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Friday 22 November 2024
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forecast

Gain Report sees India’s MY 2018/19 coffee crop down on heavy monsoon rains

Desk3 -
MUMBAI, India – In its latest report, Usda Foreign Agricultural Service forecasts India ’s MY 2018/19 coffee crop (October-September) at 5.2 million 60-kg bags,...

Marex Spectron forecasts large global surplus for coffee year 2018/19

Desk3 -
LONDON – Marex Spectron sees a supply surplus of 5 million bags in CY 2018/19 driving by a bumper crop in Brazil. This would follow...

Conab sees record Brazilian coffee output in 2018 at 58.5 million bags

Desk3 -
MILAN – Brazil’s is expected to harvest a bumper crop IN 2018. In its first forecast for CY 2018/19, Conab - the National Food...

Australian Bureau of Meteorology pegs La Niña chances at least at 50%

Desk3 -
MELBOURNE, Australia – The El Niño Southern Oscillation (ENSO) is currently neutral. However, models suggest the tropical Pacific Ocean will continue to cool, making...
Climate

NOAA: SST index values were close to zero in all four El Niño regions

Desk3 -
COLLEGE PARK, MD. U.S. – During July, ENSO-neutral continued, as equatorial sea surface temperatures (SSTs) were near average across most of the Pacific Ocean, according to the U.S. National Oceanic and Atmospheric Administration (NOAA). The latest weekly Niño SST index values were close to zero in ...
Market & Trade

Global specialty coffee shops market to grow at a CAGR of more than 10%

Desk3 -
LONDON, UK – Technavio analysts forecast the global specialty coffee shops market to grow at a CAGR of more than 10% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global specialty coffee shops market for 2017-2021.
Associations

Coffee output to near last crop’s yield, says Vietnam’s coffee association

Desk3 -
HCM City, Vietnam – The 2017-18 coffee crop is expected to yield around 1.4 million, which is equal to or slightly lower than last year’s harvest, according to the Vietnam Coffee and Cocoa Association. Nguyen Nam Hai, deputy chairman of the association, said the annual coffee crop would enter the harvest season in October or November.
Market & Trade

Conab sees Brazil’s production at 45.56 million bags in its second estimate

Desk3 -
MILAN – In its second official estimate for domestic coffee output this year, Brazil's Crop Supply Agency Conab pegged production at 45.56 million bags – little changed from an initial estimate in January which, at the middle of the forecast range, came in at 45.58 million bags.
Chocolate

The North America cocoa market is expected to gain 23 BPS by 2026

Desk3 -
NEW YORK, U.S. – Cocoa liquor sub-segment likely to surpass cocoa powder sub-segment in terms of value share in the coming decade, owing to an increase in demand for cocoa liquor. Cocoa powder falls under both conventional and organic categories.
Market & Trade

Vietnam’s coffee cup could overfill two weeks earlier this year, say reports

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HO CHI MINH CITY, Vietnam – The rainy season is expected to begin from late April in the Central Highlands. This year's rainy season is expected to return earlier than usual to Vietnam's coffee belt in the Central Highlands, with regular showers forecast from late this ...
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