Coffee Harvest in Vietnam Seen Expanding to Almost Match Record

Coffee growers in Vietnam, the biggest producer of robusta beans used by Nestle SA, are set to reap an almost record harvest, providing some relief to a global shortage that’s driven prices to the highest since May.
Output will probably reach 1.69 million metric tons in the year started Oct. 1, a...

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ICE arabica coffee drops in late-session selloff

* Failure to match 2-1/2 year highs prompts profit-taking
* Coffee traders keeping close watch on Brazil weather
* Lower Q3 cocoa grinds expected (Updates with closing prices, adds market comments, adds byline, NEW YORK dateline)
By Luc Cohen and Nigel Hunt
NEW YORK/LONDON, Oct 7 (Reuters)...

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Tanzania arabica coffee prices rise on export demand

DAR ES SALAAM (Reuters) – Tanzania’s arabica coffee prices rose at auction last week on the back of higher New York markets, the regulator Tanzania Coffee Board (TCB) said on Tuesday.
    Tanzania, Africa’s fourth-largest coffee producer after Ethiopia, Uganda and Ivory Coast, p...

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Coffee Futures Soar to 32-Month High, Signal Retail Jump

Coffee futures surged to a 32-month high as persistent drought curbs harvest prospects in Brazil, increasing the odds for higher retail prices.
Dry weather was forecast for the next 10 days after no “meaningful” rain fell over the weekend in Brazil’s main growing regions, Drew Lerner, the presi...

Read more: Coffee Futures Soar to 32-Month High, Signal Retail Jump

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

India: Coffee exports dip 1.7% in 2013-14 crop year

Coffee exports declined by 1.7% to 294,011 tonnes for the coffee crop year ended September 2014 compared to 298,951 tonnes in the previous year. The coffee crop year is between October and September and crop harvesting begins in November and goes up to March.
On a financial year basis, exports...

Read more: India: Coffee exports dip 1.7% in 2013-14 crop year

Coffee surges on dry Brazil weather forecasts

* Dry weather dims outlook for Brazil arabicas output
* Markets eye first round Brazil election result
* London Sugar Week starts
By David Brough
LONDON, Oct 6 (Reuters) – Arabica coffee futures on ICE rose more than 9 percent on Monday to the highest level in more than 2-1/2 years due to...

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Global coffee exports drop 1.22% in August: ICO

Global coffee exports fell by 1.22 per cent to 8.84 million bags in August due to sharp fall in shipments from countries like Indonesia and Colombia, according to the International Coffee Organisation.
Worldwide coffee shipments were 8.95 million bags in the same month of last year. One bag...

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Ivory Coast’s Farmers Plan Cocoa Investment as Prices Climb

Cocoa farmers will put more money into the crop in Ivory Coast, the world’s largest grower, after the government raised the guaranteed minimum price for the beans by 13 percent, according to three heads of cooperatives.
The government last week set the minimum price at 850 CFA francs ($1.63) a k...

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Coffee soars near two-year high on Brazil dryness

Arabica coffee futures soared to within 2 cents of a two-year high as forecasts for further dry weather in Brazilian growing areas exacerbated concerns over the country’s 2015 harvest.
Arabica coffee futures for December soared 6.7% to 213.75 a tonne in New York at one point, just below ...

Read more: Coffee soars near two-year high on Brazil dryness

Arabica-Coffee Futures Surge to More than 5-Month High; Cotton Falls

NEW YORK—Arabica-coffee prices surged on Thursday, as traders and investors continued to worry that dry weather in top grower and exporter Brazil would lead to fewer beans next year.
During the trading session, arabica futures soared 6.7% in price to its highest in more than five months, but the ...

Read more: Arabica-Coffee Futures Surge to More than 5-Month High; Cotton Falls

Tanzania arabica coffee prices edge up on strong demand

DAR ES SALAAM (Reuters) – The average price of arabica coffee in Tanzania rose at auction on strong demand, the coffee board said on Wednesday, but no robusta coffee was sold at the auction after growers rejected the low bids on offer.

    Ranked Africa’s fourth-largest coffee p...

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Ivory Coast posts record cocoa harvest, boosts farmer price

* Cocoa arrivals hit 1,740,842 tonnes in 2013/14
* Exports reach 1,651,651 tonnes
* Minimum farmer price raised to 850 CFA francs/kg
* Ghana under pressure to stamp out smuggling (Releads with arrivals figures, changes source to government spokesman, writes through)
By Ange Aboa and Joe...

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Cocoa prices surge on output fears over Ebola outbreak

Cocoa soared to 3.5-year highs this week on fears the Ebola outbreak could reach Ghana and Ivory Cost, the two biggest producers of the commodity used to make chocolate.
Brent oil prices however tumbled to two-year lows on worries over ample supplies and weak demand, and on the back of the...

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Kenya coffee prices fall at latest sale

NAIROBI (Reuters) – The maximum price of Kenya’s top grade AA coffee fell at this week’s auction to $300 per bag from $323 at last week’s sale, the Nairobi Coffee Exchange said on Tuesday.

The east African nation is a fairly small producer by global standards, but its...

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Tanzania arabica coffee prices rise, robusta down

DAR ES SALAAM (Reuters) – Average arabica coffee prices in Tanzania, Africa’s fourth-largest producer, edged higher at auction after prices rose in the New York coffee market, the country’s coffee board said on Tuesday.
Prices of the robusta variety of beans fell at the same...

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Cameroon cocoa exports rise to 6,666 T in August

ABIDJAN, Sept 23 (Reuters) – Cameroon exported 6,666 tonnes of cocoa beans in August, the first month of the 2014/15 season, up from 6,252 tonnes in the same period the previous season, according to National Cocoa and Coffee Board (NCCB) data.
The amount is also greater than the 5,472...

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Colombian coffee output "poised for 20-year high"

Prospects for supplies of arabica coffee received a boost with an estimate that Colombian production could extend its revival to a 20-year high – but concerns over Vietnam fuelled worries over robusta stocks.
The Colombian Coffee Federation estimated at potentially 13m bags next year’s co...

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Kenya: Coffee Buying Portal to Cut Out Middlemen

By Lilian Mutegi
Coffee roasters from European markets will start buying beans directly from Kenyan producers through a new Web portal, cutting out the middlemen. The system on pilot at the Othaya Coffee Cooperative Society in Nyeri County will eliminate middlemen such as marketers and dealers,...

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Uganda coffee exports fall in August

KAMPALA (Reuters) – Uganda exported 268,033 60-kg bags of coffee in August, down from 318,338 bags shipped in the same month a year ago, an industry regulator said on Monday, extending a pattern of lower exports this year.
The Uganda Coffee Development Authority did not give a reason for...

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