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Topic

Coffee growers

Mexico coffee leader touts state control of prices to help farmers

Mexico coffee leader touts state control of prices to help farmers

Published 12 Apr, 2021 08:54pm
  • Price controls for coffee were mostly abandoned years ago due to the difficulty of reaching global agreements on supply, exposing farmers to sharp price crashes. In 2019, the world's third-largest producer, Colombia, introduced subsidies for coffee growers and, along with Brazil, called for supply caps.
  • Lopez Obrador has authorized price floors for other agricultural commodities, including Mexico's staple corn, but has to yet to carry through on most of his coffee campaign promises.
Colombia’s coffee production up

Colombia’s coffee production up

Published 09 Apr, 2021 04:51am
BOGOTA: Colombia produced 1.05 million 60-kg bags of washed arabica coffee in March, the national coffee federation...
Vietnam Q1 coffee exports seen down

Vietnam Q1 coffee exports seen down

Published 30 Mar, 2021 05:45am
HANOI: Vietnam’s coffee exports in the first three months of the year are estimated to have fallen 17% from a year...
Raw sugar futures, coffee rise

Raw sugar futures, coffee rise

Published 28 Mar, 2021 04:14am
LONDON: Raw sugar futures on ICE were higher on Friday, buoyed by a broad-based rebound in financial markets, while...
Raw sugar prices fall as Brazilian currency weakens

Raw sugar prices fall as Brazilian currency weakens

Published 22 Mar, 2021 08:30pm
  • A weaker real encourages Brazilian exporters to sell dollar-priced commodities such as sugar and coffee because it raises their returns in local currency terms.
  • Dealers noted buying emerged around the day's low of 15.55 cents a lb, a level where it also found support on Friday and in early February.
Arabica coffee prices weaken

Arabica coffee prices weaken

Published 18 Mar, 2021 03:56am
LONDON: Arabica coffee futures on ICE fell on Wednesday, weighed partly by a further weakening in the currency of ...
Raw sugar falls, but losses limited by tight supplies

Raw sugar falls, but losses limited by tight supplies

Published 12 Mar, 2021 05:43pm
  • May raw sugar was down 0.9% to 16.21 cents per lb .
  • May arabica coffee fell 0.7% to $1.3145 per lb, having gained 1.1% on Thursday.
  • May London cocoa was flat at 1,777 pounds per tonne.
Arabica coffee price rise, sugar and cocoa also up

Arabica coffee price rise, sugar and cocoa also up

Updated 11 Mar, 2021 10:03pm
  • May arabica coffee rose by 1.45 cents, or 1.1%, to $1.3230 per lb.
  • May raw sugar rose by 0.16 cents, or 1.0%, to 16.12 cents per lb.
  • May New York cocoa rose by $26, or 1.0%, to $2,599 a tonne.
Arabica coffee prices weaken as Brazil currency slides

Arabica coffee prices weaken as Brazil currency slides

Published 02 Mar, 2021 09:49pm
  • May arabica coffee was down 1.9 cents, or 1.4%, at $1.3390 per lb .
  • May London cocoa fell by 9 pounds, or 0.5%, to 1,787 pounds a tonne.
  • May raw sugar was unchanged at 16.22 cents per lb.
Arabica prices seen rising by end-2021 as deficit looms

Arabica prices seen rising by end-2021 as deficit looms

Published 02 Feb, 2021 05:19pm
  • Arabica prices will end 2021 at $1.35 per pound, up 7.7% from Monday's close (Feb.1) and 5.3% above levels seen at the end of 2020, based on the median forecast of survey participants.
  • Top producer Brazil enters an off-year in its biennial crop cycle in the upcoming 2021/22 season.
Coffee sales in Brazil at 78pc of 2020 crop, says consultancy

Coffee sales in Brazil at 78pc of 2020 crop, says consultancy

Published 14 Jan, 2021 09:18pm
  • Safras' coffee analyst Gil Barabach said, however, that sales have progressed slowly during the last month.
  • Even with fine coffee being traded above the good level of 600 reais ($113.67) per bag, producers are in the defensive.
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