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Sunday 17 November 2024
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drought

Companies

FUTURES MARKETS – Arabica prices skyrocket to 32-month highs

Desk3 -
MILAN – Arabica-futures rose to a 32-month high Monday on speculation that the lack of rains in the main coffee areas could affect the...
Companies

BRAZIL – Licht sees 2015/16 coffee crop at 43 million bags

Desk3 -
Brazil’s coffee crop in 2015/16 is set to fall to 43 million 60-kg bags down 6.5 percent from an estimated 46 million bags in...
News

FUTURES MARKETS – ICE posts biggest one day rally since May

Comunicaffe -
Arabica coffee on ICE Futures U.S. jumped on Thursday to their highest level in two-and-a-half months posting the biggest one-day rally since May. The benchmark...
News

FUTURES MARKETS – Bulish report makes prices soar

Comunicaffe -
Futures price for for Arabica coffee surged almost 5% yesterday following an update report from Tiago Ferreira, responsible for the Coffee Department for INTL...
Companies

BRAZIL – Damage to coffee crops may be less severe than expected, says minister

Comunicaffe -
MILAN – The worst drought in 50 years may have caused less damage than forecast in Brazil’s coffee belt, said yesterday the country’s agriculture...
Companies

BRAZIL – Conab cuts estimate to 44.6 million bags

Comunicaffe -
MILAN - As expected, Brazil’s National supply agency Conab reduced its estimate for this year’s crop on further evidence of damage from the worst...
Culture

BRAZIL – Yields: The Name of the Game

Comunicaffe -
In late February, Albert Scalla, INTL FCStone Senior Vice President and Tiago Ferreira, Risk Management Consultant, INTL FCStone DTVM Ltda. Made their first exclusive...
Companies

CLIMATE – El Nino may hike coffee prices further

Comunicaffe -
The upcoming El Nino threatens to drive coffee prices up further, which are already high due to drought in Brazil and as a fungus...
Companies

BRAZIL – USDA Gain Report sees production at 49.5 million bags

Comunicaffe -
SAO PAULO – In its annual Gain Report on Brazil, the US Agricultural Trade Office in Sao Paulo (ATO/Sao Paulo) forecasts coffee production for...
Companies

FUTURES MARKET – Arabica prices surge to 25-month high on renewed concerns of supply deficit

Comunicaffe -
MILAN – Breaching again the $2 threshold, Arabica coffee futures rose to 25-month high on Thursday on renewed concerns about Brazil's coffee crop. The Coffee...
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