The International Coffee Organization underlined the setbacks facing production of mild arabica beans as it reported their premiums hitting multi-year highs over prices of rival Brazilian natural coffee. The intergovernmental...
Read MoreMilk powder futures tumbled amid demand concerns provoked by a “surprisingly weak” GlobalDairyTrade auction, which witnessed an unexpected fall in dairy prices, across the board. SGX NZX whole milk powder futures for November,...
Read MoreOct 4, 2022 | Markets expresso, Coffee |
The news on Colombian coffee doesn’t get any better. Exports from the second-biggest force in arabica beans, after Brazil, fell by 25% year on year in September, to 820,000 bags, according to the Federación Nacional de...
Read MoreOct 4, 2022 | News, Soybeans and oilseeds |
Palm oil futures soared, as Indonesia signalled it would extend its period of duty-free exports of the vegetable oil, in a move viewed as cutting the chances of a short-term “inventory dump” on the international market. Palm oil...
Read MoreNestle’s $1bn plan to improve coffee farmers’ livelihoods and agricultural practices isn’t as altruistic as it might first appear. Certainly, the company’s Nescafe Plan 2030 initiative stands to improve living standards for some...
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