|
11.12.24 - 14:02
|
JDE Peet′s to raise coffee prices in Brazil by 30% from Jan, traders say (Reuters EN)
|
|
UPDATE 1-JDE Peet's to raise coffee prices in Brazil by 30% from Jan, traders say By Maytaal Angel LONDON, Dec 11 (Reuters) - JDE Peet's JDEP.AS , one of the world's largest coffee companies, will raise coffee product prices in Brazil by an average of 30% next year after a near doubling in prices this year on international commodity markets, two traders told Reuters citing documents sent to its clients....
|
|
11.12.24 - 02:48
|
Bean Mania: Arabica Coffee Hits New High, Cocoa Jumps To 7-Month High (ZeroHedge)
|
|
Bean Mania: Arabica Coffee Hits New High, Cocoa Jumps To 7-Month High
Cash-strapped US consumers should be deeply concerned about rising food inflation. It's 'stickier' than ever as coffee and cocoa prices surge.
Arabica coffee futures in New York hit a record high on Tuesday, driven by ongoing fears of a global supply crunch. Prices surged nearly 5% during the session, reaching their highest level in data dating back to 1972. At that time, coffee prices soared due to the disastrous Black Frost, which devastated Brazilian yields.
"Concerns over Brazil's 2025-26 arabica crop grew this week," said Steve Pollard, an analyst at Marex Group, as quoted by Bloomberg.
Pollard added, "Recent crop tours point to production in the mid-30 million bags," which would result in yet another supply shortfall.
Major agricultural trader Volcafe Ltd. recently slashed Brazil's arabica production outlook due to severe drought conditions. The trader projected that South America would produc...
|
|
10.12.24 - 21:39
|
Arabica coffee hits record high as traders fret over Brazil crop outlook (Reuters EN)
|
|
UPDATE 1-Arabica coffee hits record high as traders fret over Brazil crop outlook Includes comments on Vietnam coffee, updates prices By Maytaal Angel LONDON, Dec 10 (Reuters) - Arabica coffee prices rose to the highest on record on Tuesday as dealers fretted over Brazil's crop outlook after one of the world's largest traders slashed its 2025/26 forecast for the country's arabica output....
|
|
10.12.24 - 19:42
|
Coffee drinkers face price rises as costs on global markets hit record high (The Guardian)
|
|
Price for arabica beans tops $3.44 a pound, while cost of robusta beans almost doubles this yearYour morning caffeine hit could become even pricier in the new year after the cost of coffee beans on international commodity markets soared to a record high.On Tuesday the price for arabica beans, the world's most popular variety, topped $3.44 (£2.70) a pound, having risen more than 80% this year. Meanwhile, the cost of cheaper robusta beans, used in instant coffee, has almost doubled this year, with the price touching $5,694 a metric tonne in late November. Continue reading......
|
|
|
|
10.12.24 - 14:08
|
TRS by Expana sees total 2025/26 brazil coffee crop at just under 70 mln bags (Reuters EN)
|
|
TRS by Expana sees total 2025/26 brazil coffee crop at just under 70 mln bags LONDON, Dec 10 (Reuters) - TRS by Expana, a leading price reporting agency and research firm, sees the 2025/26 Brazil coffee crop up slightly on an annual basis at just under 70 million bags thanks to a strong robusta crop. The firm has meanwhile cut its 2025/26 Brazil arabica crop forecast by 2 million bags to 43 million, given suboptimal weather earlier this year, according to its head of research Steve Wateridge....
|
|
|
10.12.24 - 10:02
|
Ugandan shilling stable; coffee and gold FX inflows offer support (Reuters EN)
|
|
Ugandan shilling stable; coffee and gold FX inflows offer support KAMPALA, Dec 10 (Reuters) - The Ugandan shilling UGX= was stable on Tuesday, with some inflows of dollars from exporters of commodities like coffee, tea and gold meeting importer demand, traders said. At 0801 GMT, commercial banks quoted the shilling at 3,655/3,665, the same level as Monday's closing rate....
|
|
|
09.12.24 - 21:09
|
Brazil coffee exports rise nearly 3% in November (Reuters EN)
|
|
Brazil coffee exports rise nearly 3% in November SAO PAULO, Dec 9 (Reuters) - Brazil exported 4.29 million 60-kg bags of green coffee in November, industry group Cecafe said on Monday, up 2.7% from a year earlier. Exports of arabica coffee increased some 9% year-on-year last month to 3.6 million bags, while shipments of robusta - a variety commonly used to make instant coffee and blends - declined nearly 21% to some 714,000 bags....
|
|
09.12.24 - 21:09
|
Brazil breaks annual coffee export record after November bump (Reuters EN)
|
|
UPDATE 1-Brazil breaks annual coffee export record after November bump Recasts with annual data SAO PAULO, Dec 9 (Reuters) - Brazil, the world's largest coffee producer, broke its annual record of green coffee exports in November, even with December's exports still underway, local industry group Cecafe said on Monday. In the year through November, Brazil exported 42.7 million 60-kg bags of green coffee, already surpassing the previous annual record from 2020, when the country shipped 40.6 millio...
|
|
08.12.24 - 15:21
|
Lowers Mortality Risk: 11 Key Health Benefits From Drinking Coffee The Right Way (ZeroHedge)
|
|
Lowers Mortality Risk: 11 Key Health Benefits From Drinking Coffee The Right Way
Coffee, one of the world's most beloved beverages, offers more than just a comforting warmth and an energizing caffeine kick.
