Friends who like coffee may have to care about the price of coffee! The severe drought in Brazil has triggered a global coffee shortage, and the price of the American coffee March futures contract has soared by about 53% so far this year.
2014-05-27 Coffee news coffee futures drought in BrazilThe state of Sao Paulo, an important agricultural producing area in Brazil, is likely to suffer the biggest losses in 50 years this year after the worst drought in 80 years, the Institute of Agricultural Economics of Sao Paulo said a few days ago. According to statistics, the average rainfall in some major agricultural areas in Sao Paulo state in October was only 26 millimeters, far below the normal level of 120 millimeters. High temperature and drought directly affect coffee, sugar cane and jade in Sao Paulo.
2014-11-25 Coffee news Brazil drought coffee production declineThe continuous drought in Yunnan Province has had a great impact on the important local coffee industry. Data released by the Yunnan Coffee Association show that due to the impact of drought, about 30,000 mu of coffee in Baoshan and other places has been affected, which may lead to a 5% to 10% reduction in coffee production in the province, with an estimated economic loss of tens of millions of yuan. Simaomu, a subsidiary of Starbucks Aichi Coffee (Yunnan) Co., Ltd. (hereinafter referred to as Aichi Coffee).
2014-04-27 Yunnan drought disaster ten thousand mu coffee expand production for many years and then prices lowerYunnan, as China's largest coffee bean planting, production and export base, has been busy picking coffee beans since October and continues until May next year. A relevant official of the Yunnan Provincial Meteorological Bureau revealed that this year, the spring drought in Yunnan Province is not obvious, the summer drought is very serious, and the autumn drought is more serious than usual, and the drought is likely to continue to develop after the end of the rainy season. At present, it is the rain in Yunnan
2014-06-30 Coffee bean priceAccording to foreign media reports, since the beginning of this year, Brazil, the world's largest coffee producer, has suffered a severe drought, the Brazilian coffee growing industry has been hit, and production is expected to fall sharply. Since January, the rainfall in Brazil's main coffee producing areas has been only half of the historical average. Research shows that the continuous drought in Brazil this year is the worst anomaly since the black ice phenomenon hit Brazil in 1975.
2014-08-29 Coffee news Brazil drought coffee production declineStarbucks, the world's largest coffee chain, said that even though drought and disease hampered crops, bean prices in Latin America were still close to 2012 highs and there was no shortage of beans, Reuters reported. By 2015, Starbucks still needs to buy 1/3 of its coffee, Chief Financial Officer Scott said in a conference call on the fourth quarter and 2014 results.
2014-10-31 Coffee news Brazilian drought Brazilian coffee coffee bean shortageData released by the Yunnan Coffee Association show that due to the impact of drought, about 30,000 mu of coffee in Baoshan and other places has been affected, which may lead to a 5% to 10% reduction in coffee production in the province, with an estimated economic loss of tens of millions of yuan.
2014-07-14 Coffee news coffee dilemma Chinese coffee environment coffee encyclopediaThe worst drought in central Vietnam in a decade has severely affected the coffee bean harvest in the latest season, with yields down more than 25 per cent from the previous season. According to Vietnamese media, the state-run Vietnam Coffee Company said that due to the severe dry weather, the annual rainfall in the highland coffee-growing areas in central Vietnam in 2012 was only half of the average in previous years, hindering the normal health of coffee.
2014-04-27 Vietnam central severe drought coffee beans poor harvest region suffered over the yearsAccording to foreign news on December 18, Brazilian weather service Somar said in a report on Thursday that sugar cane and coffee growing areas in southern Brazil may be hit by drought in March next year. Abundant rainfall is expected in south-central Brazil in January, but it is more irregular, and northeastern Brazil is generally dry in the next 30 days, the report said.
