing regions.
Market & Trade

Conab sees Brazil’s production at 45.56 million bags in its second estimate

Desk3 -
MILAN – In its second official estimate for domestic coffee output this year, Brazil's Crop Supply Agency Conab pegged production at 45.56 million bags – little changed from an initial estimate in January which, at the middle of the forecast range, came in at 45.58 million bags.
Market & Trade

Coffee roasters resume purchasing in the Brazilian market, says Cepea

Desk3 -
SAO PAULO, Brazil – After a period when trades were halted, coffee roasters resumed purchasing coffee in the Brazilian market, mainly Robusta beans and mid-quality Arabica, in the first fortnight of May. The purchased volume, however, was limited, once the availability of these types of coffee ...
Market & Trade

CEPEA: Arabica and Robusta quotes dropped in the Brazilian market

Desk3 -
SAO PAULO, Brazil – Quotes of arabica and robusta coffee dropped in the Brazilian market in April. The CEPEA/ESALQ Index of arabica type 6, hard cup or better (delivered in São Paulo city), dropped 3.72% between March 31 and April 28, closing at 457.68 BRL (144.24 USD) per 60-kilo bag on April 28 – the lowest value in real terms since ...
Events

FNC executives meet Brazilian officials and coffee leaders in Sao Paulo

Desk3 -
BOGOTA, Colombia – Seeking to strengthen ties with the world's leading coffee producer and exporter, executives of the Colombian Coffee Growers Federation (FNC) visited Brazil recently. Roberto Vélez, CEO of the FNC; Hernando Duque, the FNC Chief Technical Officer; Álvaro Gaitán, director of Cenicafé, and Juan Esteban Orduz ...
Companies

Commodities group sees Brazilian production down by 20 percent in 2017/18

Desk3 -
MILAN – Coffee production in Brazil is likely to drop between 15 and 20 percent on year due to the off-year in the biennial cycle, according to Joseph Reiner - global head of coffee for Chinese commodities group COFCO. The estimate is based on a field survey led by the company’s research team in the past weeks.
Market & Trade

Brazil: Quotes of Robusta coffee drop 5.4% in April according to Cepea

Desk3 -
SAO PAULO, Brazil – Quotes of Robusta coffee dropped in the Brazilian market in the first fortnight of April, pressed down mainly by the harvesting advance in Rondônia, the nearness of harvesting activities in Espírito Santo and the return of the Funrural (Rural Workers' Assistance Fund) charge.
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