Colombian coffee growers still dealing with the consequences of the El Nino drought are now bracing for heavy La Nina rains which could hurt the country’s harvest even more, the head of the coffee federation said on Tuesday.
Growers, who are finishing harvesting beans shrunk by lack of water, will soon have to contend with overly humid soil and the possible spread of the roya leaf rust disease, Roberto Velez, the head of the country’s Coffee Federation, told Reuters in an interview.
Read more: http://www.reuters.com/article/us-colombia-coffee-idUSKCN0Z72XB

00000001As some readers will be aware, we have jumped in and out of the iPath Dow Jones-UBS Coffee ETN (NYSEARCA:JO) this year as the price of coffee fluctuates. Well the price of coffee has come back onto the table recently following the release this week of the US Department of Agriculture’s coffee forecast which shows that world stock levels are likely to fall for the second year running. The USDA estimates a drop of 3.9 million bags to finish the 2016-17 season with just 31.5 million bags. If this is the case, and it is a big if let’s not forget as it is just a forecast, it would mean that inventory levels would be at their lowest since the 2011-12 season at a time when demand is heightening.
More: http://seekingalpha.com

The frost scare in Brazil, which fuelled a rise in arabica coffee prices to a one-year high, was overdone, leaving the market vulnerable to selling, Rabobank said. Front month arabica futures rallied to a high of 140.75 cents per pound in New York last week, having averaged 123.7 cents per pound over the last 12 months, as markets digested news of fold temperatures in some growing areas in Brazil, the top coffee producing country.
More: http://www.agrimoney.com/news

Coffe mugFeeling a little confused about how good or bad coffee really is for your health? Are you tired of contradicting studies saying one thing one day and denying it a week later? Well, it may be because there have been more than 500 studies on the dark beverage’s risks and benefits over the last six years.
Just this week, two new findings have emerged: one showing that coffee does not lead to cancer unless if it is too hot, and another one, which is the most interesting, revealing that the caffeinated beverage poses an “unclassifiable” risk for human health.
Read more: http://www.councilchronicle.com/studies-on-coffee/25054/

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    • Colombia coffee-growers worry over looming La Nina rains

      Colombian coffee growers still dealing with the consequences of the El Nino drought are now bracing for heavy La Nina rains which could hurt the country’s harvest even more, the head of the coffee federation said on Tuesday.
      Growers, who

    • The Coffee Price Could Double In The Next 12 Months

      As some readers will be aware, we have jumped in and out of the iPath Dow Jones-UBS Coffee ETN (NYSEARCA:JO) this year as the price of coffee fluctuates. Well the price of coffee has come back onto the table recently

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