{{vid_src}}
cutlogo
Coffee Geography Magazine is a Coffee portal with highly informative, upbeat and inspirational articles for people who are in the coffee industry. We are committed to the success and growth of the global coffee industry.

CGM provides up to the minute data to the market makers.

Chief Editor  

editor@coffeegeography.com

cj3s8h1f0l6d6d7d4fgjyuluyytg76y4
Coffee prices on Monday April 22nd settled mixed. A rebound in arabica coffee supplies sparked long liquidation pressure Monday in arabica futures. ICE-monitored arabica coffee inventories last Friday recovered to an 11-month high. Robusta coffee rose moderately Monday on concerns about tight robusta supplies from Vietnam. Coffee inventories have rebounded from historically low levels. ICE-monitored robusta coffee inventories on February 21 fell to a record low of 1,958 lots, although they recovered to a 4-1/2 month high last Friday of 3,673 lots. Also, ICE-monitored arabica coffee inventories fell to a 24-year low of 224,066 bags on November 30, but they recovered to an 11-month high last Friday of 643,090 bags. Last Thursday, arabica coffee posted a new 2-year high, and robusta coffee posted a new all-time high. Coffee prices have surged over the past month due to crop concerns in Brazil and Vietnam. Somar Meteorologia reported Monday that Brazil's Minas Gerais region received 7.6 mm of rainfall in the past week, or 58% of the historical average. Minas Gerais accounts for about 30% of Brazil's arabica crop. Robusta coffee has surged to new record highs on fears that excessive dryness in Vietnam will limit the country's robusta coffee production. Fund buying has supported this month's surge in coffee prices. Last Friday's weekly Commitment of Traders (COT) report showed funds boosted their long arabica coffee positions by 4,926 net-long positions to a record 71,811 in the week ended April 16. However, the record-long position could also exacerbate long liquidation pressures in a price downturn. Tight robusta coffee supplies from Vietnam, the world's largest producer of robusta coffee beans, are a major bullish factor. On March 26, Vietnam's agriculture department projected that Vietnam's coffee production in the 2023/24 crop year could drop by -20% to 1.472 MMT, the smallest crop in four years, due to drought. Also, the Vietnam Coffee Association said that Vietnam's 2023/24 coffee exports could drop -20% y/y to 1.336 MM. In addition, Marex Group Plc forecasts a global 2024/25 robusta coffee deficit of -2.7 million bags due to reduced output in Vietnam.

Arabica coffee is the world benchmark for coffee futures contracts that trade on the Inter Continental Exchange (ICE).

42324RMN

hot-java-jazz-3
Starbucks “Hot Java Cool Jazz” celebrates its 27th year supporting school music
nn
Read more
Marco Settembri
Nestlé replaced the retired Marco Settembri by Guillaume Le Cunff as CEO Zone Europe
nn
Read More
Julius Meinl
Julius Meinl kicks off the Meinl Barista Competion
nn
Read more
HPP
Next Bio installs the Hiperbaric High-Pressure Processing Technology to increase the quality of its cold brew coffee products
nn
Read More

illy caffee
illycaffè serves as main sponsor of the 60th International Art Exhibition – La Biennale di Venezia
nn
Read more
gavina-coffee
Gaviña Coffee, based in California recycled over 3 million coffee capsules & bags Recycled in Partnership with TerraCycle
nn
Read More
port-of-santos-2
Coffee shipment delays in March reached 80% at Port Santos in Brazil
nn
Read more
nca logo
U.S. coffee consumption increased 40% at 20 year high
nn
Read More
la colombe
La Colombe® Coffee Roasters unveils ‘World’s Frothiest Draft Latte’ in New 11 fl oz Can
nn
Read more
THE COFFEE BEAN & TEA LEAF® BRAND LAUNCHES REFRESHED LOYALTY PROGRAM
The Coffee Bean & Tea Leaf® launches a revived loyalty program nationwide with expanded reward options
nn
Read More

