Progreso Network

October 2014 Blog Posts (17)

Hedge Funds Cut Coffee Bull Bets as Brazil Drought Eases

By Luiz Ann Javier

Hedge funds pared back their biggest bullish coffee bet since 2008 as rains brought relief to drought-stricken growing areas in Brazil, the world’s biggest producer and…

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Added by Eileen Mulaa on October 28, 2014 at 2:06pm — No Comments

Brazilian rains, election bring coffee prices down

By Editorial Team

In Brazil, after weeks of drought and uncertainty surrounding the presidential election caused coffee prices to rise, the commodity finally saw its rally come to an end on Monday thanks to some much needed rainfall.

Bloomberg reported that Arabica coffee for December delivery…

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Added by Eileen Mulaa on October 28, 2014 at 1:55pm — No Comments

Coffee Prices Soar at Online Auctions

By leslie Joseph

In an online auction this month for some of Rwanda’s most-prized coffee beans, Dan Shafer was playing an hours long game of chicken, and losing.

“I don’t want to place my bid now because I don’t want to jack up the price,” he said, his eyes glued to the screen in a two-bedroom…

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Added by Eileen Mulaa on October 28, 2014 at 1:27pm — No Comments

This Huge Coffee Equipment Collection in Small Town Australia is Being Sold

By Roast Magazine

One of the world’s largest private coffee equipment collections is hiding in far Northern Queensland, Australia.

Robert Webber, the owner of coffee works roastery and cafe in a small, tourism-heavy town called Mareeba, is…

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Added by Eileen Mulaa on October 28, 2014 at 12:43pm — No Comments

Leaked Presidential Report Suggests Widespread Reforms in Colombian Coffee

by Michael Sheridan of CRS Coffeelands blog

Last week, in an interview published…

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Added by Patrick on October 27, 2014 at 10:00am — No Comments

Monthly C-Market Report: 2014 Could End Up a ‘Reasonably Balanced’ Market

By Roast Magazine

Crop year 2013/14 is now finished in all exporting countries, and despite a year’s worth of speculation and persistent price volatility, total global production is nearly unchanged from last year at 145.2 million bags,…

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Added by Eileen Mulaa on October 23, 2014 at 10:20am — No Comments

Price hopes slow Brazilian growers' coffee sales

By Agrimoney.com

Coffee growers in Brazil are withholding crop sales in expectation of higher prices ahead, despite forecast for rain for draught hit platation, expectations which sent futures tumbling again on Wednesday.Producers in the Zona de Mata Mineira, in the South east of Minas Gerais, Brazil's top coffee harvest, according to research institute Cepea.

And while growers in the…

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Added by Eileen Mulaa on October 23, 2014 at 8:30am — No Comments

Regular coffee or decaf? Drinking both may benefit the liver

By Marie Ellis

Previous research has shown that coffee consumption can benefit the liver, but a new study indicates that drinking decaf also lowers liver enzyme levels, suggesting the benefits are not linked to caffeine content.

Both regular and…
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Added by Eileen Mulaa on October 13, 2014 at 6:37am — No Comments

A Brief History of Coffee Price Volatility in the Modern Era (1963-2013)

By Roast Magazine

Since the  International Coffee Organization published…

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Added by Eileen Mulaa on October 10, 2014 at 2:00pm — No Comments

Born Into Coffee: Observations from a Third-Generation Colona in El Salvador

By Michael Sheridan

It was late 2008 when I first came into contact with this amazing story surrounding three generations of determined women in coffee.

At the time, I was involved in a CRS coffee project in Mexico, Guatemala, El Salvador and Nicaragua called CAFE Livelihoods, when I convened…

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Added by Eileen Mulaa on October 8, 2014 at 1:56pm — No Comments

I reap six times more from my coffee

By EVALYNE GITHINJI ~ Nation Media

Grace Mwangi lifts a bucket containing red ripe coffee berries and pours them into a compartment of a pulping…

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Added by Patrick on October 6, 2014 at 10:00am — No Comments

Coffee climbs

By Business Recorder

Arabica coffee futures rose to their highest level in more than five months in active trading on Thursday, driven by increasing concerns about dry weather in top producer Brazil and its impact on the 2015/16 crop. Cocoa on ICE Futures US continued to slide as key growers hiked prices…

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Added by Eileen Mulaa on October 3, 2014 at 1:00pm — No Comments

SOFTS-ICE arabica coffee hits 5-month high on dry Brazil weather

By Luc Cohen and Nigel Hunt

Dry weather forecast in Brazil threatens further crop damage

Arabica coffee breaks resistance at $2.04 a lb

 Ghana raises cocoa price for 2014/15 season (Updates with closing prices, adds byline, NEW YORK dateline)

NEW YORK/LONDON, Oct 2 (Reuters) - Arabica coffee futures rose to their highest level in more than five months in active trading on Thursday, driven by increasing concerns about dry weather…

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Added by Eileen Mulaa on October 3, 2014 at 12:30pm — No Comments

Laima: cocoa prices will triple, chocolate price growth inevitable

By Baltic Riga

Due to climate change and developments in Africa, the price of cocoa beans could triple in the coming years. As a result, producers who make chocolate of cocoa beans will be forced to increase their prices, CEO of confectionery Laima, Rolands Gulbis informed the business portal…

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Added by Eileen Mulaa on October 3, 2014 at 12:28pm — No Comments

Cocoa Up on Ebola Fears

By Alexandra Wexler

As the number of people in West Africa infected with the Ebola virus increases, traders and investors are starting to worry about supplies of one of the region's main exports: cocoa.

The virus, which has been spreading since December, hasn't yet appeared in either Ivory Coast or…

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Added by Eileen Mulaa on October 3, 2014 at 12:00pm — No Comments

Will Cocoa ETFs Taste Bitter or Sweet Ahead?

 By Zacks Equity Research

Cocoa has been one of the high-potential commodities since the start of the year with prices hovering around the three year high level. Surging global demand for chocolate, increased consumption in Asian nations specifically China and supply crunch thanks to the political unrest and inclement weather in major producing regions – Ivory Coast and Ghana – took Cocoa prices and related exchange traded products to the highs. Also, an epidemic of fungal disease in…

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Added by Eileen Mulaa on October 3, 2014 at 10:39am — No Comments

How a Young Company in the UK is Changing the Value of Coffee Grounds

By Roast Magazine

The past decade has seen countless attempts on the part of the researchers and environmental stewards to find a legitimate use for used coffee grounds that would otherwise be sent to landfills. Here are just a few:…

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Added by Eileen Mulaa on October 1, 2014 at 8:00am — No Comments

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