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Drought in Brazil-Global Coffee Futures prices soar by 53%

Drought in Brazil-Global Coffee Futures prices soar by 53%

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
Brazil is mired in severe drought and coffee production has fallen sharply.

Brazil is mired in severe drought and coffee production has fallen sharply.

According 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
Brazil's sugarcane and coffee growing areas may be hit by drought in March next year

Brazil's sugarcane and coffee growing areas may be hit by drought in March next year

According 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
Drought causes Brazilian coffee to suffer the biggest loss in 50 years

Drought causes Brazilian coffee to suffer the biggest loss in 50 years

The 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
Heavy rain + drought Brazil chaotic weather makes coffee futures soar 77%

Heavy rain + drought Brazil chaotic weather makes coffee futures soar 77%

Continued 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
The drought in Brazil did not cause a shortage of coffee beans.

The drought in Brazil did not cause a shortage of coffee beans.

Starbucks, 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 beans have soared this year due to drought in Brazil.

Coffee beans have soared this year due to drought in Brazil.

Drought 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
Coffee goods fell 23% into a bear market.

Coffee goods fell 23% into a bear market.

Despite 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
ICE coffee fell due to negative technical signals and uncertainty about crop damage caused by drought in Brazil

ICE coffee fell due to negative technical signals and uncertainty about crop damage caused by drought in Brazil

June 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
The price of coffee beans the price of coffee beans affected by the drought in Brazil is likely to return this year.

The price of coffee beans the price of coffee beans affected by the drought in Brazil is likely to return this year.

Brazil 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
Severe loss of coffee production caused by drought in Brazil is expected to be reduced by 30%.

Severe loss of coffee production caused by drought in Brazil is expected to be reduced by 30%.

According 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
The global price of coffee beans affected by drought in Brazil is likely to rise by another 50% this year.

The global price of coffee beans affected by drought in Brazil is likely to rise by another 50% this year.

Photo: Brazil 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.

2015-03-03
A fund company benefits from the decline in coffee production in Vietnam and Brazil.

A fund company benefits from the decline in coffee production in Vietnam and Brazil.

Vietnam's Robusta coffee production will decline due to the strongest El Ni ñ o in nearly 20 years, while Brazil is at risk of falling for three consecutive years because of the drought. This made Anthony Ward, co-founder of Amazaro, a British hedge fund, happy. The CC+ fund founded by Ward focuses on coffee and cocoa

2016-09-26
Brazil's COCAPEC predicts that coffee production by its members will fall by half in 2015

Brazil's COCAPEC predicts that coffee production by its members will fall by half in 2015

COCAPEC said the decline in coffee was mainly due to severe drought and the superposition of coffee production in a small year. The output of coffee trees has a cycle every two years, with high yield in one year and low yield the next year. The COCAPEC Coffee Cooperative, which has 2200 farmers, is expected to produce about 1 million bags (60, 000 tons) in 2015, down by half from 2 million bags (120000 tons) last year. COCAPEC Cafe

2015-04-07
Boutique coffee beans introduce Brazil, the largest coffee producer in the world.

Boutique coffee beans introduce Brazil, the largest coffee producer in the world.

The continuous drought in Brazil since the beginning of this year has seriously affected coffee bean production. The reduction in coffee production in Brazil has directly pushed up the price of coffee beans in the international market and may affect the coffee retail industry. Here, Brazilian coffee beans have also attracted the attention of the world. Brazil is vividly compared to the giant and monarch of the coffee world. In fact, all the blends run by big bakers

2015-12-24
Chaotic weather in Brazil makes coffee futures soar 77%.

Chaotic weather in Brazil makes coffee futures soar 77%.

The continuing drought has hit Brazil's coffee industry hard. However, the weather is likely to be even worse next year, when Brazilian coffee production will fall for the first time since 1965 for three consecutive years. On Wednesday, Bloomberg News quoted the Brazilian National Coffee Council as saying that Brazilian coffee bean production would fall 18% to 40.1 million bags at the end of the harvest season next month. Each bag is 60 kilos. Last year's production

2014-09-03
Brazilian coffee suffers.

Brazilian coffee suffers.

The extreme weather affected Brazil's coffee-producing heartland and caused global coffee futures prices to soar.

2014-05-12
Ethiopian coffee exports are expected to hit an all-time high

Ethiopian coffee exports are expected to hit an all-time high

Ethiopian 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
Brazil, the world's largest producer of coffee beans.

Brazil, the world's largest producer of coffee beans.

The continuous drought in Brazil since the beginning of this year has seriously affected coffee bean production. The reduction in coffee production in Brazil has directly pushed up the price of coffee beans in the international market and may affect the coffee retail industry. Here, Brazilian coffee beans have also attracted the attention of the world. Brazil is vividly compared to the giant and monarch of the coffee world. In fact, all the blends run by big bakers

2015-11-09
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