What a great time to buy some exciting Guatemalan, Central American and South American Coffees!
Yes the weather market is providing for a great opportunity to buy spots and even soon to arrive coffees.
While rains do bring relief to the Brazilian Arabica Coffee Belt and prices take a break from climbing by descending, it is now time to look into Brazil’s Robusta zone.
Brazil is the second largest producer of Robusta beans, yet the local industry is the largest worldwide consumer of these beans roasting nothing less than 15 million bags last year.
While originally, 17 million bags were the expected volume to come in the 2015 crop cycle, now after the several weeks of total drought, high insolation, low air humidity and record high temperatures, Brazil will produce less Conilons.
What happened in the South of Minas last Dec/Jan/Feb 2014 has now repeated itself in the Espírito Santo area.
As this region is mostly important to the internal Brazilian coffee industry, it has not blinked in most international radar screens yet but differentials for local Arabica beans have already risen by noticeable cents.
The reason of this differential increase may well be the lower NY prices as many in the trade believe.
On the other hand, the more expensive differentials may also be attributed to the eminence of Brazilian roasters competing for the local Arabica availability as Robustas are seen by locals to become short supplied.
Anticipation is fundamental.
Meanwhile, overlooking Guatemala City, this morning, my message to our clients and friends, is to look into our Offer list and take advantage of great coffees at a great price.
Call for samples and prices.
Christian Wolthers
Category: Archives, Industry News, WD News
