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Brazil

Market & Trade

Rabobank sees Brazilian output at 51.8 million bags

Desk3 -
LONDON – Brazil, the world’s largest coffee producer and exporter, will harvest a crop of 51.8 million bags in 2016/17, up 2.6 million bags year-on-year, but partly below market expectations, Rabobank said on Wednesday...
Nonprofit

Nestlé, Jde admit possibility of slave labour in their supply chains

Desk3 -
MILAN - Nestlé and Jacobs Douwe Egberts (Jde), the two leading coffee companies in the world, admit that beans bought from Brazilian plantations may...
Market & Trade

Brazil’s coffee exports up 6 percent in February

Desk3 -
MILAN - According to preliminary data from country’s Ministry of Trade, green coffee exports from Brazil rose to 2.669 million 60-kg bags or a...
Market & Trade

Conab to hold coffee auction on Thursday

Desk3 -
MILAN – Conab, Brazil’s National Supply Company depending from the Ministry of Agriculture and Supply (MAPA), will auction around 188,000 bags of Arabica coffee...
Production

Low supply to push higher Conillon prices

Desk3 -
During this season, the volume of Robusta coffee (Conillon) traded in the Brazilian domestic market has been low, which is favoring prices readjusts since...
Market & Trade

Cooxupé expects bigger coffee beans from the new crop

Desk3 -
MILAN - Arabica futures prices edged lower on Tuesday in the first session of the week after after Monday's closure for Presidents' Day. The most active contract closed 50 points down to 117 cents per lb.
Market & Trade

Coffee prices to rise modestly in 2016, despite supply deficit

Desk3 -
MILAN – Demand will exceed supply by 3 million bags in coffee year 2015/16, according to the median forecast of coffee traders surveyed by Reuters. But a weak Real will limit the rally in prices to less than 15 percent from current levels.
Associations

Brazilian exports of Robusta sharply down in January

Desk3 -
MILAN - Coffee exports from Brazil slowed down by 11.4 percent in January 2016 to 2,709,399 bags compared to 3,058,483 bags in January 2015, according to the Brazilian Council of Coffee Exporters, or Cecafé.
Market & Trade

IBGE sees Brazil’s crop at 49.7 million bags

Desk3 -
MILAN - Brazil's coffee output will surge 12.7 percent to 49.7 million bags in coffee season 2016/17, according to the latest monthly report from the Brazilian Institute of Geography and Statistics (IBGE).
Production

Brazil: CNC sees stocks shrinking to record low

Desk3 -
MILAN - Brazilian ending coffee stocks are expected to fall to a record low, according to the National Coffee Council (CNC). Inventories in Brazilian storage facilities as of March 31st are likely to fall in a range between 4 and 6 million bags.
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