Cofi Com News
We’ve been busy with arrivals, lots of PNG, Indian and Ethiopian coffees coming into the warehouse. Mid December sees the Decaff finally arriving – who thought demand of decaff would be stratospheric during COVID? Not just here but in the US. Descamex in Mexico thankfully have been working miracles for us!
Christmas gets ever closer, dates for final orders are below, cut off time is 3.00pm on the dates shown. Order despatch starts again on the 4th January.
Lismore & Northern NSW
South Coast/Fairy Meadows/ Wollongong
ACT, Newcastle, Central Coast, Bowral, Dubbo & Orange etc.
Sydney Metropolitan Area
Quick Origin Overview
The New York Arabica ‘C’ price continues its wild ride last week with multiple factors driving the price to high levels.
The situation in Brazil is still the main driver with freight costs and shipping adding to the problems. Rains essential for next year’s crop are reported to be reasonable but more is needed to raise the critically low soil moisture content.
Colombia is currently harvesting and we are hearing that there is a shortage of pickers which is driving up costs. Fertiliser prices are hitting growing hard and we’ll see the end effect once the harvest is finished and starts being traded. [same situation with fertiliser in Brazil]
Peru is having major issues with lack of containers and shipping problems. With the harvest almost complete, concerns are mounting getting the new crop exported. Fertiliser costs are affecting Peru as well with some farmers not being able to afford it which could have an effect next year’s crop.
We’re seeing more Kenyan become available but prices at the moment are horrendous. Tanzania is seeing a high demand for their coffees especially on the speciality side.
The new season Ethiopian crop is currently being harvested with cherry prices at an all-time high. Lot of attention being paid to unrest in the country and how it could affect exports next year.
PNG’s new crop is in high demand but shipping issues and port congestion especially in Lae are issues.read more