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Coffee futures prices soar on both markets following news that El Niño has already begun
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MILAN – Coffee prices rose sharply yesterday on both markets following new reports showing that a new El Niño weather pattern has begun, which...
Robusta futures cross again the $2,600 mark, New York recovers from recent lows
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MILAN – Robusta coffee futures crossed again the $2,600 mark on Thursday nearing recent highs. The main contract for July delivery gained $49 (+2%)...
Ice Arabica closes near two month lows, London down from last week’s 15-year highs
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MILAN – Following the Memorial Day holiday, Ice Arabica resumed trading on Tuesday on a negative tone. The main contract for July delivery lost...
Conab cuts its estimate to 54.74 million bags, sees the Robusta crop down by 7.6%
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MILAN – In its second forecast for the 2023/24 crop season, the Brazil’s food supply and statistics agency (Conab) has pegged its production estimate...
Coffee exports from Brazil were 10% in April, Cecafé
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MILAN – Coffee exports from Brazil saw a further decline in April. According to Cecafé’s newly released figures, the world’s largest producer and exporter...
Harvesting of Arabica coffee begins in some Brazilian regions, CEPEA
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SAO PAULO, Brazil – The harvesting of Arabica coffee began in April in some regions in São Paulo State, such as Mogiana and Garça,...
Brazilian specialty coffee producers to exhibit their best beans at Specialty Coffee Expo in the US
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PORTLAND, USA – Some of Brazil’s best specialty coffee is heading to the US to be showcased at the highly prestigious and biggest event...
Brazilian Arabica farmers are getting ready to begin the harvest
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SAO PAULO, Brazil – In the first half of April, Brazilian coffee farmers were monitoring crops, beginning the harvesting and/or getting ready for the...
Brazil’s coffee exports down by 23% in first quarter of 2023
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MILAN – Brazil’s coffee exports were 19% down in March reaching their lowest level for the month since 2018. According to Cecafé’s monthly figures,...
Safras & Mercado sees Brazil’s coffee production in 2023/24 at 66.65 million bags, up 13% y/o/y
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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...
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