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Coffee market settles lower amid strong global exports | Global Coffee Report

Wednesday:07 March 2018Sugar futures ease, as India output forecast hiked, boosting export ideasThe Indian Sugar Mills Association lifts substantially its forecast for India's sugar output, spurring talk of the country's return to net exports

SOFTS-NY cocoa climbs to 14-month high, raw sugar edges up https://af.reuters.com/article/commoditiesNews/idAFL8N1QK3CK

Deep in Brazil's Mountains, a Coffee Boom Is Ready to Take Hold https://www.bloomberg.com/news/articles/2018-03-02/deep-in-brazil-s-mountains-a-coffee-boom-is-ready-to-take-hold

Cepea, February 16, 2018 – Green coffee shipments started 2018 at a slow pace and may continue slow throughout this 2017/18 season. This scenario has been observed since 2017, because of refrained sellers, low supply in Brazil and the low interest of purchasers, who may wait for the beginning of the 2018/19 national crop to buy higher volumes. Besides the positive biennial cycle for arabica next crop, good weather conditions have helped the grains filling process for both varieties, arabica and robusta, and crops renewal, mainly for robusta, which may allow a large crop this year.
Coffee Exporters Council, known as Cecafé, says that, in the partial of the season (from July/17 to January/18), 16.31 million 60-kilo bags of green beans (arabica and robusta) were shipped, for a decrease of 11.2% compared to the same period last season (2016/17).

According to the last report released by Unica (Brazilian Sugarcane Industry Association), in the current crop (until Feb. 1, 2018), mills from central-southern BR have produced 35.831 million tons of sugar. If forecasts are confirmed, sugar production will decrease by 4 – 5 million tons in the 2018/19 crop.