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Coffee slips as rain hits Brazil

A drought – the worst in living memory – has struck Brazil‘s coffee belt, driving coffee price up by 50% between January and mid-March. But now, the prospect of heavy rains contributes to the decline in coffee prices. Putting an end

Arabica coffee price update

Arabica coffee for May delivery rose 6.85c/4% to $1.7635/lb YD after report suggested that Brazil’s drought may result in a global shortage. Via Propurchaser.com

Arabica coffee futures bull run continues

Coffee prices on the commodities market jumped 10% on Tuesday, to 1.5665 per pound in New York. On Thursday, the price per pound reached the highest point in about 16 months at $1.7750. Analysts reacted to the announcement of precipitation

Coffee and sugar futures soaring

Coffee and sugar futures soared on Friday on concerns that recent hot and dry weather in Brazil, the source of one-third of the world’s coffee, could crimp the output this year. Brazil had the hottest January ever and the least

Arabica coffee futures sink to lowest in more than seven years

Building on the relentless selling of the past three weeks, benchmark December arabica coffee futures on ICE settled down 1.9 percent at $1.015 per lb, having earlier touched $1.010, the lowest close for the most actively traded contract since Sept.

Arabica Coffee prices heading for the 3rd straight annual decline

Coffee futures capped the worst rout in more than four decades as wet weather signaled bigger crops than forecast in Brazil, the world’s largest grower. Brazil may collect a record crop in 2014 after “perfect” weather, Sao Paulo-based Somar Meteorologia said

Robusta coffee hits 3-year low

Liffe January robusta coffee was up $7 or 0.4 percent at $1,586 a tonne in slim volume of 2,149 lots on Wednesday after earlier touching $1,572, the lowest level since September 2010, depressed by a bumper harvest in Vietnam, the

Robusta hits 6-week low but stocks have investors turn bullish

Coffee prices on Vietnam‘s domestic market, the world’s largest producer of the variety used in espresso, fell on Tuesday to their lowest since late June, discouraging farmers from selling beans, and driving buyers to the sidelines as they await fresh

Cooling Coffee Prices Hit a 3½-Year Low

Arabica coffee prices settled at a 3½-year low on expectations of an onslaught of beans from top grower Brazil. Coffee for July delivery on the ICE Futures U.S. exchange fell 2.8 cents, or 2.2%, to $1.2725 a pound on Friday,

Heat Hampers Colombian Coffee Crop, Jeopardizing Supply – NYTimes.com

The shortage of high-end Arabica coffee beans is also being felt in New York supermarkets and Paris cafes, as customers blink at escalating prices. Purveyors fear that the Arabica coffee supply from Colombia may never rebound — that the world