|
|
The standstill situation for the physical market in Brazil continues.
|
|
|
The absolute lack of selling pressure from farmers feels as if harvesting had not even started yet, and not actually over 60% completed. According to local consultants Safras & Mercado, Brazil's 2005/ 06 harvest was 64% complete as of July 25th.
The Arabica coffee harvest is now 55% complete, against 47% the previous week and 52% a year before.
The Robusta crop was 88% picked [roughly 100% in Rondonia, over 90% in Espirito Santo and slower in other producing States] compared with 83% last week and 97% last year.
Frustration with fundamentals that do not mirror the reality of physical prices is the main reason for the lack of selling interest in the interior.
Coops in the key coffee growing regions of Mogiana, southern Minas Gerais and Espirito Santo report arrivals are as much as 10% smaller than expected, not only an evidence of lack of selling interest but also a good support to farmers’ complaints about the lower than expected yields for this crop year , due mainly to the low percentage of bigger screens in unprocessed coffees [bica corrida].
This adds fuel to the debate over the size of the 2005/ 06 crop year. While many roasters and exporters are forecasting up to 38 mill bags, Gov representatives predict a harvest of only 32.5 mill bags.
Exporters look forward for an eventual devaluation of the Real, but not even with the R$ rehearsal [R$ 2.50, lowest since Apr05] to go down the cliff this week, on the premises that the current political crisis may finally affect the shielded economy, was enough to favor lower FOB prices this week, when most of the devaluation was “eaten up” by farmers, thus resulting in narrower differentials while the terminals tried to break the USC 98.00/ lb support barrier in vain.
There was sporadic demand to fill in nearby shipments [Aug / Sep], with buyers following the trend of prices demanded by exporters and not the other way round.
Frost chances are literally reduced to zero now and the rains, reported as unusually off-season during this winter, were concentrated on the shoreline and scattered in the main Arabica producing regions, also drastically reducing the chances of drought this year.
The Gov sold all 20,000 bags of coffee from 1987/ 88 federal stocks it offered to local roasters on Jul 27th, with prices ranging between R$ 167.60 to 169.30 per 60 kg bag for type 6, rio and riada cup some 15% higher than the minimum prices.
This demand from roasters is also illustrative for the tight supply faced by local roasters that are still supposed to have more than 60% of their need to cover during this semester.
OFFICIAL BRAZILIAN CROP YIELDS BY CROP YEAR FROM 1961/ 62 TO 2004/ 05 :
Source: CONAB
Brazilian coffee exports as of July 27th totaled 1.241 mill bags [142,698 bags of Conilon], compared with 1.307 mill bags [133,930] in the same period in Jun05, according to preliminary figures issued by CECAFE.
PRICES REPORTED THIS WEEK [FOB]:
SANTOS 17/18 SS FINE CUP SEP- DEC SHIPT NY MINUS USC 11.00- 12.00/ LB [NEW CROP]
SANTOS MTGB SS FINE CUP SEP- DEC SHIPT NY MINUS USC 13.00- 14.00/ LB [NEW CROP]
SANTOS 17/18 SS GOOD CUP SEP- NOV 05 SHIPT NY MINUS USC 13.00- 14.00/ LB [NEW CROP]
SANTOS MTGB SS GOOD CUP SEP - NOV 05 SHIPT NY MINUS USC 15.00- 16.00/ LB [NEW CROP]
RIO MINAS 17/18 2004/ 05 CROP GREENISH FOR THE SEASON JUL05 SHIPT USD 63.00 - 64.00/ 50 KG [USD 65.00- 68.00 IF NEW CROP] AUG/ SEP SHIPT05
RIO MINAS 15/ 16 2005/ 06 [NEW] CROP AUG/ SEP 05 SHIPT USD 63.00- 64.50/ 50 KG
CON 13 UP JUL- SEP05 SHIPT LIFFE PLUS USC 2.00 - 3.00/ LB
FULLY WASHED 15UP SS FINE CUP SEP - DEC 05 SHIPT NY MINUS USC 6.00- 8.00/ LB
SEMI WASHED 15 UP SS FINE CUP SEP05- MAR06 SHIPT NY MINUS USC 10.00- 12.00/ LB
Your comments will be highly appreciated.
Best regards
Gilmar Vieira
|
|
|
|
Gloria Jean´s trains baristas on the inside with first prison COFFEE shop
|
|
|
NEWS.CO.AU - Gloria Jean's opens in prison By Simon Benson Opportunity ... a Gloria Jean's coffee counter at Dillwynia correctional centre / Jeff Darmanin ON the inside the sun may not shine, but at least there is a Gloria Jean's coffee shop to warm the spirits at Sydney's newest women's prison.
Unfortunately the prisoners won't be able to drink the product unless it's bought for them. Instead, they will be the ones making it for the guards and visitors.
It's an Australian first for a prison as well as for the corporate coffee giant, which has opened a coffee counter at Dillwynia correctional centre at Windsor, The Daily Telegraph has learned.
