Dec 29, 2010 (Dow Jones Commodities News via Comtex) — DOW JONES NEWSWIRES ICE March coffee futures are little changed in quiet holiday season trading Wednesday, but the contract is holding onto impressive gains for the year as it consolidates near fresh 13-year highs. ICE March coffee recently traded down 10 points at $2.3920 a […]
October 25, 2010, 8:11 pm Filling the Gap Between Farm and Fair Trade By DAVID BORNSTEIN Fixes looks at solutions to social problems and why they work. We’ve all seen the ads for fair trade coffee with the beautiful photos of villagers hand picking coffee cherries in exotic regions around the globe. Fair trade is […]
MENTAWAI ISLANDS, Indonesia – Helicopters with emergency supplies finally landed Wednesday on the remote Indonesian islands slammed by a tsunami that killed more than 300 people, while elsewhere in the archipelago the toll from a volcanic eruption rose to 30, including the mountain’s spiritual caretaker. Indonesia is prone to such disasters, and it installed a […]
Although crops from Brazil and Vietnam are likely to ease somewhat world coffee supply in the coming months, Arabica beans are seen staying on the tight side, and this will probably reduce stocks of certified beans at the ICE Futures US warehouses in the coming months and push up coffee prices, according to market participants. […]
SAO PAULO (Dow Jones)–Brazil’s coffee traders cautiously welcomed a controversial proposal this week to include Brazil’s high-end coffees in the top tier of grower nations whose beans underpin world prices, but farmers may take more persuading. The New York commodities exchange, IntercontinentalExchange Inc., or ICE, is considering a proposal to allow Brazilian arabica beans to […]
WSJ – By ANNA RAFF Dissent is brewing in the coffee market. Market participants say the benchmark futures contract for the arabica variety doesn’t reflect real-world prices, pointing to aging coffee beans counted in stockpiles but seen as unfit for the drinks and roasted beans widely consumed in North America. This leaves big coffee distributors […]
TEGUCIGALPA, Sept 27 (Reuters) – Central America was struggling to recover on Monday from this weekend’s Tropical Storm Matthew, the latest storm to hit the region, leaving sugar crops flooded and roads key to coffee areas ruined. Matthew drenched Central America on Saturday killing at least six people and forcing hundreds to evacuate. It was […]
With drought causing plants to shed leaves, coffee trees in world top grower Brazil will fail to reach their full productive potential in the 2011 harvest, agronomists told Reuters on Tuesday. Leaves produce the energy the trees need to form the coffee fruit, but agronomists said the more foliage they lose, the less they will […]
WASHINGTON (Reuters) – One day after the Federal Reserve got investors thinking about uncomfortably low inflation, Starbucks announced it was raising prices on some of its coffee drinks. Anheuser-Busch is planning price hikes on some of its Budweiser beers later this year (although it’s also going to give away free samples to 500,000 people at […]
THE cost of a cup of coffee has risen faster in Melbourne than other Australian capital cities in the past year. Takeaway cappuccino prices in the nation’s cafe capital surged an average 23c to $3.22 and are now more expensive than Sydney. Coffee lovers are shelling out an average 7.6 per cent more than last […]