
Daily Coffee Report 8/12/26
Daily coffee report

- Coffee
By: Diana Delgado, Contractor
FNC calls on producers not to lower their guard in the renovation of coffee plantations
Bogota (Coffee Network ) - The Colombian coffee growers federation (FNC) said the area of renewed coffee plantations has decreased by 30% compared to October 25 of last year.
“Today we have some 130,000 hectares (ha) renewed (age less than or equal to 24 months) of the Colombian coffee park, when we should have carried about 168,000 ha. Coffee growers must be clear that these hectares are the ones that will respond for part of their production in 2024 and another more important part in the harvests of the years 2025 and 2026”, explained Hernando Duque, technical manager of the FNC.
FNC makes an urgent call to coffee growers not to neglect the renovation of coffee plantations, a fundamental practice to maintain young crops, which in turn translate into more productive companies. productive, competitive and profitable.
The manager recalled that the decisions that producers make today will affect the coming years, and that aging and the increase in the average age of coffee plantations implies setbacks in productivity.
The figures from the technical management reflect that the average age is once again close to 7 years.
Duque invited producers to take advantage of the good coffee prices this year to invest in the renovation of coffee plantations, since in the medium and long term this investment will translate into more productive and profitable farms.
Although October is not a month for renewal due to production cycles, coffee growers can schedule themselves now to make their renewals as soon as the main harvest is over.
According to projections, Brazil is going to have a medium-high harvest in 2023 and a high one in 2024, which could translate into an adjustment in international prices; so the call is to maintain high productivity and a good level of production in Colombia.
Coffee growers are not fertilizing because of high fertilizer prices, which were mainly imported from Russia and Belorussia. After the war between Russia and Ukraine started, Colombia replaced fertilizers from others coming from the US and African nations at a higher cost. Colombia is also importing urea from Venezuela.
Gustavo Gomez, director of the coffee exporters association, said a sharp depreciation of the Colombian peso has made more expensive fertilizers. The peso today broke the COP5,000 peso threshold, the lowest in Colombia history.
By Diana Delgado
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Daily coffee report


August 12 – Today’s focus is on inflation, with the July consumer price index data out this morning. We have this, and one more month of data, ahead of the next Federal Reserve meeting. Of course, headlines from the Middle East and the Black Sea wars also have an ongoing influence on the markets. Stock futures posted gains this morning, while the VIX traded just below 15. The dollar index traded near 99.7. Yields on 10-year Treasuries are trading near 4.66%, while yields on 2-year Treasuries are trading near 4.18%. WTI crude oil is trading near $83, while Brent trades near $88 per barrel. The grain and oilseed markets rebounded from yesterday’s losses ahead of today’s highly anticipated WASDE crop report that is due out at Noon Eastern Time.


Daily coffee report

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