ICO

Russia became the seventh importing member of the International Coffee Organization (ICO), joining the European Union (EU), United States, Norway, Switzerland, Tunisia and Turkey under the International Coffee Agreement, formalized in 2007.

The worldwide export of coffee fell by 2.6% in March, compared to the same month of 2014 were shipped 9.983 million bags of 60 kg compared to 10,250 million bags in March 2014. Information is from the International Coffee Organization (ICO).
The world export in the first six months in coffee year 2014/15 (October 2014 to March 2015) fell by 3.3% compared to the same period last year, from 54.897 million to 53.084 million bags.

The ICO publishes in a monthly basis, the Report on Coffee Market. In the January 2015 edition, highlights, with regard to Brazil, the time observed was the main driving force in coffee prices, which first rose, then fell again. The drought in Brazil in early January pushed up prices. The forecast of rain for the end of January, however, interrupted this brief recovery. However, the rainfall levels in Brazil are still below average, compromising the crop of 2015/16, the report shows.

The global coffee market will be in deficit of 800.000 60kg bags in the 2014/2015 season, by crop losses from drought in the Arabian world's largest producer, Brazil, and problems caused by fungal disease in Central America, said an official of the International Coffee Organization (ICO).
Nevertheless, the world has enough to meet the projected consumption of 146 million bags stocks, said on Friday (7/11) to Reuters the CEO of ICO, the Brazilian Roberio Oliveira Silva, during a conference in Ethiopia.

World coffee exports increased by 4.3% in February compared with the same month of 2013. 9 million 60-kg bags were shipped compared to 8.63 million bags in February 2013. Information is from International Coffee Organization (ICO).
The global exports in the first five months of coffee year 2013/2014 (October 2013 to February 2014) showed a reduction of about 6.6% compared with the first five months of the previous period.

The drought that damaged much of the coffee producing areas of Brazil in recent months changed the course of the international bean market in February. Report released on Thursday, 13, the International Coffee Organization (ICO) shows that concern about the lack of rain in Brazil caused the price of the product to rise 24.4% in February in the international market. With this, the coffee recorded the highest monthly increase since May 1997.

Over the past 50 years, the coffee market was characterized by a period of the regulated market with direct intervention through a system of export quotas, and a second time without direct intervention, from 1990 until now, according to the International Coffee Organization (ICO).

World coffee exports fell by 5.8% in December 2013 compared with the same month of 2012. 8.54 million bags of 60kg were shipped compared to 9.07 million bags in December 2012. The International Coffee Organization (ICO) released the information.
The global exports in the first three months of coffee year 2013/14 (October 2013 to December 2013) showed a reduction of about 9.8% compared with the first three months of the previous period.

In the Brazilian state of São Paulo, the Coffee Museum, an institution of the State Secretariat of Culture, inaugurated with the support of the Ministry of Agriculture, Livestock and Supply, the exhibition "50 years of the International Coffee Organization."
Looking to contextualize, both politically and economically, the trajectory of the ICO, an organization that completes 50 years, this temporary exhibition began on the 10th of this month and will last until March 31, 2014, in order to reveal and enhance the importance and history of the authority over the years.

The International Coffee Organization (ICO) announced on Monday it has increased by 0.5% its estimate for world crop product in 2012/13, leaving it at 145.2 million bags (60kg each) thanks to improvements in the coffee plantations in Brazil and Colombia.
The new estimate for this season, which ended on September 30th, indicates a volume 9.6% higher than what was collected in 2011/12, and represents the highest figure ever publicly disclosed this type of assessment, which is made from the harvest 1990/91.