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.…
India’s National Commodity and Derivatives Exchange (NCDEX) will launch limited futures contracts for Robusta coffee, according to a report by financial news source Reuters. India, which is the world’s sixth largest producer of coffee, will…
Uganda’s coffee exports for the financial year 2020-2021 were 6.08 million coffee bags, making it the highest total recorded in 30 years. The exports, worth $559 million, received a boost in June, which was also…
The United States Department of Agriculture (USDA) has published the newest report titled Coffee: World Markets and Trade. The report includes a forecast overview of the 2020/2021 coffee trade.
According to the government statistics agency, Kenya earned more from coffee crops in 2021, despite the exported quantity declining due to high coffee prices on the global market. The world’s fifth-largest coffee producing country, earned…
Events in Brazilian coffee shape the rest of the market. So as the country reported a positive outlook for the 2022/2023 harvest, the news sent the price of coffee futures on ICE tumbling. Futures are…
