Miscellaneous

One note of concern we came across was that due to an unexpected frost damaging the coffee crops in some regions of Brazil, the cost of Arabica beans hit a seven-month high last week. There was an interesting little dichotomy in comparing two different ranking of favorable states that were released this week. First, CNBC…

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Global Coffee Deficit Projected

Earlier this week, Citigroup forecast that a global production deficit of coffee beans could last into 2016 because of the Brazilian coffee harvest shortfall.  A lingering drought has devastated the Brazilian coffee market, which last year accounted for 36% of the world coffee supply causing production in Brazil to drop by as much as 18…

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Coffee Prices Likely To Rise Again

In light of the bad weather in Brazil these past few months, it is likely that coffee prices will be on the rise once again.  There was a sustained drought during the growing season and then damaging flooding during the harvest.  Arabica coffee prices surged 94% this past month to a high of $2.144 on…

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Coffee Prices Volatile Again

With rain easing the drought that has plagued Brazil over the past few months, coffee prices have gotten back on the roller coaster for a ride with the most pronounced swing in prices of the past ten years.  Coffee futures surged some 89% in 2014 to March 12, but have since fallen 16%. Still, coffee…

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Coffee Futures Lowest In Seven Years

With abundant harvests from Central America, Columbia and Brazil, the price of Arabica coffee beans hit its lowest price since 2006 this week.  Over the past year, Arabica bean prices have plummeted 29%, with coffee for delivery in December falling an additional 1.9% to a price of $1.050 per pound.   Arabica beans hit a 14-year…

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