Brazil

Speciality Beans Head To Virtual Coffee Auction

Up to 45 producers and 56 types of speciality-grade coffee from 12 countries will join the first “Singapore Virtual (Micro Lot) Specialty Coffee Auction” on Thursday from 2pm to 4pm Bangkok time.

Coffee Caps Worst Week In 22 Years On Overflowing Bean Glut

The world is overflowing with coffee beans, sending futures for the arabica variety to the worst weekly slump since 1998. The glut is so bad that warehouses in Brazil, the world’s biggest grower and exporter, have never been this full.

Brazil Is Running Out Of Space To Store Its Coffee

Brazil has an unprecedented coffee problem — too many beans and nowhere to store them.
Warehouses in the world’s largest coffee exporter have never been so full, and trucks in Brazil’s coffee heartland are waiting days to unload cargo collected from a record crop during a time when global demand is waning.

Rare Batch Of Brazilian Coffee Certified By ICE Exchange

 A rare batch of Brazilian arabica coffee has been certified as deliverable by the ICE exchange, reinforcing bets that rising stocks from the world’s top producer will soon start to alleviate supply worries and weigh on futures prices.