Roasted coffee beans and cup

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 month since January 2012. At that time forecasts for continued dry weather in Brazil raised concerns ov...

Brazil - Government rescinds decision to allow coffee imports from Peru

Brazil's government said it would not allow imports of Peruvian coffee, reversing last month's decision to open its market to its South American neighbour.The about-face came after farmers and politicians from ...

Brazil - Cooxupé coffee cooperative starts harvest

Cooxupé, the world's largest coffee cooperative, has started harvesting the 2015/16 arabica crop in Minas Gerais state, said Carlos Paulino da Costa, the cooperative's president. However, very little has been d...

United Kingdom - Certified robusta stocks approach 3 mln bags

Tenderable coffee stocks held at ICE Futures Europe-nominated warehouses rose by 261 ten-tonne lots in the two weeks to May 11, bringing the total up to 17,810 lots (2.968 mln 60-kg bags), exchange data show...

El Salvador - Coffee exports jump 17% y/y in April

El Salvador exported 76,418 60-kg bags of coffee in April 2015, up 17% from 65,249 bags in the same month a year earlier, the National Coffee Council (CSC) said. This brought total exports in the first seven mo...

Brazil - Roasters welcome opening of market to Peru coffee

Brazil's coffee roasting industry welcomed the government's decision to clear imports of Peruvian beans to the local market, the world's second largest consumer of coffee, Reuters reported. Coffee processing as...

Brazil - USDA attaché report sees 2015/16 crop at 52.4 mln bags

Brazil will harvest 52.4 mln 60-kg bags of coffee in 2015/16, up 2% from this year but below 56.0 mln in 2013/14, a USDA attaché report said, marking the largest forecast yet after the world's biggest producer ...

Volcafe, the Swiss-based coffee division of commodities house ED&F Man, raised its global coffee output forecasts due to an improving production o...

Cameroon - Robusta exports nearly triple in April 2015

Robusta coffee exports nearly tripled to 7,575 tonnes in April 2015 from 2,622 in the same month last year and compared with 984 tonnes in the previou...

Italy - Massimo Zanetti prices May listing IPO

Massimo Zanetti Beverage Group (MZB) will list a stake of up to 35.6% on the Milan bourse in an initial public offering that could value the group at ...

Angola - Angola strives to revive top coffee producer status in Africa

Angola strives to revive its coffee plantation and production, China's state news agency Xinhua cited the Secretary General of the Inter-African Coffe...

United States - Green coffee stocks down 168,969 bags m/m in April

Green coffee stocks in port warehouses as of end-April 2015 amounted to 5.204 mln 60-kg bags, the Green Coffee Association (GCA) reported. This was do...

Brazil - 2015/16 coffee crop seen at 50.4 mln bags - Safras

Brazilian analyst Safras & Mercado forecast a 2015/16 (Apr/Mar) coffee crop of 50.4 mln 60-kg bags with 36.1 mln of arabica and 14.3 mln of robusta, i...

Italy - Lavazza to expand through acquisitions

Lavazza said it wants to become a bigger player in the sector and is looking to acquisitions to boost growth after reporting a 16% rise in net profit ...

 

Colombia - Fedecafe head to step down on June 1, 2015

Colombia's farmer-funded National Federation of Coffee Growers (Fedecafe) said on May 13 its head, Luis Genaro Munoz, will step down on June 1 and that the COO ...

Vietnam - State Banks to offer loans for replanting coffee trees

The State Bank of Vietnam said it will provide loans with low interest rates to local farmers to replace old coffee trees. It said state-run Vietnam Bank for Ag...

Brazil - One fifth of Espírito Santo's conilon crop harvested

Coffee farmers in Espírito Santo have harvested some 20% of the2015/16 crop, or around 2 mln 60-kg bags, state government research agency Incaper said. Robusta ...

International - 4C exports reach nearly 10 mln bags

The 4C Association reported that in 2014, its global roaster and retail members received 9,938,511 60-kg bags of 4C compliant coffee. From a global perspective,...

Arabica sign on roasted beans

United States - ICE certified coffee stocks fall further as of May 21

ICE certified arabica stocks fell by another 18,414 60-kg bags to 2,148,217 bags as of May 21, exchange data show. There were 49,266 bags pending grading of whi...

Robusta sign on roasted coffee beans

Vietnam - Vicofa sees 2015/16 coffee output down on unfavourable weather

The Vietnam Coffee and Cocoa Association (Vicofa) confirmed earlier statements according to which coffee output in the 2015/16 (Oct/Sep) crop year will likely c...

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...