Tag: coffee

• Friday, April 12th 2019 - 17:32 UTC

  A leading Brazilian coffee exporter files for bankruptcy, hoping to restructure a debt of US$ 282 million

  

  Terra Forte, one of the largest Brazilian coffee exporters, has filed for bankruptcy protection in a Sao Paulo state court, lawyers for the company said. Law firm Freire, Assis, Sakamoto e Violante said Terra Forte was looking to restructure 1.1 billion reais (US$ 288.2 million) in debt.

• Tuesday, January 22nd 2019 - 10:09 UTC

  Brazilian 2019 coffee production forecasted to decline 11.5/18%

  

  Brazilian food supply and statistics agency Conab has reported that Brazil’s coffee production is expected to decline in 2019 to between 50.48 and 54.48 million bags. Conab attributes the 11.5 to 18% drop from the 61.65 million bags the agency reported for the year prior to Brazil’s coffee plants recovering from an increased output in 2018, which is affecting Arabica in particular.

• Sunday, June 19th 2016 - 10:08 UTC

  Mate and coffee fine to drink as long as they are not hot beverages, says WHO cancer agency

  

  An international Working Group of 23 scientists convened by the International Agency for Research on Cancer (IARC), the cancer agency of the World Health Organization (WHO), has evaluated the carcinogenicity of drinking coffee, mate, and very hot beverages.

• Tuesday, January 12th 2016 - 06:30 UTC

  Five cups of coffee a day good for the heart and to combat diabetes, says 10-year study

  

  A major US study has found that people who drink up to five cups of coffee daily are less likely to die from health issues such as heart disease and diabetes compared to those who don’t drink coffee at all. The 10-year study found that the more coffee people drank, the less likely they were to die early. The results were similar with people who drank decaffeinated coffee.

• Saturday, March 7th 2015 - 08:22 UTC

  Several cups of coffee a day help combat clogged arteries, say Korean scientists

  

  Drinking a few cups of coffee a day may help people avoid clogged arteries - a known risk factor for heart disease - Korean researchers believe. They studied more than 25,000 male and female employees who underwent routine health checks at their workplace.

• Friday, April 11th 2014 - 08:30 UTC

  Brazil says there is enough coffee to supply exports and domestic market

  

  Brazil has enough coffee stocks to supply exports and domestic demand this year even though a severe drought will result in a lower-than-expected harvest, the nation's coffee industry association Abic said on Thursday.

• Monday, April 25th 2011 - 07:42 UTC

  Coffee prices at highest since 1977 pushed by poor harvest and weak dollar

  

  Coffee prices topped 3 US dollars a pound in New York for the first time since 1977, as prospects of another production deficit combined with a sliding dollar to encourage fund buying.