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Friday 22 November 2024
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forecast

Market & Trade

IBGE pegs Brazil’s crop at 49.7 million bags

Desk3 -
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...
Market & Trade

ICE Futures Europe to publish Daily Grading Overview beginning Monday

Desk3 -
Effective Monday 16 November 2015, ICE Futures Europe will publish a ‘Daily Grading Overview’ for coffee at close of business each day. The Overview...
Market & Trade

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

Desk3 -
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%...
Cocoa

ICCO releases its revised forecasts for 2014/2015 cocoa year

Desk3 -
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,...
Market & Trade

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

Desk3 -
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...
Market & Trade

Futures prices tumble on Volcafe crop estimate

Desk3 -
Coffee prices dropped to their lowest level in more than a year on Thursday. Arabica coffee futures sank more than 5 percent in heavy...
Market & Trade

UGANDA – Shipments could drop by a quarter on lower prices

Desk3 -
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...
Companies

NEW ZEALAND – Restaurant Brands raises annual profit forecast

Desk3 -
Restaurant Brands New Zealand, which operates the New Zealand outlets of KFC, Pizza Hut and Starbucks Coffee, raised its annual profit forecast as it...
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

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

Comunicaffe -
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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