Monthly Archives: January 2014

BBC: How Vietnam became a coffee giant

How Vietnam became a coffee giant By Chris SummersBBC News Think of coffee and you will probably think of Brazil, Colombia, or maybe Ethiopia. But the world’s second largest exporter today is Vietnam. How did its market share jump from … Continue reading

Posted in Vietnam | Comments Off

Vietnam: Record Harvest and record local inventories as Tet approaches

Farmers in Vietnam will reach the  Tet Lunar New Year festival with alarger portion than usual of their crop unsold as they expect higher prices. Growers will sell 33 percent of their beans before the holiday starts on Jan. 28 … Continue reading

Posted in Production, Vietnam | Comments Off

Banks cut Brazilian Crop Forecasts

Following Volcafe Ltd., estimated Brazil’s harvest at 51 million bags, below production potential of 60 million.  Leading banks are also cutting their crop expectations: Citigroup Inc. cut its forecast for the crop by as much as 10 percent Macquarie Group … Continue reading

Posted in Brazil, Production | Comments Off

Brazilian Coop Crop View: No growth due to decreased husbandry

Despite theoretical  High-Yield Cycle Cooparaiso Sees Stable Crop The coffee crop at Cooparaiso, (http://www.cooparaiso.com.br)  will be little changed from a year earlier even as trees enter the higher-yielding half of a two-year cycle. According to Coop officials  reduced husbandry and tired trees offset … Continue reading

Posted in Brazil, Production | Comments Off

India consumption rising at 5-6% per year

The pick-up in coffee exports since October will help shipments in the current fiscal exceed last year’s levels, says the Coffee Board. Coffee exports in 2012-13 stood at 2.98 lakh tonnes. “Exports have picked up since October and we expect … Continue reading

Posted in Consumption, Production | Comments Off

A rising market? Key issues since the end of the year

Due to low prices, Index funds had to buy a significant amount of lots to maintain the share of coffee within their portfolios. After years of Brazilian bumper crop forecasts there were signs of a smaller crop in Brazil.  Smaller than … Continue reading

Posted in Brazil, Market Comments | Comments Off

Australian Survey: Coffee or sex, which would you prefer?

SURE, it is a nice way to wake up but do people really enjoy coffee more than sex? Apparently yes. In a study of more than 4000 Australians, almost 3500 reckon they would take their daily caffeine hit over alcohol, … Continue reading

Posted in Coffee Trivia | Comments Off

Trend since November is close to place coffee in technical bull market territory

Coffee futures have risen close to  20 cents per pound since early November—a 19 percent rise that nearly puts the commodity in technical bull market territory. First of all, November’s low  marked a seven-year low for coffee futures. Coffee has … Continue reading

Posted in Market Comments | Comments Off

Will the longest coffee price slump in more than 30 years continue?

In the past month coffee experienced Is the longest price slump since the early 90′s, when the ICO agreement fell apart. The year has started with price fireworks as leading multinationals Volcafe and Ecom came out with widely different Brazil … Continue reading

Posted in Brazil, Market Comments | Comments Off