FO Licht analysts
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Latest From FO Licht analysts
Uganda's coffee exports showed another strong year-over-year increase in the last month of the 2018/19 (Oct/Sep) season when shipments were 23.5% higher than in the same month last year, outlined sister title FO Licht.
Australia's sugar crop will drop by almost 10% in 2019/20 as poor weather conditions affected cane and sugar yields, sister title FO Licht outlines.
The EU sugar production outlook has deteriorated significantly in recent months as the downward revision of the crop outlook continues, sister title FO Licht outlines.
The EU’s coffee import and export data for the first half of 2019 shows that aggregate imports rose to a new all-time high. While re-exports also climbed significantly, net imports of all kinds of coffee still reached the highest level ever.
While the C-market price has frequently been volatile - and has often been below the cost of production for many farmers - in August 2018, the benchmark commodity futures price for arabica coffee slipped below USD1 per pound for the first time in 12 years, and has hovered at or below one dollar for most of the ensuing months.
The world sugar production estimate for 2019/20 from sister title FO Licht points to the lowest output in three years.