Sunday 19 May 2024
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Safras & Mercado

Coffee futures prices are down on better weather prospects in Brazil

MILAN – Coffee futures prices fell for the third session in a row on Wednesday on improved weather conditions in the Brazilian coffee belt...

Ice Arabica futures hit their lowest levels in seven months, Robusta at four-month low

MILAN – Coffee futures prices closed lower for the third straight day on Wednesday. Ice Arabica contract for September delivery fell 35 points to...

Safras & Mercado sees Brazil’s coffee production in 2023/24 at 66.65 million bags, up 13% y/o/y

MILAN – Coffee production in Brazil will rebound by 13% in the 2023/24 season to reach a total of 66.65 million bags, Brazil’s authoritative...

Brazil: Safras & Mercado cut their crop estimate to 58.2 million bags

MILAN – Brazil ’s well-respected agribusiness consultancy Safras & Mercado cut Thursday their estimate for the country’s 2022/23 coffee crop by 2.9 million bags...

Arabica prices rebounded on Monday resuming the upward trend, Robustas rose marginally

MILAN – Arabica coffee prices rose sharply on Monday on negative weather news from Brazil. There are fears that an excessive dryness could reduce...

Safras & Mercado says Brazil’s crop may be lower than expected

MILAN – According to last Thursday's data from Safras & Mercado, Brazilian coffee farmers harvested 89% of the 2022/23 coffee crop as of Aug...

Safras & Mercado sees Brazil’s crop for coffee year 2022/23 at 61.1 million bags

MILAN – Safras & Mercado has recently issued a new production estimate for the next Brazil July 2022 to June 2023 coffee year. The...

Market reports and weather forecasts are sending coffee prices on a roller coaster ride

MILAN – Market and weather news are sending coffee futures prices on a roller coaster ride. Ice Arabica futures for December delivery recovered from...

MarketDesk partners with CMA Group to distribute global agribusiness big data

NEW YORK, NY, U.S. – MarketDesk, the revolutionary market data sales channel today announced a partnership with the CMA Group to begin making its...

Safras & Mercado pegs Brazil’s 2019-2020 coffee crop at 58.9 million bags

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...

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