Search Results for: brazil

BRAZILIAN COFFEE SELLERS NOT OPTIMISTIC ABOUT LARGER HARVEST NEXT YEAR

Brazilian coffee sellers are downbeat on the prospects for the supply of beans, in contradiction to market expectations that the country will have a bigger crop next year. Cooxupé, Brazil’s largest Arabica coffee cooperative, expects next year’s harvest to be as weak as this year’s, President Carlos Augusto Rodrigues de Melo said in an interview, […]

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BRAZILIAN FARMERS DEFAULTING ON CONTRACTS FOR SECOND YEAR IN A ROW

The black frost experienced by Brazil in July 2021 has thrown the coffee industry into a period of uncertainty. Prices have risen significantly since then, leading some farmers to default on their future contracts and seek buyers willing to pay higher prices. In 2021, several major trading houses had trouble getting the coffee they had

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THE STATE OF BRAZIL’S WEATHER-DAMAGED COFFEE TREES

Brazil’s latest plight, the reduction of the coffee harvest, is the result of earlier difficult weather conditions such as drought and frost. The coffee trees are finally showing the impact of the bad weather. These effects could continue for a while, threatening Brazilian coffee producers in addition to uncertain weather patterns. Major extremes between temperature

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ILLYCAFFÈ OPENS SECOND UNIVERSITÀ DEL CAFFÈ BRANCH IN BRAZIL

Illycaffè opens the second branch of the Università del Caffè in São Paulo, Brazil, an information hub aimed at promoting and spreading the culture of high-quality coffee worldwide. The hub will offer hospitality courses to educate coffee producers and consumers. Customers, baristas and other hospitality industry professionals can choose the courses that best suit their preferences.

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BRAZILIAN COFFEE CROP EXPECTED TO BE LOWER IN 2022/23

On Thursday, Brazil’s 2022/23 coffee harvest was estimated at 58.2 million 60 kg bags, 2.9 million bags less than originally expected. The reason for the lower harvest is poor weather conditions in the main growing areas. According to Brazilian agricultural consultant Safras & Mercados, this downward trend applies to the Arabica variety, which trades at

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cacafe june 2022 report

BRAZIL COFFEE EXPORT REPORT SUMMARY – JUNE 2022

KEY POINTS Brazil exports 39.6 million coffee bags in the 2021/22 harvest and registers record revenues of USD 8.1 billion The result represents a 13.3% drop in volume but a 38.7% increase in dollar amount when compared to 2020/21 According to the council’s president, Günter Häusler, in view of the reduced harvest due to the

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BRAZIL CONTINUES TO SUFFER FROM REDUCED COFFEE CROP

Bloomberg reported Wednesday that Brazil, the world’s top Arabica exporter, is accumulating huge losses due to the consistently unusual weather, resulting in lower yields that threaten to prolong a global supply crunch. Drought and cold disrupted flowering last season, and severe frosts in July 2021 forced farmers to cut down coffee trees at a time

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NESTLÉ’S NEWEST COFFEE PLANT IN MEXICO BOOSTS BRAZIL’S ROBUSTA

The Switzerland-based multinational food and beverage company Nestlé has recently opened a coffee processing plant in Veracruz, Mexico, which purportedly cost the company $340m. The Nescafé coffee factory will create 1,200 jobs and enable the company to process about 670,000 bags each year. This establishes Mexico as the company’s prominent global coffee processor, with the

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