Increasingly, scientific research has begun to uncover the health benefits associated with coffee consumption, particularly due to its rich content of polyphenols like chlorogenic acid (CGA), which reduce inflammation and help prevent cardiovascular diseases and cancer.
As The Epoch Times' Amber Young reports, Dr. Chang Chin-Chien, a renowned Taiwanese breast cancer specialist and author of “A Cup of Coffee Fights All Diseases,” outlined the health benefits of coffee and shared the best ways to drink it.
Coffee improves or fights the following 11 conditions.
1. Type 2 Diabetes
Research has found a strong correlation between habitual coffee consumption and a lower risk of Type 2 diabetes. Researchers explain that regularly drinking coffee can help protect liver and beta-cell function d...
|
|
08.12.24 - 08:07
|
Preise schießen hoch: Wird Kaffee zum Luxusgut? (Tagesschau)
|
|
Klimawandel, Transportkosten, Spekulanten - der Kaffeepreis ist in die Höhe geschossen. Röstereien halten die Lage für "dramatisch". Kaffeetrinker müssen tiefer in die Tasche greifen, selbst bei billigem Industriekaffee. Von F. Siegel...
|
|
06.12.24 - 22:25
|
Cocoa scales new 5-1/2 month peak, coffee jumps 5% (Reuters EN)
|
|
SOFTS-Cocoa scales new 5-1/2 month peak, coffee jumps 5% Adds comments on coffee, cocoa; updates prices to settlement NEW YORK, Dec 6 (Reuters) - Cocoa prices hit fresh 5-1/2 month peaks on Friday as stocks remain extremely tight and the market is again concerned over this supply prospects, while coffee prices gained 5%. COCOA * London cocoa futures on ICE LCCc2 settled 36 pounds, or 0.5%, higher at 7,890 pounds per metric ton, after scaling their highest since mid-June at 8,075. * Dealers...
|
|
06.12.24 - 14:44
|
Cocoa scales new 5-1/2 month peak, coffee rallies (Reuters EN)
|
|
SOFTS-Cocoa scales new 5-1/2 month peak, coffee rallies London, Dec 6 (Reuters) - Cocoa prices hit fresh 5-1/2 month peaks on Friday as stocks remain extremely tight and the market is again concerned over this season's supply prospects, while coffee prices rallied. COCOA * London cocoa futures on ICE LCCc2 rose 1.1% to 7,938 pounds per metric ton at 1327 GMT, after scaling their highest since mid-June at 8,075. * Dealers cited an investment fund report predicting the global cocoa market will rec...
|
|
|
06.12.24 - 04:09
|
Vietnam Jan-Nov coffee exports down 14.3% y/y at 1.2 mln T- stats office (Reuters EN)
|
|
Vietnam Jan-Nov coffee exports down 14.3% y/y at 1.2 mln T- stats office HANOI, Dec 6 (Reuters) - Vietnam exported 1.2 million metric tons of coffee in the Jan-Nov period of this year, down 14.3% from the same period in 2023, government data released on Friday showed. Coffee export revenue in the same period rose 35.4% to $4.9 billion, the General Statistics Office said in a report....
|
|
06.12.24 - 03:20
|
NOV COFFEE EXPORTS DOWN 14.3% Y/Y AT 1.2 MLN T- STATS OFFICE (Reuters EN)
|
|
Vietnam Jan-Nov coffee exports down 14.3% y/y at 1.2 mln T- stats office HANOI, Dec 6 (Reuters) - Vietnam exported 1.2 million metric tons of coffee in the Jan-Nov period of this year, down 14.3% from the same period in 2023, government data released on Friday showed. Coffee export revenue in the same period rose 35.4% to $4.9 billion, the General Statistics Office said in a report....
|
|
05.12.24 - 22:16
|
New York cocoa hits 5-1/2 month high, coffee rises sharply (Reuters EN)
|
|
SOFTS-New York cocoa hits 5-1/2 month high, coffee rises sharply Adds comments and closing prices NEW YORK, Dec 5 (Reuters) - New York cocoa hit its highest in 5-1/2 months on Thursday, just shy of $10,000 per metric ton, with industry taking any price dip as a buying opportunity as the market remains doubtful there will be enough of a supply recovery this year....
|
|