Hanns-R.-Neumann-Stiftung-Logo
Hanns R. Neumann Stiftung expands its sustainable support for coffee farmers in Ethiopia
nn
Read more
The KitchenAid Espresso Collection
KitchenAid showcased its new collection of espresso machines
nn
Read More
california1
California sets a new and separate minimum wage, $20/hr for cafes and restaurants
nn
Read more
peets-4-6-24
Peet’s Coffee commemorates Earth Month by giving discounts to those who bring their own cups
nn
Read More
nescafe- 4-6-24
NESCAFÉ® introduces Gold Espresso and Ice Roast Instant Coffee for customers in the U.S.
nn
Read more
7-11
7-Eleven celebrates 60 years of coffee, OG To-Go since 1964
nn
Read More


The Brazilian Real/USD Vs the Coffee Price

Coffee prices on Monday April 22nd settled mixed. A rebound in arabica coffee supplies sparked long liquidation pressure Monday in arabica futures. ICE-monitored arabica coffee inventories last Friday recovered to an 11-month high. Robusta coffee rose moderately Monday on concerns about tight robusta supplies from Vietnam. Coffee inventories have rebounded from historically low levels. ICE-monitored robusta coffee inventories on February 21 fell to a record low of 1,958 lots, although they recovered to a 4-1/2 month high last Friday of 3,673 lots. Also, ICE-monitored arabica coffee inventories fell to a 24-year low of 224,066 bags on November 30, but they recovered to an 11-month high last Friday of 643,090 bags. Last Thursday, arabica coffee posted a new 2-year high, and robusta coffee posted a new all-time high. Coffee prices have surged over the past month due to crop concerns in Brazil and Vietnam. Somar Meteorologia reported Monday that Brazil's Minas Gerais region received 7.6 mm of rainfall in the past week, or 58% of the historical average. Minas Gerais accounts for about 30% of Brazil's arabica crop. Robusta coffee has surged to new record highs on fears that excessive dryness in Vietnam will limit the country's robusta coffee production. Fund buying has supported this month's surge in coffee prices. Last Friday's weekly Commitment of Traders (COT) report showed funds boosted their long arabica coffee positions by 4,926 net-long positions to a record 71,811 in the week ended April 16. However, the record-long position could also exacerbate long liquidation pressures in a price downturn. Tight robusta coffee supplies from Vietnam, the world's largest producer of robusta coffee beans, are a major bullish factor. On March 26, Vietnam's agriculture department projected that Vietnam's coffee production in the 2023/24 crop year could drop by -20% to 1.472 MMT, the smallest crop in four years, due to drought. Also, the Vietnam Coffee Association said that Vietnam's 2023/24 coffee exports could drop -20% y/y to 1.336 MM. In addition, Marex Group Plc forecasts a global 2024/25 robusta coffee deficit of -2.7 million bags due to reduced output in Vietnam. .The Brazilian Real is one of the driving factors in the global coffee pricing.

international-delight-reeses
International Delight® introduces REESE’S Iced Coffee cans to convenience stores across the U.S.
nn
Read more
Winners of the 33rd Premio Ernesto Illy de Qualidade do Cafè para Espresso-b
Brazilian Growers from Minas Gerais recognized by Illycaffè for their quality and sustainable production
nn
Read More
DRC1
Nespresso pledges to invest $20m to support local farmers in DRC to increase their global marketing capacity
nn
Read more
bdlbrazil2
“Carbon Negative” coffee growing in Brazil seen as exemplary for the other coffee regions
nn
Read More
ldc
Louis Dreyfus Company to Acquire Cacique in Brazil to expand its soluble coffee production
nn
Read more
ethiopia map2
UNDP launches a project in Ethiopia to prevent deforestation in coffee farming
nn
Read More

