• About
  • Subscribe
  • Advertise
  • Contact
  • MICE
Friday, June 13, 2025
Newsletter
SUBSCRIBE
  • Latest News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
No Results
View All Results
  • Latest News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
No Results
View All Results
Home

Coffee prices highly volatile following Brazil weather: ICO

by Staff Writer
April 11, 2014
in News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter

  Coffee prices continue to be highly volatile, changing significantly according to Brazilian weather reports, the International Coffee Organization (ICO) reported on 10 April. In its March monthly coffee report, the ICO warned that Brazil’s weather should be taken seriously in terms of its potential effect on coffee production. It cited a recent study that referred to the current drought as “the largest climate anomaly since the ‘Black Frost’ of 1975”, warning that damage to the 2015-16 crop could be even worse. The Black Frost of 1975 affected around two thirds of Brazil’s crops the following crop year. Along with supply fears come reports of an increase in consumption. The ICO reported that 2013 consumption figures will likely be around 145.8 million 60-kilogram bags, a 2.7 per cent increase from 2012. “It seems likely that the market is heading towards a supply deficit,” the ICO stated, noting that the Brazilian crop will be the most important variable in confirming the deficit. Total exports in February have risen 4.3 per cent over 2013 to 9 million bags, however the total for the first five months of 2013-14 exporting year is at 42.7 million bags, a drop of 6.6 per cent over the same time a year prior. That level of increase means that the last four years have seen a 2.1 per cent average annual increase. While traditional markets, particularly the United States, are accredited for some of that growth, consumption in exporting countries is also helping to increase those figures, now accounting for just under a third of world consumption. Although the ICO says its figures on consumption in emerging markets seem to have fallen, it notes this it’s likely because most emerging markets are not ICO members, so accurate data on 2013 might not be available.

Related Posts

An East African country is on track to produce nearly 100 tonnes of coffee in 2025, according to its government.

Mozambique expected to produce 100 tonnes of coffee

by Georgia Smith
June 13, 2025

Mozambique in East Africa is on track to produce nearly 100 tonnes of coffee in 2025 following a €4 million...

Image: EKKAPON/stock.adobe.com

Brazilian farmers in key Arabica region switching to Robusta?

by Daniel Woods
June 13, 2025

Coffee producers in the world’s highest-production Arabica growing region, Minas Gerais, are reported to be testing Robusta varieties amid continuing...

coffee berry borer

New software developed to detect coffee berry borer outbreaks

by Georgia Smith
June 12, 2025

New research from Edith Cowan University (ECU) in Australia has produced a software system that can detect coffee berry borer...

Please login to join discussion

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Prime Creative Media launched Global Coffee Report in April 2011 with the aim of promoting, growing and informing the global coffee industry through the provision of the most relevant and current information and in-depth analysis from the sector’s most influential voices.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Global Coffee Report

  • About
  • Advertise
  • Subscribe
  • Magazine
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • Latest News
  • Profiles
  • Products
  • Market Reports
  • Technology
  • Equipment
  • Marketing

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research & Development
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
  • About Us
  • Advertise with Global Coffee Report
  • Latest Magazine
  • Contact Global Coffee Report

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited