Brazilian Coffee Perks Up, Starbucks Loses Its Taste — Panjiva


Brazilian Coffee Perks Up, Starbucks Loses Its Taste

Ags - Softs 82 Brazil 261 Cons. Staples - Food/Beverages 397 U.S. 3301

Global coffee exports continued to grow in January with a 2.1% year over year improvement. The expansion has been led by increased shipments from Brazil which climbed 20.9%, marking a rare bright spot for the Brazilian export economy. The expansion in coffee exports has been broad-based with shipments from Brazil to the EU having grown by 18.6% year over year while those to the U.S. were up 18.7% in January. The fastest growing importer in the U.S. has been Montesanto Tavares with a 52.8% rise in shipments from Brazil. Sucden’s imports increased by 10.5% while Starbucks has cut its purch...

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