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Usda lowers estimate for Colombian production in MY 2018/19 to 13.9 mln bags
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BOGOTA, Colombia – According to the lastest USDA Gain Report, Colombian coffee production is forecast to reach 14.3 million bags green bean equivalent (GBE)...
Ico Report: second consecutive supply surplus weighs on global coffee prices
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LONDON, UK – The ICO composite indicator fell by 6.7% to 96.07 US cents/lb in August 2019, compared to July 2019 and by 13.6%...
Brazilian coffee consumption expected to grow at a lower pace in 2019, says Abic
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MILAN – According to the Coffee Industry Association of Brazil (Abic), domestic consumption will rise at a lower rate in 2019, after a 5%...
Ico Report: Monthly composite indicator lowest since October 2006
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LONDON, UK – In March 2019, the ICO composite indicator fell by 3.1% to 97.50 US cents/lb, which is the lowest monthly average since...
Safras & Mercado pegs Brazil’s 2019-2020 coffee crop at 58.9 million bags
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MILAN – A new estimate from Safras & Mercado pegs Brazil’s coffee crop for 2019/20 harvest at 58.9 million bags, down 8.1% from a...
Domestic coffee consumption in Brazil pegged at 21 million bags in 2018
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MILAN – Brazil’s domestic coffee consumption rose by 4.8% over the course of the 2018 commercial year from a downward revised figure for 2017,...
Coffee Board of India lowers its estimate of coffee production for 2018/19
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MILAN – The Coffee Board of India has lowered its forecast for the 2018/19 coffee crop. The Post Monsoon Crop Estimate based on crop...
Coffee year 2018/19 to mark a second consecutive season of surplus
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LONDON, UK — Coffee year 2018/19 is expected to be the second consecutive season of surplus, as global output, estimated at 167.47 million bags,...
Conab’s fourth estimate pegs Brazil’s crop at a record 61.7 million bags
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MILAN – Brazil harvested a record crop of 61.7 million bags, the government food supply and statistics agency Conab said on Tuesday in its...
Vietnam: Usda Gain Reports sees production at 30.4 million bags in 2018/19
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MILAN – Usda Foreign Agricultural Service maintains its estimate of Vietnam’s coffee production for MY 2017/18 at 29.3 million bags (GBE), which includes 1.3...
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