Categoria: Geral
Coffee Falls in Robusta Rout While Starbucks Cup Costs $1.50: Commodities
Coffee Falls in Robusta Rout While Starbucks Cup Costs $1.50: Commodities BLOOMBERG (USA) Farmers from Vietnam to Brazil will supply a record robusta crop in the marketing year that begins next month, extending a slump in coffee futures that spurred Kraft Foods Inc. (KFT) and J.M. Smucker Co. to cut prices. Production will rise […]
Brazil May Have a Record Coffee Crop Next Season, Somar Says
Jly -27The coffee crop in Brazil, the world’s largest producer of the commodity, may reach a record next season on favorable climate conditions, according to weather forecaster SomarMeteorologia.“The possibility of a record harvest next year is very big,” agronomist Marco Antonio dos Santos said in a report e- mailed yesterday. “Rains this year should return […]
Ugandan Coffee Development Authority’s Robusta Prices
-Ugandan Coffee Development Authority’s Robusta PricesThe Uganda Coffee Development Authority today gave indicative prices for robusta exports, which make up 85 percent of the country’s bean shipments.Uganda is Africa’s second-largest coffee producer, after Ethiopia, and the continent’s biggest robusta grower.Nearby refers to deliveries to be made within 45 days and prices are in U.S. cents […]
Coffee at $3 a Pound Is Needed to Boost Production, Broker Says
Coffee at $3 a Pound Is Needed to Boost Production, Broker Says BLOOMBERG (USA) New York coffee prices need to rise to $3 a pound to encourage farmers in Brazil, the world’s largest grower, to boost production enough to meet demand from domestic roasters and exporters, according to Santos, Brazil- based broker Escritorio Carvalhaes. […]
Coffee Rises to 14-Year High on Rainfall in Colombia; Cocoa Prices Slide
Coffee climbed to the highest price in New York in almost 14 years as rains may hurt crops in Colombia, the world’s second-largest producer of arabica beans. Sugar advanced. Colombia’s Agriculture Ministry said a lack of sunshine will hurt the nation’s coffee crops over the next few months. Coffee plantations are being damaged by landslides […]
A Coffee ReportThe Global View By Rodrigo Costa
Differentials converged! The news of Osama bin Laden been killed by the US in Pakistan initially provoked a wave of selling for commodities (especially precious metals and energy) and a spike for equities, but then with the risks of a revenge either by Al Qaeda or terrorists groups linked to them took the markets back […]
Comentário Semanal / Week Comentary
The Arabica coffee maturity May/11 ended with 1.315 points higher on the week working in the range of 1.880 points, making the minimum at 269,85 and maximum at 288.65, closingquoted at 288.10 on Friday, with 570 points positive. Marked by a further session of extreme volatility, the coffee price began this week in a downward […]
Brazil’s Robusta Harvest May Be Delayed on Rains, Broker Says
The robusta coffee harvest in Brazil, the world’s second-largest producer of the variety, may only begin next month after rainfall in March, according to Rio de Janeiro-based brokerFlavour Coffee.“The heavy rains during March and yet cloudy days may delay the start of the harvesting for May,” the broker said in a weekly report e-mailed yesterday.Harvesting […]
Brazil’s Robusta Coffee Exports Quadrupled in March, Cecafe Says
By Isis Almeida – Apr 8, 2011 1:12 PM GMT-0300 Robusta coffee exports from Brazil, the world’s second-largest producer of the variety after Vietnam, quadrupled in March to 183,421 bags, figures from the country’s Coffee Exporters Council, known as Cecafe, showed. Shipments of arabica beans fell 6.9 percent to about 2.2 million bags, according to […]
Coffee Supply May Climb in Three Years, Starbucks Executive Says
Coffee planting is expanding, allowing for “quite a bit” more supplies of beans in three years, according to Darcy Willson- Rymer, managing director of Starbucks Corp. for the U.K. andIreland. Willson- Rymer spoke at a conference in London today.The difference between the price of coffee and the cost of production is at the highest in […]
Week Comentary – The Arabica coffee maturity May/11 ended with 760 points lower on the week
The Arabica coffee maturity May/11 ended with 760 points lower on the week working in the range of 2.060 points, making the minimum at 260,55 and maximum at 281.15, closingquoted at 268.60 on Friday, with 280 points positive. After work primarily in an uptrend in the previous week, the coffee price this week performed on […]
Starbucks says raising bagged coffee prices
NEW ORLEANS (Reuters) – Starbucks Coffee Co (said on Friday it would raise the price of its packaged coffee by an average of 12 percent after its Chief Executive Howard Schultz once again blamed speculators for pushing coffee prices higher.“I think it’s artificial. I think financial speculation has really stepped into the market,” Schultz said, […]
Brazil’s Coffee Output May Fall on Weather, Fungus, Licht Says
Coffee output in Brazil, the world’s largest producer, may decline because dry weather in February hurt bean development and fungus has spread in some producing areas, according to German researcher F.O.Licht.“The dry February deprived beans of sufficient moisture to swell out fully, keeping them from reaching the desired size, which would effectively mean a reduction […]
Guatemala, coffee producers reported that the local cash market is almost paralyzed
In related news, in Guatemala, coffee producers reported that the local cash market is almost paralyzed as exporters have stopped purchases due to the lack of liquidity. In Colombia, asimilar situation has slowed down the business, it was reported by Reuters.Colombia: exports as of feb were 1.5 mi bags; 33% above same period last year. […]
Week Comentary – The Arabica coffee maturity May/11 ended with 160 points higher
The Arabica coffee maturity May/11 ended with 160 points higher on the week working in the range of 2.445 points, making the minimum at 272,20 and maximum at 296.65, closingquoted at 274.40 on Friday, with 615 points negative. In week marked by the April option expires, the coffee price has worked with extreme volatility. Starting […]