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Relative to last March, the monthly report of the International Coffee Organization (ICO) indicates stabilizing prices of coffee, with the monthly average of the ICO composite remain essentially unchanged from the previous month.
The outbreak of coffee rust in Central America has produced devastating effects at the social and economic losses in the region, estimated by PROMECAFE of 2.3 million bags, worth about 550 million dollars, and about 441,000 posts direct labour.
However, global production for the coffee year 2012/13 remains at 144.6 million bags.

The world's coffee production may decrease because falling prices of Arabica should encourage producers to migrate to commodities or more profitable to sell their land to real estate development, designed the executive director of the International Coffee Organization (ICO), Robério Oliveira Silva, on Thursday. "Everything is competition for coffee at the moment," he said. The ample supply of Arabica coffee has pushed the premium Arabica versus Robusta, cheaper kind.

For the month of February, the monthly report from the International Coffee Organization (ICO) has lowered the composite indicator price, despite the progressive damage arising from the outbreak of coffee rust in Central America. The origin of this negative development, were the movements of Arabica, with all three indicators of the group to present value losses.
Contrary to this trend, Robusta prices remained in turn, much firmer, reaching the highest monthly average since October 2012.

Coffee farmers in Uganda, the main producer of Robusta in Africa are holding stocks while waiting for prices to recover the farmer, reported today the Coffee Development Authority of the country (UCDA). In the report, the UCDA said prices paid to the producer of Robusta beans dried fell at least 25% in January compared to the same period of 2012.

For the month of December, the monthly report from the International Coffee Organization (ICO) shows that there has been a slight recovery in coffee prices, driven by growing concerns about the outbreak of coffee rust in Central America.

Arabica coffee futures, in their lowest levels in three years, may have reached the bottom said the bank Societe Generale, while "dramatically" reduced price estimates, citing better hopes for crops in Brazil and Colombia. The bank reduced its forecasts for Arabica futures heading for 2013 by 80 cents a pound, citing "gradual improvement" expected in production in Colombia, thanks to a program of replanting trees and improvements in agricultural practices.
Source: Revista Cafeicultura

Coffee prices traded in New York tend to rise in the first quarter, according to the Dutch bank Rabobank. The institution, one of the largest agricultural lenders in the world, says the market begins to reflect the fall in the prices of the Brazilian crop in 2013/14 and the deficit in the supply of global commodity.
Rabobank also believes that a reversal of the high short position of investment funds in the stock market and the fall of the difference between Arabica and Robusta coffees (traded in London) also favour a rise in prices in New York.

The monthly report of the International Coffee Organization (ICO) shows that in December, coffee prices have suffered downward revisions, with the monthly average of the ICO composite indicator recorded a fall of 3.7% to 131.31 cents/pound, compared with the level of 188.90 U.S. cents / lb checked at the beginning of the calendar year.

The Arabica coffee had a gloomy 2012 for the price, losing more than a third of its value, making it particularly in the worst commodities in New York. Coffee prices have been undermined by a strong harvest in Brazil, with a record of 50.8 million bags, including Robusta coffee, and ideas of a return to a market surplus in 2012/13.