2014-12-22 Brazil sugar cane coffee growing areas next year March suffered drought invasion foreign electricityContinued drought hits Brazil's coffee industry hard. Next year, however, the weather could be even worse, when Brazilian coffee production falls for three consecutive years for the first time since 1965. Brazil's coffee bean production will fall 18 percent to 40.1 million bags after the harvest season ends next month, Bloomberg News reported Wednesday, citing forecasts from Brazil's National Coffee Council. Each bag weighs 60 kg. last year's crop
2014-09-11 Coffee News Brazilian Coffee Coffee Futures RisingDrought in Brazil Coffee beans have soared this year dry weather in parts of Brazil, the world's largest coffee bean grower, has sparked fears that coffee harvests will be affected. The price of coffee in the international market has continued to soar a few days ago. affected by the reduction in expectations for the Brazilian coffee harvest, coffee prices have soared by more than 80% this year since March. It has been rising since the Spring Festival, and it has also risen in recent years.
2015-09-02 Brazil drought this year coffee beans soaring bigPu'er City, Yunnan Province, which gets its name from tea, has become the most widely planted and most productive coffee producing area in China in recent years. Local farmers say that since growing tea and crops is not as profitable as growing coffee, they have planned to switch to coffee after the wheat harvest.
2014-05-29 Starbucks coffee farmers Pu'er tea farmersThe continuing drought has hit the coffee industry in Baoshan, Yunnan Province, one of China's largest coffee producers. According to a survey data of Longyang District Hot work Station in Baoshan City, at present, only in Longyang District, the affected area of coffee has reached 66395 mu, and 16321 mu of coffee is facing no harvest. In addition to the impact of the drought, the low price of coffee also worries many farmers.
2014-05-13 Yunnan coffee Chinese coffee coffee beansJune 2-Coffee futures fell in trading volatility on Monday as speculators and producers continued to sell as technology was weak and uncertainty over the damage to crops caused by drought in Brazil, the world's largest grower.
2014-06-03 Coffee news ICE coffee coffee futuresPu'er City, Yunnan Province, which gets its name from tea, has become the most widely planted and most productive coffee producing area in China in recent years. In March, when you come to the famous tea village of Pu'er City, you will see that the tea garden in the farmland has pulled out the tender flower stars, the spring tea is about to be on the market, and the precocious wheat is rolling with golden waves of wheat, showing signs of a bumper harvest. But the local farmers told me that because of growing tea and farming,
2015-11-06 Yunnan Province Pu'er City become China planting area the widestDespite an increase in rainfall last month, easing the drought in Brazil, the world's leading coffee producer and exporter, international coffee futures fell into a bear market, with futures prices down 23 per cent since April.
2014-06-06 Coffee news coffee futures coffee stock marketIn view of the recent drought in Pu'er, the Meteorological Bureau of Pu'er City launched the activity of "Coffee Meteorological Science Popularization into the Village", visited more than 500 villagers' cooperatives and farmers, and presented more than 7000 copies of the Handbook on High-yield and High-quality cultivation techniques of small seed Coffee.
2014-05-29 Coffee production Pu'er Meteorology characteristic AgricultureEthiopian coffee exports are expected to hit an all-time high in fiscal year 2014, due to droughts and insect pests in South America. The International Coffee Association said in September that global coffee production could not meet market demand this year because of a reduction in production in Brazil, the world's largest coffee producer, as a result of drought at the beginning of the year. As Africa's largest coffee producer, Ethiopia exported in the first four months of this fiscal year (July to October)
2014-12-09 Ethiopia coffee exports hope history new highs because of beauty droughtAccording to a report on the website of Brazilian newspaper Le Sao Paulo on November 3, in a plantation in Eloy Mendes (southern state of Minas Gerais), Jean Philippe, a 25-year-old agricultural technician, measured the height of a 2-year-old coffee tree with a ruler. The result is 80 cm, but if Minas Gerais has sufficient rainfall this year, the normal height of the coffee tree should reach 1.3.
2014-11-06 Coffee news Brazilian drought Brazilian coffee reduced productionBrazil is the world's largest coffee producer, with 17 of the 21 states producing coffee. Brazilian coffee workers are collecting coffee beans on February 16 (Reporter Zheng Yunyang) since it was introduced into Europe via Italy, the smell of coffee has spread to every corner of the world. Production in Brazil, the world's largest coffee producer, has declined in recent years, with coffee prices rising 50% year on year in 2014.
2016-04-18 Coffee beans prices coffee Brazil drought unresolved global impact this year may again