Harvest News May 2022
Get up to speed with the origin with updates from your partners at the farm level.
Learn about what's happening in Brazil, Rwanda, Peru, Colombia and Indonesia and get ready to start sourcing!
It can be hard to keep up with the recent volatility of the c-market. On February 9th, prices peaked at 258.45 US cents. On March 15th, they dropped to 211.15 US cents. More recently, after slightly recovering, prices dipped below 210.00 US cents, back to the levels of November 2021. This volatility is the result of a fundamentals war, not to mention the activity of speculators, moving from coffee to cocoa and other commodities.
With the increase in local speculation and the surge of intermediaries on the ground, the pressure on prices keeps growing and commodity producers are holding coffee in the expectation that the Brazilian winter might bring better prices once again. The weather in Brazil has been good this year so far but there are concerns about frosts. Though some, more sceptical, say that speculation on frosts is as much of a seasonal phenomenon as coffee itself.
Resources
Brazil 2023 Coffee Harvest: The Country Is Back to Business
After six months of poor export volumes, coffee trading is warming up in Brazil. With more volume on offer, it should be easier for roasters to source the coffees they need with more room to talk prices. It’s a buyers’ market.
published 4 months ago- Brazil
Market Trends Survey for Roasters & Green Buyers
Share your insights and help us create a market intelligence report for producers and roasters. Takes less than 10 minutes. Free e-book and discounted course by CoffeeMind to all respondents.
published 4 months agoColombia Harvest: Will the Main Markets for Colombian Coffee Change?
Colombian coffee farmers are embracing emerging markets in Asia and the Middle East. Will their demand influence coffee buyers in the rest of the world?
published 6 months ago- Colombia
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