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Coffee Trade Statistics - August 2014

World coffee exports amounted to 8.85 million bags in August 2014, compared with 8.95 million bags in August 2013. Exports in first eleven months of coffee year 2013/14 (Oct/13 to Aug/14) have fallen by 2% in comparison with the first eleven months of the last coffee year. In the twelve months ending August 2014, exports of Arabica totalled 69.18 million bags compared to 69.17 million bags last year; whereas Robusta exports amounted to 40.31 million bags compared to 42.17 million bags. More>>

USAID Provides $10 Million in Food Assistance to Central Americans Affected by Drought & Coffee Rust

The U.S. Agency for International Development (USAID) announced a $10 million award to the UN World Food Program to provide food assistance to close to 220,000 people most severely affected by drought and coffee rust in Guatemala, Honduras, and El Salvador. Secretary John Kerry and USAID Associate Administrator Mark Feierstein announced the U.S. Government support at a meeting with the three foreign ministers in advance of the UN General Assembly. Read the press release>>

4th Consultative Forum on Coffee Sector Finance

Op-Ed: Leading the Way In Climate Change Mitigation

In the July/August 2014 edition of Global Coffee Report Magazine, we advocated for public-private partnerships to support climate change adaptation measures for coffee farmers. In this issue, we want to look at how hands-on measures have been taken in Costa Rica to tackle the pervasive effects of greenhouse emissions in coffee production. Read the article on our blog>>

Monthly Coffee Market Report - August 2014: Coffee Market Remains Volatile But Lacks Direction

Prices fluctuated significantly during August, with the ICO composite indicator dropping by 10 cents before jumping back up another 12 cents by the end of the month. Given the lack of new fundamental information, this volatility has been attributed mostly to fund and speculator activity in the market. The New York futures market exceeded $2/lb, hitting its highest daily level since early May, while Robustas on the London market ended the month down 1.5 cents. Inventories in importing countries have also jumped over the last few months, with higher levels in both the EU and USA. Read the full report on our blog>>

Photo: ICO Visit to UNFCCC Headquarters

ICO Head of Operations Mauricio Galindo met with Christiana Figueres, Executive Secretary of the UNFCCC, and Hortensia Solis, to discuss coffee and climate change issues. Photo on our blog>>

ICO Executive Director Visits Mexico, Calls for More Public-Private Cooperation

ICO's Executive Director, Robério Oliveira Silva, travelled to Mexico in August 2014 at the invitation of Ms. Luz María Osuna, President of the Latin American Summit on Coffee, and Dr. Félix Martínez Cabrera, President of the National Association of the Coffee Industry (ANACAFE Mexico). Mr. Silva was in Mexico to attend ANACAFE’s annual meeting and participate in the 2014 Latin American Summit on Coffee. Details on our blog>>

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Coffee Leaf Rust outbreak

The current epidemic of coffee leaf rust affecting all countries of the region with a 53% incidence is the worst seen since this pest appeared in Central America in 1976.

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ICO Indicator prices
(US cents/lb)  29/09/2014
ICO Composite 162.10 +1.9%
Colombian Milds 208.64 +2.2%
Other Milds 212.12 +2.4%
Brazilian Naturals 183.68 +2.3%
Robustas 98.52 +0.4%

4th Consultative Forum on Coffee Sector Finance

The 4th Consultative Forum will be held in London on 23 September 2014. The event is open to ICO Members, civil society, financial institutions, development professionals, and other actors in the coffee industry. Details>>

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 Coffeeline database

ICO online database of coffee-related material. COFFEELINE