Central America
Robusta prices reach 45-year high in April
The ICO reports that Robustas price rose nearly 17% in April, hitting its highest level since July 1979 while green bean exports of Robustas grew 7.8%.
ICO reports that Robusta levels surge; South America exports jump 41.7%
The ICO Composite Indicator Price grew solidly in March, with the Robustas leading the way.
Mexico wants its top ten coffee status back
With an intense focus on growing domestic consumption and exports, Mexico aims to reclaim its position among the world’s top coffee producers. Its tea industry, although small, also shows growth potential. By Eugene Gerden
Robustas hit a 25-year high, averaging 135.47 US cents/lb in December 2023
Robustas grew 10.5% to 135.47 US cents/lb, the highest level since May 1995, while rising tensions in the Red Sea have led some shipping lines to re-route their coffee-carrying vessels as well as add new surcharges.
Coffee prices remain stable averaging above 160 US cents/lb in November 2023
The International Coffee Organization Composite Indicator Price averaged 161.53 US cents/lb in November, a 6.3% increase from October 2023.
World of Coffee Panama announced by SCA
The Specialty Coffee Association (SCA) has announced World of Coffee Panama, the first World of Coffee event to be held in Central America.
Global green coffee exports drop 5.5% for CY 2022/23
The ICO reports that NY and London certified trend down as global green coffee exports fall 5.5% to 110.81 bags in coffee year 2022/23.
Arabicas drop slightly while Robustas remain firmly above 120.00 US cents/lb
The ICO reports that Arabicas drop while Robustas remain above 120.00 US cents/lb in September; world economies and rising costs of living expected to impact consumption.
Blanca Castro appointed new executive director at IWCA
With over 16 years of experience in the coffee sector, she brings a wealth of knowledge and expertise to her new role at the International Women’s Coffee Alliance (IWCA).
Robusta prices hit near record highs in August
The International Coffee Organization reports that Arabica-Robusta price movements recouple in August — Robustas remain at near record highs.
Best of Panama competition and auction sets new lot record
This year’s Best of Panama competition represented an opportunity for local estates to promote the quality of their harvests. This competition is overseen and judged by national and international experts in the specialty coffee industry.
ICO reports coffee prices recover in July after first falling
For the I-CIP and Arabicas prices, July was a month of two halves: losses followed by recoveries, while Robustas once again performed the best, recording a small decline.
Robusta prices hit a 28-year in June
The ICO reports that Robustas reached a 28-year high in June amid further narrowing of the Arabica-Robusta differentials.
April coffee prices rise on the heels of decreasing exports
In its latest report, the ICO stated that the I-CIP expanded to 178.57 US cents/lb in April 2023, supported by decreasing exports.