More than 90 per cent of the 2016/17 Brazilian coffee crop has now been harvested, with analysts at Safras & Mercado predicting a harvest of around 50 million bags. Arabica production has been surprisingly positive, which may be able to absorb ongoing losses in the Robusta crop. In addition to reports from Vietnam and Indonesia, the poor Robusta crop in Brazil has played a major part in the sharp rise in the Robusta coffee price this year. Robusta prices in Brazil have climbed to a record level. “This is because the outlook for the 2017/18 crop appears critical after conditions were too dry for a long period, hampering pollination,” said analysts at Commerzbank Research.
More: http://www.coffeeandcocoa.net

Societe Generale cautioned over a retreat in coffee prices, even as arabica futures hit an 18-month high, but the bank flagged some potential for gains in cotton and sugar markets. While the bank raised marginally its forecasts for quarter-average prices of New York-traded arabica coffee futures, the estimates remained well below those that investors are factoring in. In the October-to-December period, for instance, the bank forecast front-month arabica coffee futures averaging 132 cents a pound, well below the 154.65 cents a pound at which the December contract was trading at on Thursday.

More: http://www.agrimoney.com/news/socgen-warns-on-coffee-prices

Coffee futures staged a strong start to September, attempting in New York to record their second highest close in more than a year, as data showing a slump in world exports crystallised concerns of tighter supplies.
Arabica coffee futures for December stood up 3.8% at 153.65 cents a pound in late deals in New York, a level which, if held to the close, would represent the strong finish for the contract, bar one, since May last year.
In London, the best-traded November robusta coffee futures contract stood 1.4% higher at $1,854 in late deals.
More: http://www.agrimoney.com/news/coffee-futures

Guatemala ScriptGenerally, Guatemala has preserved more of the traditional typica and bourbon varieties of arabica than many other Latin American growing countries, which may account for the generally superior complexity of the Guatemala cup. Most Guatemala coffee is grown in shade, ranging from rigorously managed shade on large farms to the serendipitous thickets of small growers.
This Guatemalan coffee is a “Strictly Hard Bean” coffee which is associated with high gown coffee which is denser and more consistent in flavour. It usually refers to coffee grown at altitudes higher than about 4,500 feet above sea level. This is grown in Guatemala’s northern and central high lands regions. Coffee is Guatemala’s largest export. This has EP in the title referring to European Preparation which involves hand sorting the beans to avoid defects in the mix. Guatemala’s SHB (Strictly Hard Bean) coffees exhibit unique qualities like citrus acidity and a complex combination of fruit and smooth chocolate notes. This coffee type represents the classic, clean, Central American cup.

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    • 2017/2018 CONCERNS KEEP ARABICA PRICE AT AROUND 150 CENTS

      More than 90 per cent of the 2016/17 Brazilian coffee crop has now been harvested, with analysts at Safras & Mercado predicting a harvest of around 50 million bags. Arabica production has been surprisingly positive, which may be able to

    • SocGen warns on coffee prices, as futures hit 18-month high

      Societe Generale cautioned over a retreat in coffee prices, even as arabica futures hit an 18-month high, but the bank flagged some potential for gains in cotton and sugar markets. While the bank raised marginally its forecasts for quarter-average prices

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