Tensions between local Tigray leaders and central Government that have been growing over the past few weeks came to a head this week. On Wednesday morning the Prime Minister of Ethiopia ordered the country’s military to mount an offensive to placate the Regional Government in Tigray region. This offensive comes on the wake of a […]
All Buying of cherries is ongoing in all coffee growing regions of Ethiopia. A little alarmingly prices for kg of cherry are between 20 and 25 Birr per kg cherry depending on the region; at current terminal levels differentials would start at + 3 digits… Demand for Naturals at ECX continues to outstrip supply; one […]
All Let’s discuss 20/21 Crop Development. Southern Region Sidama: we are indeed expecting a good crop and harvesting started early October. Yirgacheffe: as in Sidama we are expecting greatly improved crop in 20/21 vs 19/20, harvesting will start later in November/December. Guji: Harvesting has also started here, and Vertical Integration is very intense in this […]
The crop has started to be picked and collected in nearly all producing areas of the country, only the higher growing areas like Yrgacheffe are yet to start. Our initial thoughts of decent quantity and quality remain unchanged, below we list the cherry prices that we have heard are being paid by washing station owners […]
The weather has changed for the better in Ethiopia in recent days. It is drier and these conditions are more favourable for ripening and drying after picking. Additionally, roads that were impassable for weeks because of wet weather conditions have now become operational; we expect more coffee to move from upcountry to ECX warehouses, increasing […]
The postponed 2020 Presidential Elections are now widely believed to be happening in May of 2021; a couple of procedural hurdles have been overcome and 8 months gives everyone enough time to prepare. The Government is yet to officially announce a date but May 2021 is what most people seem to believe as likely. The […]
It is the New Year in the Gregorian Calendar, the past 12 months have been interesting, I am sure we all agree! But we do not want to go over the problems of the past, let’s take a look at our first impressions of the New Crop. Coffee is just about starting to mature in […]
Again this week’s NY action has allowed shippers to sell more; those that held out for better prices over the past weeks are finally being able to move their stocks. Many of the larger shippers are in dire straits having sold larger volumes at prices below 100 c/lb find themselves unable to cover due to […]
