Monthly Archives: July 2016

USDA: Stocks/Use Ratio the second lowest in more than 50 years.

World coffee supplies will end 2016-17 at among their tightest on record, as weak robusta bean output, sapped by the weakest Brazilian harvest in seven years, erodes the boost from a record arabica crop. The US Department of Agriculture, in … Continue reading

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Rabo Bank, any frost damage was marginal

The frost scare in Brazil, which fuelled a rise in arabica coffee prices to a one-year high, was overdone, Rabobank said. “We believe that if there was any frost damage at all, it is confined to some regions of Sao … Continue reading

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USDA estimate for Brazilian robusta coffee crop higher than CONAB

US officials were overoptimistic even in pegging the Brazilian robusta coffee crop at a seven-year low, industry officials believe, as the dent to supplies helped local prices return above R$400 a bag. The USDA two weeks ago, in a much-watched … Continue reading

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Reuters: 64% of Brazil’s Crop Harvested Already

Brazil’s 2016-17 coffee crop 64 percent harvested Brazil’s 2016-2017 coffee crop is 64 pct harvested as of July 19, up from 62 pct a year ago but slightly lagging the average harvest rate of 65 pct at this period, local … Continue reading

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Vietnamese Farmers Have Sold Much More of their crop

The lengthening coffee price rally is likely to have prompted growers in Vietnam, the biggest producer of robusta beans, to sell the largest portion of their crop in four years. Vietnamese farmers sold 86 per cent of the crop produced … Continue reading

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With Dry Weather in Espiritu Santo, the perspective for the conillon crop is getting worse

Brazilian robusta production forecasts are being cutted, due  to continued dry weather in Espirito Santo, Brazil’s top robusta growing state. Trading  company  Terra Forte announced that the ”situation remains as bad as it could be in Espirito Santo, reinforcing our view that … Continue reading

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Expensive price of a coffee cup? Not really, check the inflation adjusted price!

In 2012, more than 75 percent of Americans reported that they prefer coffee over tea, along with millions of others around the world. While some regions of the globe favor tea as their stimulant of choice — like Russia, China … Continue reading

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India 16/17 crop expected 8% lower due to weather

KOCHI: India  coffee production is likely to decline by eight per cent in the current fiscal mainly due to lack of timely rains, the government said on Monday. “It has been estimated that there is a likelihood of decline in … Continue reading

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Market Commentary July 26

Prices were lower on what appeared to be long liquidation tied to reports of better weather in Brazil. The weather in Brazil turned warmer again and harvest conditions have improved. Trends have turned down on the daily charts.  Trends in … Continue reading

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Vietnam Prices

Vietnam’s coffee prices hit 12-month high Jul 19,2016 HANOI, July 19 (Xinhua) — The coffee price in Vietnam’s Central Highlands Dak Lak province at one time reached 38.9 million Vietnamese dong (1,729 U.S. dollars) per ton during the week, the … Continue reading

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