Central America
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.
As consumption continues to rise, the ICO expects another year of supply deficit
With global green bean exports falling 20.23% to 7.94 million bags in February, the ICO sees another year of supply deficit, with a shortfall of 7.3 million bags for CY 2022/23.
ICO reports reduced exports for current coffee year drove up prices in February
Reduced exports for current coffee year drive the ICO’s I-CIP up 11.4% in February 2023.
US coffee-growing industry welcomes proposed amendment to the Farm Bill
Congressional leaders in the United States re-introduced a bill that would expand the scope of federal research spending on coffee pests and diseases.
Coffee prices stabilised in January, with a slight decrease
Amid fluctuations and a slight price drop, the I-CIP picked up in January.
Coffee prices end 2022 on a stable note
The ICO reported that coffee prices close 2022 securely, coalescing at around 160 US cents/lb.
Despite a 12.3% setback in November, coffee prices stabilised
Although all average prices for all coffee groups fell in November, the I-CIP remained firm posting a median value of 156.83 US cents/lb.
Coffee prices slip but prices exceed 2021 calendar year average
The ICO reports that average prices for all coffee group indicators decreased in October 2022.