Coffee exports from Indonesia, the third largest producer of Robusta should fall to lowest levels in six years, before the damage with excessive rainfalls, which will reduce production.
Shipments may drop 19% this year, ranking 6 million bags of 60 pounds, according to average estimates of exporters surveyed by Bloomberg. The information departs from the Bloomberg Agency. This would represent the worst performance for the country since 2007, according to the Central Statistics Agency of the country.
A study conducted in the Harvard School of Public Health, associated coffee consumption with a reduction of about 50% in the risk of suicide in men and women. The work was published in The World Journal of Biological Psychiatry.
Analysing data from three large studies involving more than 208,000 people, researchers found that those taking two to four cups of caffeinated coffee daily have a lower tendency to suicide than those who ingested decaffeinated coffee or does not drink.
Coffee production in India is expected to grow 9% for crop year 2013/14, which will begin on 1 October, as rains benefit crops in the main producing areas, according to the Coffee Board on Monday, 22. The country, which is the third largest coffee producer in Asia, to harvest 347,000 tonnes in 2013/14, compared to 318 200 tonnes in 2012/13, the state agency added.
SCAE (Speciality Coffee Association of Europe) announced recently the appointment of the next three presidents of the body, each of which elected for a term of one year.
July this year to the same period next year, Drewry Pearson of Marco Beverage System, will become president of SCAE, replacing the previous, Marc Kappeli. Regarding your path, Drewry is a long-time supporter of SCAE, having been a member of its board for four years (until June 2012). Also, is your current treasurer, to which are added as director and treasurer of the WCE.
Considered the second most traded commodity in the world, coffee presented in last June, a sharp fall in prices. An uncertain macroeconomic scenario helped to bring the composite indicator price to its lowest level since September 2009, according to data released by the International Coffee Organization (ICO).
Total exports for the first eight months of coffee year 2012/2013 (October to May) came to 75.7 million bags, compared with the 72 million bags recorded in the same period last year.
In its monthly report for June, the International Coffee Organization (ICO) says that before the current price levels, there is less incentive for farmers to invest in crops as well as in the use of inputs such as fertilizer and labour. This could have a negative impact on production volumes and quality over the next few years. The result will be increased volatility and a value of less sustainable production chain.
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