The dollar gained ground against rivals Friday morning after stronger U.S. economic data fueled bets the Federal Reserve will tighten monetary policy sooner than... »
ICE coffee futures are maintaining a stronger tone around mid-session, boosted by the softer U.S. dollar and also getting a technical bounce, says Jimmy Tintle, analyst at Transworld Futures. He cautions, however, that the commodity is entering a seasonally »
Prices at Tanzania's coffee exchange in Moshi Thursday continued the downward trend of the previous auction due to the poor quality of beans as the marketing season ends, an official said Friday. "Prices went down on grade quality," said a Tanzania Coffee »
India's 2009-10 coffee output is likely to fall by 5% from the state-run Coffee Board's estimate of 289,600 metric tons as unseasonal rains damaged some of the crop in the key growing area, a top company executive with the nation's largest coffee exporter said Friday. »
World 2009-10 coffee output is expected at 123.1 million 60-kilogram bags, the International Coffee Organization said Friday, down from its February estimate of 123.6 million bags. This is also a 3.9% fall in production on the year. »
India's 2009-10 coffee output is likely to fall by 5% from the state-run Coffee Board's estimate of 289,600 metric tons as unseasonal rains damaged some of the crop in the key growing area, a top company executive with the nation's biggest coffee exporter said Friday. »
Liffe robusta coffee futures trade slightly higher, supported by the weaker dollar, says London-based broker. Liffe's latest stocks data shows European certified stocks continue to be draw down steadily while trade in Vietnam remains »
Coffee prices in Asia were little changed in the week to Friday in quiet trading ahead of the release of funds for exporters in Vietnam to stockpile beans. "Final details (about the plan) are not available. »
Coffee production in El Salvador's current 2009-10 crop cycle from the onset of the harvest season Oct. 1 through Jan. 24 was down 29%, at 899,912 60-kilogram bags, the official Salvadoran Coffee Council said Thursday. »
SUMMARY- Occasional showers and thundershowers yesterday, most numerous during the afternoon hours, 0.10-2.00+ inches (3-51+ mm). Temperatures 77-94F (25-34C). »
Brazilian coffee farmers had an urge to sell their dwindling stocks this week on upward price swings. Brazilian farmers sold off parts of their remaining stocks as prices rose upward in New York and in Brazil, said Gil Carlos Barabach, a coffee analyst at Safras & Mercado. "Trade wasn't explosive, »
Arabica coffee closed higher Thursday with the help of a slightly softer U.S. dollar on a day that a report showed coffee output from Brazil fell last month. Most-active May coffee settled an even penny, or 0.75%, higher at $1.3375 pound on ICE Futures »
ICE May coffee futures are firmer Thursday as the market is bouncing in the wake of a test of major support at the $1.3000 level. Since late February, the bears were pressing against support at the $1.3000 floor but were unable »
Colombian coffee production in February, the fifth month of the 2009-10 crop cycle, fell 25.3% to 648,000 60-kilogram bags, Colombia's National Federation of Coffee Growers, or Fedecafe, said Thursday. »
Ghana's cocoa and coffee regulator has initiated a program to increase coffee production to 10,000 metric tons within the next four years and 20,000 tons within 10 years from the current level of less than 1,000 tons. »
ICE coffee, largely sideways for the last month, is nearing the upper end of a price channel from mid-December where it could face chart resistance, says Spencer Patton, chief investment officer at Steel Vine Investments. »
El Salvador's coffee production in the 2009-10 crop cycle is now forecast to fall 18% to 1.15 million 60-kilogram bags, the official Salvadoran Coffee Council said Wednesday. This is the fourth time this year the forecast for El Salvador's new »
SUMMARY- Periods of showers and thundershowers yesterday, most numerous during the afternoon hours, 0.10-2.00+ inches (3-51+ mm). Temperatures 77-94F (25-34C). FORECAST- TODAY...Showers and thundershowers. Rainfall amounts 0.10-1.25+ inches (3-32+ »
El Salvadoran coffee exports in February, the fifth month of the 2009-10 crop cycle, were up 18% to 191,252 60-kilogram bags, the official Salvadoran Coffee Council said Wednesday. This compares to Salvadoran coffee exports of 162,672 in the same »
Honduras' coffee industry has logged contracts for 1,892,104 (60-kilogram) bags of coffee from the new 2009-10 crop in sales through March 4, the official Honduran Coffee Institute, or Ihcafe, said Wednesday. »
Mexican coffee exports in February, the fifth month of the 2009-10 crop year, were down 15% to 243,698 60-kilogram bags, the Agriculture Ministry's coffee department said Wednesday. This compares to Mexican coffee exports of 285,894 bags »
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