Coffee cherries on tree

New York arabica futures touched a 19-month low of 119.85 cents on July 27 as general market sentiment turned bearish. This follows a long period of significant uncertainty over the size of Brazil's 2014/15 and 2015/16 coffee crops after the country was hit by...

Brazil - Cooxupe says rains will boost coffee crop only in 2017/18

The head of Brazil's largest coffee cooperative Cooxupe said the country's crop would only fully recover from two years of drought in 2017/18, after rains allowed regrowth of trees' damaged roots, branches and ...

Colombia - Asoexport demands lifting of export rules

Colombia should lift its coffee export restrictions to allow local producers to tap more diverse markets and increase profits, Carlos Ignacio Rojas, the head of the private coffee exporters association (Asoexpo...

Brazil - No. 2 and No. 3 coffee cooperatives see smaller 2015/16 crop and lower quality

Two of Brazil's biggest coffee cooperatives say a shortage of rain at the start of this year has led to smaller-than-expected harvests, while unseasonal rain in June and July is hurting quality. Cooparaiso, the...

Central America - States issue alert as severe drought hits agriculture

Central American and Caribbean governments on August 20 issued an official alert as severe drought in the region damages the crops of some 1.6 mln people, Reuters reported. As part of the step, governments from...

United States - July 2015 green coffee stocks lower than year ago

Green coffee stocks in port warehouses as of end-July 2015 amounted to 5.883 mln 60-kg bags, the Green Coffee Association (GCA) reported. This was up 373,235 bags on the preceding month.   They were 159,315 b...

Vietnam - Coffee exports rise to four-month high in July 2015

Coffee exports in July 2015 were at a four-month high of 107,140 tonnes (1.78 mln 60-kg bags), up 2.8% on the month, customs data show. July exports brought Vietnam's total shipments in the first ten mont...

The New Zealand government is investing NZD14.5 mln ($9.43 mln) to help develop Timor-Leste's coffee and cocoa industry, Foreign Minister Murray McCul...

Uganda - Coffee exports rise 28.3% y/y in July 2015

Uganda exported 403,381 60-kg bags of coffee in July 2015, up 28.3% from 314,304 bags shipped in the same month last year, the state-run Uganda Coff...

Vietnam - Instant coffee exports seen up 44% in 2014/15

Vietnam is forecast to export 78,000 tonnes of instant coffee in 2014/15 (Oct/Sep), a jump of 44% y/y, the Thanh Nien newspaper reported, citing an es...

Israel - Strauss Group H1 coffee sales down 12% in Serbia, up 16% in Romania

Strauss Group said its coffee sales in Serbia dropped 12% to ILS73 mln ($18.8 mln) in the first half of 2015. The group's coffee sales in Romania rose...

Nicaragua - Coffee exports fall 4.1% in July 2015

Nicaragua exported 189,354 60-kg bags of coffee in July 2015, down 4.1% on the year, the National Export Centre (Cetrex) said. This brought total expo...

Brazil - São Paulo state raises coffee forecast

The government of São Paulo state raised its estimate of the state's coffee crop in 2015/16 to 4.13 mln 60-kg bags, up 3.7% from the previous projecti...

United Kingdom - Certified robusta stocks drop fractionally

Tenderable coffee stocks held in ICE Futures Europe nominated warehouses fell by 28 10-tonne lots to 20,368 lots (3.395 mln 60-kg bags) in the two wee...

 

China - The Coffee Bean & Tea Leaf signs deal to expand into China

The Coffee Bean & Tea Leaf, a Southern California-based privately-held specialty coffee and tea retailer, announced the signing of an exclusive area development...

Colombia - Coffee growers elect Roberto Vélez Vallejo as the new FNC CEO

Colombian coffee growers on August 12 elected Roberto Vélez Vallejo as the new Chief Executive Officer (CEO) of the Colombian Coffee Growers Federation (FNC).Th...

Brazil - Volcafe lowers 2015/16 coffee crop forecast

Trading house Volcafe lowered its forecast for the current coffee crop in top grower Brazil, and cautioned that global arabica stocks will be minimal at the end...

Vietnam - August 2015 coffee exports down 8% y/y

Vietnam will export an estimated 90,000 tonnes (1.5 mln 60-kg bags) of coffee beans in August, a drop of 8.0% from 97,800 a year ago, the General Statistics Off...

Arabica sign on roasted beans

International - Certified arabica stocks rise as of August 27

ICE certified arabica stocks rose by 1,825 60-kg bags to 2,089,865 bags on August 27, exchange data show. 4,400 bags were graded, of which 3,575 passed exchang...

Pile of coffee bags

Brazil - Coffee stocks at 14.369 mln bags on March 31

Brazilian coffee stocks in private hands were estimated at 14.369 mln 60-kg bags on March 31, 2015 down 5.6% from the 15.217 mln bags on that day a year ago, th...

Roasted coffee beans and cup

Second estimate of world coffee production 2014/15

Global coffee prices have been on a downtrend since October 2014 when arabica futures reached an intraday high of 225.50 cents/lb, the highest for the front mon...