Search Results for: coffee
Coffee: Prices fall in November; World coffee exports increased by 17% in October
December 11th, 2018
The monthly average of the ICO composite indicator decreased by 1.5% to 109.59 US cents/lb in November 2018 following the 13.3% increase to 111.21 US cents/lb last month, reflecting the fall in prices for all group indicators. The price ...
Coffee market ends 2017/18 in surplus; Coffee prices continued their downward trend
October 18th, 2018
The International Coffee Organization, the main intergovernmental organization for coffee that brings together exporting and importing Governments, has released a coffee market report. In accordance the report, world coffee production in coffee year 2017/18 is estimated 5.7% higher at ...
Will coffee futures recover in 2018?
January 11th, 2018
Coffee prices fared poorly last year, despite (depending on which analysis you follow) ideas of another world production deficit. The impact of the shortfall, evident in downbeat export data from Brazil and Vietnam, was muted by the extent to ...
Coffee futures dive
October 12th, 2017
Coffee futures fell, despite data showing an “unexpected” dip in Brazilian exports last month, as weather forecasters injected a little extra rain into the outlook for the South American country. Arabica coffee futures for December dropped 3.1% to 127.00 ...
ICO flags hedge fund role in coffee price tumble
May 10th, 2017
Hedge funds are the primary cause of the drop in coffee prices which has driven both arabica and robusta futures to multi-month lows, the International Coffee Organization said, noting broad correlations in commodity moves. The ICO, which said that ...
Coffee, tea and cocoa prices could fall by more than six per cent this year: World Bank
May 3rd, 2017
Coffee, tea and cocoa prices could fall by more than six per cent this year according to the World Bank’s Commodity Markets Outlook. The World Bank says the three beverages are forecast to fall in price in 2017 “due ...
Costa Coffee owner Whitbread reports sales of £3.1 billion
April 25th, 2017
2016/17 was a 52-week year whereas 2015/16 was a 53-week year. In order to provide a clearer comparison, year-on-year growth relating to revenue, underlying profit and underlying earnings per share are shown on a 52-week comparative and a number ...
JAB Steps Up Coffee Challenge With $7.5 Billion Panera Deal
April 5th, 2017
Krispy Kreme owner buys bakeries to take on Nestle, Starbucks Deal includes assumption of $340 million in Panera debt JAB Holding Co. agreed to buy Panera Bread Co. for about $7.5 billion, adding a fast-growing U.S. bakery chain to a food ...
Multinational Bank forecast arabica coffee prices to rise
March 20th, 2017
Rabobank forecast rising arabica coffee prices, as Brazilian production falls 13% in the 2017-18 season. Following a Brazilian crop tour, Rabobank forecast the next Brazilian coffee crop at 49.2m bags, down from 54.0m bags in the 2016-17 year. Arabica ...
Coffee, corn tempt hedge funds to extend bullish ags spree
November 15th, 2016
Hedge funds lifted their bullish positioning in ags to the highest in four months, fuelled by a record-high net long in coffee, and a sharp cut in bearish bets on corn – which could create potential for fresh selling. ...