Its mission is to train a new army of baristas from the prison's general population, who can apply for jobs in stores on the outside when they are released.
One inmate, who will be released next month, has already applied for a job at a Gloria Jean's shop in Sydney after being trained at Dillwynia.
The prisoners are being paid 86 cents an hour by the State Government and Gloria Jean's said it had to borrow money to build the store.
But it maintained it would be run at a loss - not even making enough money to pay for the specially trained store manager.
The pay-off, claim the company's founders Peter Irvine and Nabi Saleh - both members of the Hillsong Church -- is to engage in community activities and be part of rehabilitation, providing opportunities for women who have lived hard lives.
'It's not about profit,' Mr Irvine said. 'The Gloria Jean's coffee culture is one built on family values and ethics. We want to make a difference.
'It's about giving people a future. It will equip them with work readiness skills through the experience of dealing with customers and undergoing a formal employment process.'
Justice Minister John Hatzistergos said the corporate training partnership was about trying to reduce relapses into crime.
'Studies have shown that offenders are far less likely to re-offend and return to prison if they establish themselves in the community by finding work and a suitable place to stay after release,' he said.
The NSW Opposition, however, said the pressure of staff shortages at the prison were being added to by the need to have a prison guard supervising the training on a constant basis.
'Criminals are supposed to be deprived of the certain liberties you and I enjoy, yet in this case it seems at Dillwynia, in many instances, life on the inside is as good as it gets on the outside,' Opposition justice spokesman Andrew Humpherson said.
|
|
|
|
Buy the cup: Single-serve coffee systems percolate
|
|
|
|
By Jennifer Heldt Powell - There is a revolution brewing in the coffee industry the likes of which hasn't been seen since baseball great Joe DiMaggio hawked the automatic drip coffee maker for Mr. Coffee in the 1970s: single-serve coffee machines.
No more wasted pots of coffee. No more having to brew one high octane and one decaf. No more turning to instant if you want just one cup.
``People don't want a whole pot of coffee and they want a perfect cup of coffee,'' said Jay Brewer, founder of a Web log dedicated to the single-serve phenomenon.
And they want the freedom to have French Vanilla for their first cup of coffee and French Roast for their second.
The revolution started just over a year ago when Senseo brought to the United States its single-serve coffee maker that was a hit in Europe. Since then, at least five companies have followed suit and dozens of roasters are catering to them.
Brewer, of Arlington, said consumer interest in the concept appears to be growing exponentially based on the hits at his Web log, singleservecoffee.com. He reviews machines and coffees and posts numerous reader comments.
``It's a fun topic right now because the people who are into it are super passionate,'' he said.
Keurig Inc., a Wakefield company that made single-serve machines for offices, launched a home version because of popular demand.
At first the company officials were cautious, concerned that diehard coffee drinkers had established morning coffee rituals such as grinding their own beans that they might not want to abandon.
But when given the company's machines to try, they quickly became addicted.
``Once they enjoyed the speed and convenience, they gave up their morning routines and adapted to having Keurig in the home,'' said Keurig chief Nick Lazaris.
Kraft Foods Inc. had a similar experience when testing its Tassimo Hot Beverage System, which will be released in the United States this fall.
Testers were ``heartbroken'' to give up the machines, said Kraft spokeswoman Pat Riso.
While the machines are convenient and easy to use, they do require an investment and a change in coffee-buying habits.
The machines range from about $50 to about $200. Some use pods, essentially ground coffee or tea between filters. Keurig uses K-cups, coffee or tea in small plastic cups.
The Keurig machine brews the coffee within the cup so there is less mess, Lazaris said.
Although each system is designed to work with a specific pod, they are generally interchangeable. Keurig works only with the K-cup.
Some pods are available in grocery stores, while others can be bought over the Internet.
Maxwell House, Folgers and other household names now make pods as do many of the high-end gourmet roasters.
Even Kraft's direct-mail business, Gevalia, has jumped into the craze offering a free single-serve machine with the purchase of a certain amount of pods.
The price per cup made by a single-serve machine is generally higher than one made in a drip machine. But it's less than buying one from a coffee shop, and some say it tastes just as good.
Most of the makers produce a fresh, hot cup of coffee or tea in less than one minute.
It's not clear how big the potential market is, but it could spur even more growth in the coffee industry with so many systems on the market and more on the way.
The Tassimo is made by Saeco International Group, and will be distributed by Braun, a division of the Gillette Co.
The system is different than others because it uses real liquid milk in drinks, such as cappuccino and latte. The hot drink is brewed within the proprietary T-disc, so there is less mess.
Keurig, which has two systems of its own, recently announced that it is licensing its technology to Jenn-Air, which will make a single-serve coffee maker for its highly stylized line of appliances.
The company is also looking for more retailers to distribute its machines.
|
|
|
|
|
|
|
NEWS - ENGLISH
-
quinta-feira, 28 de julho de 2005 20:05
por
