South America
Brazilian coffee sees USD $20 milllion in sales at SCA Expo
Brazil, the Coffee Nation with 29 producers showcasing their finest samples of specialty coffee has secured US$ 20 million in sales at Specialty Coffee Expo in Portland, Oregon.
Cimbria expands its green coffee activity in South America
Cimbria is expanding its activities in South America, which is expected to be one of its most promising markets.
Equator Coffees announces new seasonal blend and opening of LA café
Equator Coffees is celebrating Earth Month and the beginnings of spring with new product launches and café.
As consumption continues to rise, the ICO expects another year of supply deficit
With global green bean exports falling 20.23% to 7.94 million bags in February, the ICO sees another year of supply deficit, with a shortfall of 7.3 million bags for CY 2022/23.
National Coffee Growers Committee shortlists three candidates for FNC CEO
After extensive debate, the National Committee of Coffee Growers have selected the final shortlist of three candidates for the position of CEO of the Colombian Coffee Growers Federation (FNC).
ICO reports reduced exports for current coffee year drove up prices in February
Reduced exports for current coffee year drive the ICO’s I-CIP up 11.4% in February 2023.
USAID partners with ofi to yield greater opportunities for coffee farmers
Smallholder coffee farmers in the Junín region of Peru will benefit from a US$8.1 million fund to raise productivity and livelihoods.
Coffee prices stabilised in January, with a slight decrease
Amid fluctuations and a slight price drop, the I-CIP picked up in January.
Coffee prices end 2022 on a stable note
The ICO reported that coffee prices close 2022 securely, coalescing at around 160 US cents/lb.
Despite a 12.3% setback in November, coffee prices stabilised
Although all average prices for all coffee groups fell in November, the I-CIP remained firm posting a median value of 156.83 US cents/lb.
Coffee prices slip but prices exceed 2021 calendar year average
The ICO reports that average prices for all coffee group indicators decreased in October 2022.
Arabica prices slip while Robustas record an uptick in final month of CY 2021/2022
ICO’s I-CIP remains range bound since March 2022, averaging 197.13 US cents/lb for the seven months ending in September.
Coffee market lay of the land
Ryan Delany, co-founder of and chief analyst at the Coffee Trading Academy, assesses the recent coffee year (21/22) as it comes to a close (30 September) and offers an outlook on the coming CY (22/23, beginning 1 October).
Robustas made the biggest gains in August, up 9.2%
The ICO reports that low Arabica certified stocks and high volatility add pressure on the I-CIP, closing August at 208.37 US cents/lb.