Coffee Market

Ethiopia Coffee Farm

ETHIOPIA’S COFFEE EXPORT LAWS DRIVE LOCAL SALES UNDERGROUND

Coffee is Ethiopia’s most important export, delivering hard currency the country needs for its reserves to purchase foreign goods. According to the Observatory for Economic Complexity OEC, Ethiopia, coffee exports accounted for 24.6% of the country’s total exports in 2020. The country is the largest exporter of coffee in Africa by value and is known …

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Ice Futures

CHALLENGING MARKET FORCES ICE TO SHIP ARABICA TO U.S. 

Coffee trade sources told Reuters that commodity traders are shipping arabica beans from Europe-based ICE futures exchange warehouses to the USA. Unpredictable weather patterns, driving uncertainty in the markets, prompted this change when it caused a predicted shortfall to the market of 8.45m bags.  Shipping arabica coffee from one major consuming region to another is …

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Kenya Farming

‘NAIROBI DECLARATION’ COMMITMENT FROM AFRICAN UNION TO THE COFFEE INDUSTRY

The agriculture ministers from 25 African coffee-producing countries met in Nairobi, Kenya, to sign a declaration, referred to as the ‘Nairobi Declaration’, to include coffee on the list of strategic commodities under the Africa Union. The purpose of the statement is to raise the profile of coffee as a strategic commodity and to ensure that …

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Container Shipping

KENYA COFFEE TRADERS WOO CHINA AS OUTPUT DROPS

Kenyan traders intend to increase exports to China to boost revenue. James Odongo, CEO of the Kenya National Chamber of Commerce and Industry (KNCCI) for Nairobi County, told journalists that vegetables, tea and coffee are some of the key Kenyan products that could be supported for further export in the face of growing international orders. …

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Uganda Coffee

UGANDA’S COFFEE SCANDAL SIGNALS ROTTEN ELEMENTS IN GOVERNMENT

A scandal in the Ugandan coffee sector reached boiling point when earlier this year a contract referred to as The Coffee Agreement was thankfully prevented by a group of honest politicians who saw through the scheme designed to enrich a few at the expense of the industry. The contract in question was between the Uganda …

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Confused Direction

MAY ANALYSIS OF FACTORS CONTRIBUTING TO TRENDING COFFEE PRICES

According to weather reports from Brazil’s main coffee-growing region, Minas Gerais had received only 11.5 mm of rain in the past week, about half of what is typical for this time of year. About 30% of Brazil’s Arabica coffee comes from the Minas Gerais region. Some cooperatives are monitoring the market to determine the likely …

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Tanzania Coffee Farm

TANZANIA COFFEE EXPORTS/VALUE SLUMPS IN APRIL

According to a report by the country’s central bank, Tanzania’s coffee export revenue was down 27% in April and production overall was lower by 19%. Tanzania, which produces arabica and robusta coffee, is Africa’s fourth-largest coffee producer after Ethiopia, Uganda and Ivory Coast. This June, the government announced plans to increase its coffee production to …

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Uganda Coffee Farm

UGANDA EXPORTS DECLINE 24 PERCENT AFTER BAD HARVEST

Uganda’s coffee exports declined 24% year-on-year in April the state-run sector regulator Uganda Coffee Development Authority (UCDA) reported last week. The organisation  blamed the weather, as a drought in some parts of the country cut yields,  The east African country shipped a total of 407,762 60-kilogram bags, down 24% compared with the same month last …

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Ghana Coffee Plant

GHANA EYES 300 PER CENT BOOST TO COFFEE IN CHALLENGE TO KENYA

Ghana sets its sights on increasing coffee production by more than 300 per cent to boost exports. Every year, the West African country produces approximately 10,000 tonnes of coffee for the domestic market. The Ghanaian governmental organisation Ghana Cocoa Board (COCOBOD), which is responsible for the oversight of the country’s Cocoa production, also regulates coffee. …

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