HRNS-Tanzania
Coffee farmers in Tanzania linked to the carbon credit market by HRNS
nn
Read more
Dr. Verônica Belchior
World Coffee Research names Dr. Verônica Belchior as its new research scientist for Coffee Quality Evaluation
nn
Read More
3-22-24-7
7-Eleven, Inc. includes cold brew Creations in its beverage lineup
nn
Read more
3-22-24-peets
Peet’s Coffee celebrates spring with its new lineup of coffee brews
nn
Read More


blk and bold coffee
BLK & Bold Coffee formed a foundation to be managed as a 501(c)(3) non-Profit Organization to engage in community work
nn
Read more
mathew swenson
Farmer Brothers hires Matthew Swenson as vice president of coffee operations
nn
Read More
green mountain Keurig
Keurig Dr Pepper lists out its future product portfolio including the Chill Brewer
nn
Read more
Luc Vandevelde
JDE Peet’s names Luc Vandevelde as its interim CEO replacing Fabien Simon
nn
Read More
31324-starbucks1
Starbucks Reserve brings new malt beverages at the selected elite roasteries and stores
nn
Read more
blue bottle coffee logo
Blue Bottle Coffee showcase the legacy of 1950s espresso with first espresso launch
nn
Read More


nca logo
NCA expresses its opposition to the banning of European Method decaf
nn
Read more
bellwether-shop-roaster2
Bellwether Coffee Propels Next Phase of Micro-Roastery Movement for Coffee Retailers with New Electric Roaster
nn
Read More
bad ass coffee
Bad Ass Coffee signs Multi-Unit Agreement to expand its presence in Knoxville, Tennessee
nn
Read more
the-human-bean-baristas-2024
The Human Bean observes National Barista Day on March 1st to recognize the hustle and bustle of the drive-thru shops
nn
Read More
popandbottle
Pop & Bottle cold brew coffee spreads out its refrigerated aisles in more stores throughout the U.S.
nn
Read more
ProColombia
Colombia invites buyers at the 100th Business Matchmaking Forum in Cartagena with coffee as its prime emphasis
nn
Read More


ECF
European Coffee Federation expresses its concern of the new EU Deforestation Law
nn
Read more
Julius Meinl
Julius Meinl, a global coffee company based in Austria joins Coffee&Climate to engage in the empowerment of coffee farmers
nn
Read More
BoA-Starbucks2
Starbucks and Bank of America initiate Loyalty Partnership
nn
Read more
intelligentsia-coffee-south-korea
Intelligentsia Coffee based in Chicago opens its first store in South Korea
nn
Read More
7brewlogo
Blackstone invests in 7 Brew seeing growing opportunities in the coffee market
nn
Read more
1-ufcblackrfile
Black Rifle Coffee selected as the official coffee of UFC in the popular and yet wild event on TV
nn
Read More
Victor Allen’s® Cinnamon Toast Crunch™ Iced Coffee will be available in early February at Sam’s CLUB before rolling out nationally in March at major retailers nationwide and online, making it convenient for coffee enthusiasts to indulge in their new favorite iced coffee treat.
Victor Allen’s Coffee® Partners with General Mills amid the launch of the new Cinnamon Toast Crunch™ Flavored Iced Coffee
nn
Read more
jdepeets-costacoffee1
JDE Peet’s strengthens it joint venture with Costa Coffee to expand its market share in the U.K
nn
Read More
peets coffee logo
Peet’s Coffee brews large integrated campaign with Mischief
nn
Read more
Damon Brown
Artist Damon Brown celebrates Black culture and community in Starbucks latest drinkware collection
nn
Read More
john moore2
John Moore named Chief Executive Officer of Farmer Brothers
nn
Read more
Liam Brody new Chief Executive Officer
Liam Brody named CEO for COSA
nn
Read More
Einstein Bros. Bagels
Unlimited free coffee program introduced by Einstein Bros. Bagels for Shmear Society Rewards
nn
Read more
Keurig-Dr.logo
Keurig Dr. Pepper expands its partnership with Lavazza by increasing the distribution of more coffee brands
nn
Read More
INTERNATIONAL DELIGHT
International Delight teams up with Bridgerton to provide the best coffee during matching making
nn
Read more
illy caffee
ILLYCAFFÈ to bring its art collection at 60TH INTERNATIONAL ART EXHIBITION – LA BIENNALE DI VENEZIA
nn
Read More

