More Expensive Cup of Coffee? Beans Soar to 2½-Year High

The sharply rising price for coffee beans means that morning cup of joe could soon get more expensive—again.
Arabica-coffee prices surged to the highest level in 2½ years Monday as dry weather in Brazil raised concerns about next year’s crop.
Coffee prices have nearly doubled this year, with thin...

Read more: More Expensive Cup of Coffee? Beans Soar to 2½-Year High

Brazil upgrades coffee crop - but robusta only

Conab underlined the divided fortunes of the country’s coffee growers – raising its estimate for robusta production, and noting the potential for further improvement, while cautioning over arabica prospects.
The official Brazilian crop bureau upgraded by 570,000 bags to 45.14m bags its e...

Read more: Brazil upgrades coffee crop - but robusta only

Organic Coffee Threatened by Global Warming-Stoked Fungus

Teodomiro Melendres Ojeda, an organic coffee grower in Cajamarca, Peru, stands at a crossroads. Neither path is attractive.
Leaf-rust fungus, known as roya in Spanish, has devastated about a third of his crop. Melendres, 48, can use chemicals to kill it, though he risks forfeiting his organic...

Read more: Organic Coffee Threatened by Global Warming-Stoked Fungus

Global coffee prices set to soar as supply declines

Coffee prices are set to rise further, as the crop year 2014-15 stares at asupply deficit in the global market. Prices, ruling at 190-200 cents per lb (pound), are poised to move up to 220-230 cents per lb by December.
“Drought in Brazil at the beginning of the crop year  will result in global su...

Read more: Global coffee prices set to soar as supply declines

Brazil"s Cooxupe Cuts Forecast for Its Coffee Output This Year

SÃO PAULO—Coffee production at Cooxupe, Brazil’s biggest coffee cooperative, will be about 30% less than it had initially forecast this year because of the country’s drought, the group’s president said.
Cooxupe will produce about 4.1 million 132-pound bags of coffee this year, P...

Read more: Brazil"s Cooxupe Cuts Forecast for Its Coffee Output This Year

India: Coffee output likely to jump over 13 per cent this year, says Coffee Board

KOCHI: The Coffee Board estimates India’s 2014-15 coffee production at 3,44,750 tonnes, an increase of 13% over the final estimate for last year. Based on the board’s post-blossom forecast, this year is expected to be better for robusta than last year when the crop had suffered due to...

Read more: India: Coffee output likely to jump over 13 per cent this year, says Coffee Board