Guatemala
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.
Brazil’s São Mateus Agropecuaria wins top award at the 2023 EIICA
Brazil wins ‘Best of the Best Award’ while Guatemala wins the Coffee Lovers’ Choice Award at the 8th edition of the Ernesto Illy International Coffee Award.
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.
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.
World of Coffee Athens visitor registration now open
Visitor registration is now open for the 2023 World of Coffee trade show taking place 22-24 June, 2023, at Athens Metropolitan Expo in the historic city of Athens, Greece.
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.
Coffee prices stabilised in January, with a slight decrease
Amid fluctuations and a slight price drop, the I-CIP picked up in January.
Fairtrade International & Bellwether Coffee expand living income pricing to coffee farms in Guatemala
Fairtrade International’s living income strategy has sustainable procurement practices, including the payment of a Living Income Reference Price or LIRP, as a critical enabler of sustainable livelihoods for smallholder farmers.
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.
Rewriting the carbon story
As awareness continues to grow about the importance of reducing carbon emission, one solution minimising carbon footprints and mitigating the risk of climate change is regenerative agriculture.