Coffee Futures Prices Today - Brazil coffee export november 2015 : The Coffee Exporters Association of Brazil have announced the more detailed Brazil coffee export figures for the month of November have been announced and with exports of green coffee for the month reported to have been 192,157 bags or 6.54% higher than the same month in the previous year, at a total of 3,132,353 bags. Add to this are the exports of value added soluble coffees calculated in terms of their green coffee equivalent and these were 25,545 bags or 12.23% higher than the same month last year, at a total of 234,473 bags.
Therefore the combined exports from Brazil for the month of November were 217,702 bags or 6.91% higher than the same month last year, at a total of 3,366,826 bags. In terms of value these exports for the month of November were 125.8 million U.S. dollars or 20.16% lower than the same month last year, at a total of 498.3 million U.S. dollars. However in terms of the presently soft Brazil Real, the value of these exports in terms of domestic currency still remain a positive factor and allow for the Brazil coffee farmers to retain some degree of profitability from their coffee sales.
During the same announcement, the Brazil Coffee Exporters Association have forecast that with the exports for the year so far and with the countries weak currency having assisted to encourage active export selling, that the annual coffee exports for 2015 might possibly exceed the 36.3 million bags that were exported last year. One might comment however that included within these exports were relatively high volumes of conilon robusta coffee stocks that have assisted to fill the gap within the consumer markets that has been caused by the internal market price resistance within Vietnam, which has resulted in significantly lower robusta coffee exports from Vietnam this year and likewise, the significant rise in Vietnam stocks.
However with the prospects for a smaller conilon robusta coffee production in the coming year, one might expect that it shall similarly reduce exports of Brazil robusta coffees and a more modest overall export performance during the coming year. Making note that dedicated consumer market demand for Brazil coffees is more related to the Brazil arabica coffees that make up for a significant percentage of the blends within the southern European, Scandinavian and Japanese markets, with true demand for Brazil coffees being closer to 32 million bags per annum, rather than the volumes that have been exported over the past two years. To make one estimate in terms of assessing deficit or surplus crops in Brazil that the more accurate demand for Brazil domestic and export consumption would be something in the order of 52 million to 53 million per annum, which is a figure less than most of the early forecasts for the next 2016 new Brazil crop.
Therefore the combined exports from Brazil for the month of November were 217,702 bags or 6.91% higher than the same month last year, at a total of 3,366,826 bags. In terms of value these exports for the month of November were 125.8 million U.S. dollars or 20.16% lower than the same month last year, at a total of 498.3 million U.S. dollars. However in terms of the presently soft Brazil Real, the value of these exports in terms of domestic currency still remain a positive factor and allow for the Brazil coffee farmers to retain some degree of profitability from their coffee sales.
During the same announcement, the Brazil Coffee Exporters Association have forecast that with the exports for the year so far and with the countries weak currency having assisted to encourage active export selling, that the annual coffee exports for 2015 might possibly exceed the 36.3 million bags that were exported last year. One might comment however that included within these exports were relatively high volumes of conilon robusta coffee stocks that have assisted to fill the gap within the consumer markets that has been caused by the internal market price resistance within Vietnam, which has resulted in significantly lower robusta coffee exports from Vietnam this year and likewise, the significant rise in Vietnam stocks.
However with the prospects for a smaller conilon robusta coffee production in the coming year, one might expect that it shall similarly reduce exports of Brazil robusta coffees and a more modest overall export performance during the coming year. Making note that dedicated consumer market demand for Brazil coffees is more related to the Brazil arabica coffees that make up for a significant percentage of the blends within the southern European, Scandinavian and Japanese markets, with true demand for Brazil coffees being closer to 32 million bags per annum, rather than the volumes that have been exported over the past two years. To make one estimate in terms of assessing deficit or surplus crops in Brazil that the more accurate demand for Brazil domestic and export consumption would be something in the order of 52 million to 53 million per annum, which is a figure less than most of the early forecasts for the next 2016 new Brazil crop.
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