Red coffee cherries in bucket

India is likely to produce a record 5.927 mln 60-kg bags of coffee in the next 2015/16 (Oct/Sep) season, up 477,000 bags or 8.7% from this season's output which had already been a record in itself. The forecast was made by the Coffee Board of India (CBI) in it...

Cameroon - $340 mln investment to lift coffee output to 2.5 mln bags by 2025

Cameroon's government will invest $340 mln over the next five years to increase production of robusta and arabica coffees, Agriculture and Rural Development Minister Essimi Menye said. The government wants to l...

Ethiopia - New markets eyed in Far East, Eastern Europe

Ethiopia is targeting new and emerging markets in the Far East and Eastern Europe to increase its coffee export volume during the Second Growth and Transformation Plan (GTP-2) period from 2015 to 2020, the Mini...

Ethiopia - Saudi investor's farms to raise coffee, tea output

Ethiopia's coffee export drive will be boosted by higher output from the venture of a major Saudi Arabian investor, the manager of his enterprises there said. Horizon Plantations and Ethio Agri-CEFT plans to mo...

Costa Rica - Coffee exports flat in June 2015

Costa Rica exported 163,634 60-kg bags of coffee in May 2015, hardly changed from 163,309 bags during the same month last year, the country's national coffee institute (ICAFE) said. This brought total exports i...

United States - J.M. Smucker cuts coffee prices

J.M. Smucker Co. cut prices for most of its Folgers and Dunkin' Donuts coffee brands sold in the United States by 6%, the US roaster said, partially reversing last year's price hikes to woo back customers, Reut...

ICO - World coffee exports down 12% in May 2015

Members of the International Coffee Organisation exported 9.277 mln 60-kg bags of coffee in May 2015, down 12% from 10.542 mln in the same month a year ago, ICO data show. This brought total exports for the...

Southwest China's Yunnan province on July 1 began a container train service carrying coffee beans and other products to Europe, state news agency Xinh...

United Kingdom - Costa reports 12.5% sales rise in strong first quarter

Costa owner Whitbread saw its total sales rise 12.5% in the three months to 28 May compared to the same period last year, the company announced in its...

Nicaragua - IDB partners with IFC, Exportadora Atlantic and Starbucks to combat leaf rust

The Inter-American Development Bank (IDB) will provide long-term loans to help Nicaraguan coffee farmers combat the devastating effects of the coffee ...

Brazil - Cooxupe says coffee harvest in region reaches 11.3%

Brazil's largest coffee cooperative Cooxupe said that 11.3% of the 2015/16 crop in its region of operations had been harvested by June 20, well behind...

India - Firm behind Cafe Coffee Day files for IPO to raise INR11.5 bln

Leading coffee shop chain operator Coffee Day Enterprises (CDE) has filed a draft application with capital market regulator Securities and Exchange Bo...

Cameroon - Dec/May robusta exports more than double y/y

Cameroon's robusta coffee exports fell slightly to 2,379 tonnes in May 2015 from 2,700 in the same month a year ago, according to the country's main i...

Nicaragua - Coffee exports in May up marginally on the year

Coffee exports reached 261,866 60-kg bags in May 2015, up 0.5% on the year, the national export centre (Cetrex) said. Shipments for the first eight mo...

 

United States - Starbucks raises Global Farmer Loan Commitment to $50 mln by 2020

Starbucks Coffee Company on June 22 announced an additional commitment of $30 mln as part of its Global Farmer Fund program. This investment is the continuation...

Colombia - Coffee growers protest against government

Coffee growers and other farmers threatened to initiate a mass national strike in the second half of July if the government continues to ignore their demands, a...

India - 2015/16 coffee output seen rising to record level

India is likely to produce a record 355,600 tonnes (5.927 mln 60-kg bags) of coffee in 2015/16 (Oct/Sep), up 8.75% from last year on good pre-monsoon showers in...

Brazil - Green coffee exports decline 9% in June 2015

Green coffee exports in June 2015 were 2.39 mln 60-kg bags, down from 2.63 mln in the preceding month and 2.62 mln in the same month a year ago, according to th...

Arabica sign on roasted beans

International - ICE certified arabica stocks rise by 22,505 bags

ICE certified arabica stocks rose by 22,505 60kg bags to 2,151,245 bags between June 18 and July 1, exchange data show. A 8,343-bag increase in Europe to 1,459,...

Roasted coffee beans and cup

United States - Single-serve seen reducing domestic consumption in 2015/16

Americans are spending more money on coffee than ever before, but for the first time in six years, they will be drinking less of it as the single-serve revoluti...

Coffee beans at different roasting stages

First estimate of World Coffee Production 2014/15

Global coffee prices continued to be on a rollercoaster ride in the past couple of months as ongoing uncertainty over the extent of drought damage to Brazil's 2...