Pepper prices rise due to supply shorfalls | Local: "However Vietnam started not only to rise prices but also to delay shipments. This fact besides bringing India back to international market as a competitive origin, allowed prices to bend to the upside of the Market.
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Thursday, March 31, 2011
Pepper prices rise due to supply shorfalls | Local
Pepper prices rise due to supply shorfalls | Local: "Brazil has been out of market for some weeks. Pepper was offered reluctantly at prices above the market and for delayed shipments such as May. Actually with very limited stocks and being almost the only source alternative to Vietnam ( slightly cheaper than India), growers and exporters were willing to obtain the maximum profit possible, considering the failure of the next June Espirito Santo crop. Brazilian prices stood at 5,000 level for around 10 days.
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Monday, March 28, 2011
Commodity Trading Tips | Pepper surges on supply crunch | 28 March 2011 | www.commodityonline.com
Commodity Trading Tips | Pepper surges on supply crunch | 28 March 2011 | www.commodityonline.com: "Pepper prices are expected to rise further as the international market is firm and supplies from Vietnam have also come down.
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Sunday, March 27, 2011
Commodity Trends: Pepper gain continues, chana, soy weaken | 27 March 2011 | www.commodityonline.com
Commodity Trends: Pepper gain continues, chana, soy weaken | 27 March 2011 | www.commodityonline.com: "Reports of brisk Chinese buying of black pepper from Vietnam and consequent firmer prices there coupled with firmer reports from the US aided the market to rise.
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Thursday, March 24, 2011
Wednesday, March 23, 2011
Tuesday, March 22, 2011
Pepper prices high on export demand - The Economic Times
Pepper prices high on export demand - The Economic Times: "- Sent using Google Toolbar"
Saturday, March 19, 2011
Obama's Latin American Tour Begins in Brazil - Fox News Latino
Obama's Latin American Tour Begins in Brazil - Fox News Latino: "Brazil stands out for its strategic and economic importance to the United States and a boom that has taken it all the way to South Florida.
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Heat Hampers Colombian Coffee Crop, Jeopardizing Supply - NYTimes.com
Heat Hampers Colombian Coffee Crop, Jeopardizing Supply - NYTimes.com: "But in the last few years, coffee yields have plummeted here and in many of Latin America’s other premier coffee regions as a result of rising temperatures and more intense and unpredictable rains, phenomena that many scientists link partly to global warming.
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Wednesday, March 16, 2011
Brazil soy boom may ease global food prices « Brazil Portal
Brazil soy boom may ease global food prices « Brazil Portal: "With more untilled arable land than any other country on earth, Brazil may be the world’s best hope for boosting global supplies to contain rising food prices, which hit a record in February for the second month in a row.
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Monday, March 14, 2011
India Show in Brazil - 11th-14th March 2011, Orissa Business News
India Show in Brazil - 11th-14th March 2011, Orissa Business News: "'Next year, Brazil will be the largest food producer in the world, which should spark the interest of the Indian government,' said the Deputy Minister.
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Saturday, March 12, 2011
Vietnam seen as “sleeping giant” in pepper production
Vietnam seen as “sleeping giant” in pepper production: "- Sent using Google Toolbar"
Even the large producers already import coffee from Brazil
Even the large producers already import coffee from Brazil
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Some of the major competitors of Brazil in world production of coffee is coming to the country to procure the commodity. Last year, for example, four of the five largest producer after Brazil, imported Brazilian coffee. According to data from the Council of Coffee Exporters of Brazil (Cecafe), Vietnam (2), Indonesia (3), Colombia (4) and India (6) together have imported 136,200 bags, 17% more than in 2009. Among the major global producers of coffee, the only one not imported from Brazil in 2009 and 2010 Ethiopia was the fifth largest producer.
Meanwhile, in the first two months of 2011, Colombia and Indonesia are among the largest global producers, countries that have imported Brazilian coffee. Together, the two purchased almost 20 million bags, virtually the same volume of the same period last year. Indonesia imported only 18,000 bags.
As a major producer and exporter, Indonesia in January sold 345,000 bags to other countries, according to data from the International Coffee Organization (ICO), but also imported, only in Brazil, 8,100 bags. In the case of Colombia, the Brazilian presence is smaller. The Latin country imported 320 bags in January, however, exported 847,800 in the period.
"The fact that major world producers are importing coffee from Brazil is a sign that the production problems that almost all of them suffered is a bit more serious than previously imagined," said Guilherme Braga, director general of Cecafé. He notes that Colombian production has not fully recovered from breaking suffered in 2008 and the rains that hit the Asian countries at the end of last year hindered the supply of the region.
In this scenario, exports from Brazil following an accelerated pace. In February, domestic shipments totaled 2.66 million bags, volume 17.6% higher than the same period last year. "This is a high volume for a month in February, because we are almost out of season. The expectation now is that the availability decrease, which will keep prices firm," says Braga.
If the volumes are astonishing, the revenue from shipments stand out even more. Driven by price appreciation, exports yielded to Brazil last month to U.S. $ 606.15 million, 70.5% more than in February 2010. Yesterday, however, prices in New York had dropped sharply, after three consecutive rises. Contracts for May closed at U.S. $ 2.8055 per pound, down 1,430 points or 4.85%.
Source: Economic Value
Friday, March 11, 2011
Commodities Technical Analysis | Pepper surges on bargain buying | March 11, 2011 11:45:00 | www.commodityonline.com
Commodities Technical Analysis | Pepper surges on bargain buying | March 11, 2011 11:45:00 | www.commodityonline.com: "Pepper surges on bargain buying
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Brazil blocks foreign govts,speculators from buying agri lands | 10 March 2011 | www.commodityonline.com
Brazil blocks foreign govts,speculators from buying agri lands | 10 March 2011 | www.commodityonline.com: "Rossi said Brazil’s output of grains – soyabeans, rice, wheat and other crops – was expected to be a record in 2010 and would be even larger this year after rains linked to the periodic Pacific cooling known as La Niña were less destructive than feared.
Brazil’s grain yield this year was expected to reach 150m-155m tonnes compared with 149m last year, Mr Rossi said. This would include a bumper soyabean crop of about 70m tonnes.
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Brazil’s grain yield this year was expected to reach 150m-155m tonnes compared with 149m last year, Mr Rossi said. This would include a bumper soyabean crop of about 70m tonnes.
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Tuesday, March 8, 2011
Commodity Crops & Weather News | US likely to face more extreme weather conditions | 05 March 2011 | www.commodityonline.com
Commodity Crops & Weather News | US likely to face more extreme weather conditions | 05 March 2011 | www.commodityonline.com: "The US is set for more of the weather extremes which have left southern parts too dry and northern areas too wet - raising worries over the revival in crop production needed to replenish thin inventories.
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Monday, March 7, 2011
Staggered sale to keep pepper prices volatile
Staggered sale to keep pepper prices volatile: "Pepper prices are likely to be volatile in the current season with Vietnamese and Indian farmers holding on to their crop.
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Thursday, March 3, 2011
Becoming a Food Importer
Becoming a Food Importer: "Becoming a U.S. food importer requires exporters in other countries to comply with our domestic import laws. Exporters must understand food import laws.
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Wednesday, March 2, 2011
Tuesday, March 1, 2011
Vietnam holds commanding position of world pepper market
Vietnam holds commanding position of world pepper market: "- Sent using Google Toolbar"
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