coffee prices
ICO May: Despite upturn at the end, global coffee prices remain low
In May 2019, the monthly average of the ICO composite indicator fell to 93.33 US cents/lb in May 2019, 1.2% lower than in April 2019.
Coffee prices fall to new low this season
Coffee prices reach new low for 2018/19 as March exports decline.
ICO reports composite indicator lowest since 2006
In March 2019, the ICO composite indicator fell by 3.1% to 97.50 US cents/lb, which is the lowest monthly average since October 2006 when the price was 95.53 US cents/lb.
Brands and retailers announce commitments to Fair Trade and sustainable coffee
Fair Trade USA, in collaboration with the Sustainable Coffee Challenge, has announced a group of joint commitments with major partners deeply committed to sustainable coffee sourcing and improved farmer livelihoods.
SCA hosts first Spanish-language webinar
The SCA Sustainability Center is hosting a fourth webinar with the Farmer Profitability and Prosperity working group – it will be the first SCA webinar completely in Spanish.
Coffee Year 2018-19 expected to be the second year of surplus
According to the International Coffee Organisation’s latest coffee market report, coffee year 2018-19 is expected to be the second consecutive season of surplus
Coffee Prices Fall in November Amid Increased October Exports
The monthly average of the International Coffee Organization (ICO) composite indicator decreased by 1.5%, to 109.59 US cents/lb in November 2018 following the 13.3% increase to 111.21 US cents/lb last month, reflecting the fall in prices for all group indicators.
Potential for Mechanized Coffee Production in Costa Rica?
I recently returned from my annual trip to Costa Rica for Sintercafé, where I experienced my second earthquake (fortunately, this one was registered only 5.3 compared with last year’s 6.5), but I digress…
Rainforest Alliance Urges the Coffee Industry to Support Producers
International coffee prices have recently hit their lowest levels for 12 years, and for many farmers the levels mean they cannot cover their production costs.
Coffee Hits New Export Record in Coffee Year 2017-18
The International Coffee Organization announced that total coffee exports increased each year since 2010-11 with a new record reached in 2017-18 at 121.86 million bags, 2% higher than 2016-17.
Coffee Year 2017-18 Ends in Surplus
World coffee production in coffee year 2017-18 is estimated 5.7% higher at 164.81 million bags as output of Arabica increased by 2.2%, to 101.82, and Robusta grew 11.7%, to 62.99 million bags.
Female Producer Takes Top Honours in 2018 Ernesto Illy Int’l Coffee Award
Coffee beans grown by Rwanda’s Ngororero Coffee Washing Station, represented by Philotée Muzika, were designated “Best of the Best” in illycaffè’s third annual Ernesto Illy International Coffee Award (EIICA).
International Coffee Day 2018: Celebrating & Empowering Women in Coffee
To mark International Coffee Day this year, the International Coffee Organization (ICO) is celebrating the role of women across the value chain and calling on both public and private sectors to empower women to achieve gender equality and increase productivity, supply and sustainable consumption.
Starbucks Commits $20M for Emergency Relief to Central American Farmers
In response to critically low coffee prices in Central America, Starbucks announced a commitment of up to USD $20 million to temporarily relieve impacted smallholder farmers with whom Starbucks does business, until the coffee market self-corrects and rises above the cost of production. These funds will go directly to smallholder farmers in Nicaragua, Guatemala, Mexico […]