Reuters reported that a number of commodity traders are suing coffee farmers in Brazil that have failed to deliver agreed orders. The price of Arabica has increased to record heights over the past few months, and this has tempted some coffee farmers to default on their contracts with the traders and sell to new buyers […]
TRADERS SUE BRAZILIAN FARMERS OVER BROKEN CONTRACTS Read More »
Brazilian exports of green coffee fell by 29% in September, according to Reuters, compared with the same month a year earlier, to 2.74 million 60-kg bags, exporters association Cecafe reported last week. On the year to date, overall exports are down 4.1% According to the Council of Coffee Exporters of Brazil (Cecafé), billing increased by
BRAZIL EXPORTS FALL BY ALMOST A THIRD Read More »
Brazil is increasing the production of robusta beans as their hardiness over the higher quality Arabica beans becomes more important. Robusta’s advantages, including heat tolerance and its ability to grow at lower altitudes, means less risk for farmers who have seen their livelihoods disrupted or even destroyed by weather events outside of their control. The
ROBUSTA GROWS ON BRAZIL AS OUTPUT INCREASES IN CHALLENGE TO VIETNAM Read More »
Starbucks Coffee Company opened its first Farmer Support Center in Brazil, making it the tenth globally. These Farmer Support Centers worldwide not only strengthen the company’s presence in key coffee-producing regions but also improve the livelihoods of the locals by addressing challenges of the region as well as providing necessary training. Through worldwide Farmer Support
STARBUCKS OPENS FARMER SUPPORT CENTRE IN BRAZIL Read More »
On June 17th, the 30th Ernesto Illy Quality Award for Brazilian Espresso Coffee winners were announced. This annual award gives recognition to the best coffee growers in Brazil, where most of illycaffè’s beans are from for their distinct blend. Chairman of illycaffè, Andrea Illy, emphasised the significance of this award that signified a crucial milestone
ERNESTO ILLY BRAZILIAN COFFEE AWARD WINNERS ANNOUNCED Read More »
Arabica coffee futures listed on ICE moved downward on Tuesday following forecasted rain in Brazil. The prices for September’s arabica prices dropped $US 0.7, or about 0.45%, to $1.555 per lb. According to some market traders, the outlook for Brazil’s harvest next year was looking positive after the prolonged dry spell appeared to be coming
ARABICA PRICES SOFTEN ON BRAZIL FORECAST Read More »
Some of Brazil’s coffee farmers want to renegotiate sales contracts that were agreed on months earlier in order to take advantage of the sudden surge in pricing. The situation is bad enough to cause traders to fear farmers will renege on the contracts, and resell the coffee elsewhere under more favourable terms. The bad harvest
BRAZIL FARMERS RENEGOTIATE PRE-SOLD CONTRACTS FOR MORE CASH Read More »
Brazil’s lack of rainfall this season is so bad some farmers are worried the reserves they keep for the dry season will be exhausted before it even starts. Other farmers are left with the choice of watering their coffee trees or having water for their home. Searching and digging for wells has become a common
BRAZILS WATER SHORTAGE IMPACTS COFFEE PRODUCTION Read More »
Brazil, the worlds largest coffee exporter saw 3.06 million bags exported in March. This is 2.7 per cent lower compared to the same month last year
BRAZIL COFFEE EXPORTS DROP 2.7% IN MARCH Read More »
Brazilian Arabica swamps ICE Futures exchange warehouses. This could weigh on prices and force small farmers out of the market for good.
BRAZILIAN ARABICA FLOODS ICE FUTURE EXCHANGE Read More »
