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Thursday 26 December 2024
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IBGE pegs Brazil’s crop at 49.7 million bags

MILAN - Brazil’s coffee crop in 2016/17 will reach 49.7 million bags, or a 12.5 percent increase on year, according to the Brazilian Institute...

ICE Futures Europe to publish Daily Grading Overview beginning Monday

Effective Monday 16 November 2015, ICE Futures Europe will publish a ‘Daily Grading Overview’ for coffee at close of business each day. The Overview...

Post-blossom forecast sees Indian crop at record levels in 2015/16

In its post-blossom forecast, the Coffee Board of India pegs next year’s crop at the record level of 355,600 tonnes , up by 8.75%...

ICCO releases its revised forecasts for 2014/2015 cocoa year

The International Cocoa Organization released on 29 May 2015, its revised forecasts for the current 2014/2015 cocoa year and revised estimates of world production,...

BMI Research revises up forecast for 2015 Brazil coffee crop to 49.5 million bags

In its most recent report, BMI Research, a FitchGroup company, has revised up considerably its forecast for Brazil’s coffee crop from 46.3mn bags to...

Futures prices tumble on Volcafe crop estimate

Coffee prices dropped to their lowest level in more than a year on Thursday. Arabica coffee futures sank more than 5 percent in heavy...

UGANDA – Shipments could drop by a quarter on lower prices

Coffee exports from Uganda are expected to decline in March due to due to plummeting international prices. In fact, shipments could drop as much as...

NEW ZEALAND – Restaurant Brands raises annual profit forecast

Restaurant Brands New Zealand, which operates the New Zealand outlets of KFC, Pizza Hut and Starbucks Coffee, raised its annual profit forecast as it...

FUTURES MARKETS – ICE posts biggest one day rally since May

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...

GLOBAL NEWS – Climate Prediction Center sees 70 percent chance of summer El Niño

Scientists at the Climate Prediction Center announced Thursday morning that Pacific Ocean temperatures are warmer than normal, continuing to signal a developing El Niño...

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