Kona Coffee Region satellite Map
Hawaiʻi lawmakers introduce new labeling bill for Kona Coffee
nn
Read more
Westrock Coffee Distribution Center - Conway, AR
Westrock Coffee completes the construction of its production and distribution center in Arkansas
nn
Read More
gmo coffee2
Genetically Modified Coffee for better taste poses threat to the coffee industry and customers
nn
Read more
Massimiliano Bizzarri
Rancilio Group, renown coffee machine manufacturer hires Massimiliano Bizzarri as its new CEO.
nn
Read More
Intelligent Blends solar panels
Intelligent Blends installs 280kW solar system to cut CO2
nn
Read more
jde peets
Caribou Coffee signs CPG license agreement with JDE Peet’s
nn
Read More
Westrock Coffee Distribution Center - Conway, AR
Westrock Coffee completes the construction of its production and distribution center in Arkansas
nn
Read more
nestle-vietnam-1182024
Nestlé invests $100 million in coffee processing plant in Vietnam to meet the growing demand
nn
Read More
JOHN OWEN
Scooter’s Coffee names John Owen as its new COO
nn
Read more
red sea
Attacks on shipping vessels on the Red Sea cause delays for coffee shipments
nn
Read More
belle coffee creamer
Darigold introduces Belle Coffee™ Creamer
nn
Read more
abiy ahmed
Prime Minister of Ethiopia, Abiy Ahmed aims to bring his country as the top coffee exporter in the world
nn
Read More
peet's golden hues
Peet’s Coffee brings Golden Hues in the winter menu
nn
Read more
Tom Corely- CEO for Community Coffee
Community Coffee based in Baton Rouge announces Tom Corely as its new CEO
nn
Read More
UGANDAmap
Uganda earns close to $1bn in 2023 from coffee export
nn
Read more
Vietnam map
Vietnam earns close to $4.2b in 2023 from coffee export
nn
Read More
starbucks logo
Starbucks College Achievement Plan helps thousands employees with 100% tuition coverage
nn
Read more
x71
Introducing the X7.1 Deep Pink, the new Illy limited edition coffee machine for hi-tech and design lovers
nn
Read More
De’Longhi logo
De’ Longhi acquires La Marzocco to increase its coffee machine production
nn
Read more
karlstadt
Historic investment by the Löfberg coffee family in Karlstad
nn
Read More
bdlbrazil2
The recent EU regulation to limit Glyphosate’s MRL for coffee tree protection may affect trade flows out of Brazil
nn
Read more
Mercon Coffee Group Co
Mercon Coffee Group, one of the largest traders filed for bankruptcy
nn
Read More
Erik Hofstädter
Erik Hofstädter becomes the new CEO of Tchibo to manage one of the world’s largest coffee companies
nn
Read more
Thorntons PNG Logo
Thorntons based in Kentucky with the total number of 200 stores now Opens First Store in Monroe, OH
nn
Read More
bellwether coffee
Bellwether Coffee with its advanced commercial electric coffee roasting machine expands its market share in Europe in partnership with Hagen
nn
Read more
la colombe
La Colombe Coffee is sold to Chobani for $900m
nn
Read More
ship121323
Nestlé to start using lower carbon alternatives for shipping
nn
Read more
Barnie’s Coffee & Tea Production & Distribution Center located at Kingspointe Parkway in Orlando, Florida.
Barnie’s Coffee Company expands its production at its 12k sqft plant in Orlando
nn
Read More
Mercon Coffee Group
Mercon Coffee Group, one of the largest traders filed for bankruptcy
nn
Read more
robusta1
The ever-growing robusta production in the world and the challenges
nn
Read More
holdaystar23c
How Starbucks turns red overnight for the holidays
nn
Read more
The Weeknd
Blue Bottle Coffee partners with “The Weeknd” globally renowned artist to market single origin Ethiopian coffee
nn
Read More
pjslogo
PJ’s Coffee with Hyperlocology to engage local communities through localized ads
nn
Read more
Gianni Cassatini
The coffee community lost a great friend Gianni Cassatini
nn
Read More

Coffee Geography Magazine