Progreso Network

January 2011 Blog Posts (10)

Food & Sky Lights

Comment, 28 January, Jos Algra

And an exciting week it was, particularly Friday. New highs at 246.35 March and, more important, it closed above the resistance level at 245.00. Only just and it may go down to the 235+ level, but more likely next week we’ll explore with sky lights where the new targets are. ¿270/275? 230 has become a firm floor. London followed NY and closed at 2129. Resistance 2185, support 2075. In…

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Added by Jos Algra on January 29, 2011 at 10:30pm — 1 Comment

Fairtrade coffee producers face challenge of climate change

Fairtrade coffee producers face challenge of climate change

• Arabica bean production could cease in the next decade

• Foundation hopes to act as broker between farmers and retailers…

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Added by Angel Mario Martinez on January 28, 2011 at 1:53pm — 3 Comments

Pulling together: Co-ops in Africa

Written by Adam Robert Greene

Source: This is Africa publication (12 October 2010)

 

Co-operatives have a long history in Africa, and after a period of decline in the 1990s are on the rise again, proving especially popular among rural farmers, who are able to…

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Added by Janet Lau on January 28, 2011 at 12:08pm — No Comments

Trends in the Trade of Certified Coffees Report

Report: Trends in the Trade of Certified Coffees

Written by Joost Pierrot, Daniele Giovannucci and Alexander Kasterine

 

Abstract: The coffee segment that is known as sustainable has grown much faster than nearly any other industry segment in the past decade. It is difficult to understand both the market trends and the impacts of these coffees and it…

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Added by Progreso Network on January 28, 2011 at 9:37am — No Comments

Côte d’Ivoire bans shake cocoa market

Written by Satish Kanady

Source: This is Africa publication (24 January 2011)

 

A combination of a self-imposed export ban and European Union sanctions targeting Côte…

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Added by Janet Lau on January 27, 2011 at 9:30am — No Comments

Coming from the South, heading North?

Comment, 21 January, Jos Algra



Neither the hammer nor the sickle. The experts debated whether last week was really an inverted hammer and how to interpret it. The contrary, a shooting star was rejected, but would have fitted better the new son China. One analyst used the logic of the aquarium; China’s economy had strong…

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Added by Jos Algra on January 22, 2011 at 11:30am — No Comments

Coffee Falls on Speculation About Stronger Grower Selling; Cocoa Advances

Written by Claudia Carpenter

Source: Bloomberg (19 January 2011)

 

Coffee futures fell in London and New York on speculation of increased sales from growers including Vietnam, the second-biggest producer in the world, to take advantage of higher prices.

 

Robusta prices in London have jumped 60 percent in the…

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Added by Janet Lau on January 20, 2011 at 9:30am — No Comments

Kenya Coffee Board Cuts 2010-2011 Production Forecast on Insufficient Rain

Written by Sarah McGregor

Source: Bloomberg (17 January 2011)

 

Kenya cuts its coffee production forecast for the 2010-2011 season by as much as 27 percent after a lack of rain curbed growth, the Kenya Coffee Board said.

 

The East African nation may produce…

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Added by Janet Lau on January 20, 2011 at 9:30am — No Comments

Sara Lee launches ambitious five-year sustainable coffee plan

The company will triple its purchases of certified coffee; expand its partner programshttp://www.saralee.com/News.aspx

UTRECHT (Jan. 10, 2011)



 

Sara Lee Corp. (NYSE: SLE) announced today a new five-year initiative to boost its…

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Added by Luis Ignacio Carmona on January 17, 2011 at 2:00pm — No Comments

China and the hammer

Comment, 14 January, Jos Algra

NY closed the year with the highest quote: 241.80 May. Strangely this level was achieved with very limited volume, 4-6,000 contracts per day during the last week of the year. New year started with more volume and open interest and the commitment of traders levels maintained, notwithstanding the liquidation of long positions by the funds taking profit, but the market didn’t define its…

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Added by Jos Algra on January 15, 2011 at 9:00am — No Comments

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