{"id":20996,"date":"2020-11-06T15:08:58","date_gmt":"2020-11-06T17:08:58","guid":{"rendered":"http:\/\/www2.safras.com.br\/?p=20996"},"modified":"2020-11-06T15:08:58","modified_gmt":"2020-11-06T17:08:58","slug":"global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice","status":"publish","type":"post","link":"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/","title":{"rendered":"Global surplus and coffee flirting again with the 100-cent level on ICE"},"content":{"rendered":"\n<p><strong>Global surplus and coffee flirting again with the 100-cent level on ICE U.S.<\/strong><\/p>\n\n\n\n<p>The ICO\nprojects the world production for 2019\/20 at 168.94 million bags, down 2.5% from\nthe previous season. Arabica production reaches 96.05 million bags (down 5% from\nthe previous season), while robusta totals 72.78 million bags (up 1.1%). World\nconsumption fell 0.9% in 2019\/20, totaling 167.59 million bags, as a result of the\ndecline in global activity due to the pandemic.<\/p>\n\n\n\n<p>The final result\nis a global surplus of 1.24 million bags. The world has accumulated a\nproductive surplus over the past few seasons. The last deficit was in 2014\/15\nseason, when production was 500,000 bags below consumption. This sequence of global\nsurpluses will cause arabica\nprices to swing more often around the level of 100 cents on ICE U.S. <\/p>\n\n\n\n<p><strong>World exports fall 4.9% to 126.9 million bags in 2019\/20 &#8211; ICO<\/strong><\/p>\n\n\n\n<p>In September,\nworld exports hit 10.16 million bags, according to the ICO. This corresponds to\nan increase of 0.16% when compared to the same period last year. So, the 2019\/20\nbusiness season ended with global shipments of 126.9 million bags, down 4.9% from\nthe previous business cycle. The biggest proportional decline was amid other\nmilds from Central America, whose total shipments reach only 25.15 million bags,\ndown 9.9% from the previous season. Individual negative highlight on El\nSalvador and Honduras, with decreases of 35% and 19%, respectively. This very\nweak performance of Central American coffees explains the relative appreciation\nof milds and also the decline in stocks certified by ICE U.S.<\/p>\n\n\n\n<p>While arabica exports fell 7% in the\n2019\/20 season, the decline in robusta shipments was only 1.4%. Brazil stands\nout as the main origin, accounting for 32% of global shipments. Following are\nVietnam, with 21% of the total, and Colombia, with 10%. Indonesia comes in\nfourth place, accounting for 5%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global surplus and coffee flirting again with the 100-cent level on ICE U.S. The ICO projects the world production for 2019\/20 at 168.94 million bags, down 2.5% from the previous season. Arabica production reaches 96.05 million bags (down 5% from the previous season), while robusta totals 72.78 million bags (up 1.1%). World consumption fell 0.9% [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":7672,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[103],"commodity":[],"class_list":["post-20996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights-en","tag-coffee-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global surplus and coffee flirting again with the 100-cent level on ICE - SAFRAS &amp; Market<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global surplus and coffee flirting again with the 100-cent level on ICE - SAFRAS &amp; Market\" \/>\n<meta property=\"og:description\" content=\"Global surplus and coffee flirting again with the 100-cent level on ICE U.S. The ICO projects the world production for 2019\/20 at 168.94 million bags, down 2.5% from the previous season. Arabica production reaches 96.05 million bags (down 5% from the previous season), while robusta totals 72.78 million bags (up 1.1%). World consumption fell 0.9% [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/\" \/>\n<meta property=\"og:site_name\" content=\"SAFRAS &amp; Market\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-06T17:08:58+00:00\" \/>\n<meta name=\"author\" content=\"sf_lessandro\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sf_lessandro\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/\",\"url\":\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/\",\"name\":\"Global surplus and coffee flirting again with the 100-cent level on ICE - SAFRAS &amp; Market\",\"isPartOf\":{\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2020-11-06T17:08:58+00:00\",\"dateModified\":\"2020-11-06T17:08:58+00:00\",\"author\":{\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/#\/schema\/person\/d2822266f470a70a2835a1ad27f49162\"},\"breadcrumb\":{\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/global-surplus-and-coffee-flirting-again-with-the-100-cent-level-on-ice\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dev.novo.safras.com.br\/eng\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global surplus and coffee flirting again with the 100-cent level on ICE\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/#website\",\"url\":\"https:\/\/dev.novo.safras.com.br\/eng\/\",\"name\":\"SAFRAS &amp; Market\",\"description\":\"The Agribusiness Ecosystem\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dev.novo.safras.com.br\/eng\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/#\/schema\/person\/d2822266f470a70a2835a1ad27f49162\",\"name\":\"sf_lessandro\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dev.novo.safras.com.br\/eng\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9788bdbedbaf095dc83343c438c6a8a110b518a39c3507a8081e1d0bb4954def?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9788bdbedbaf095dc83343c438c6a8a110b518a39c3507a8081e1d0bb4954def?s=96&d=mm&r=g\",\"caption\":\"sf_lessandro\"},\"url\":\"https:\/\/dev.novo.safras.com.br\/eng\/author\/sf_lessandro\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global surplus and coffee flirting again with the 100-cent level on ICE - SAFRAS &amp; Market","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Global surplus and coffee flirting again with the 100-cent level on ICE - SAFRAS &amp; Market","og_description":"Global surplus and coffee flirting again with the 100-cent level on ICE U.S. The ICO projects the world production for 2019\/20 at 168.94 million bags, down 2.5% from the previous season. Arabica production reaches 96.05 million bags (down 5% from the previous season), while robusta totals 72.78 million bags (up 1.1%). 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