* July arabica coffee futures
THIS GIVES YOU INFORMATION ABOUT MARKET OF COFFEE AND COCOA (NEWS, TODAY CLOSING FORECAST, SETTLE PRICE, ETC).
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Monday, April 25, 2011
NY Coffee and cocoa market close review for today, April 25, 2011
* July arabica coffee futures
Forecast : Indonesia Vietnam and Thailand Coffee Weather today, April 25, 2011
INDONESIA
SUMMARY- Tropical showers and thundershowers the past few days, rainfallamounts 0.25-2.50+ inches (6-64+ mm). Temperatures 77-94F (25-34C).
FORECAST-
TODAY...Scattered showers and thundershowers likely, 0.10-1.25+ inches (3-32+mm). Temperatures 77-94F (25-34C).
TONIGHT...Showers diminish overnight.
Vietnam to cut coffee area but keep output stable by 2020
HANOI, April 25, 2011 - Vietnam, the world's second-largest coffee producer after Brazil, planned to cut its total coffee acreage by 13.5 percent to 480,000 hectares (1.19 million acres) while keeping output stable by the end of this decade, state-run media reported.
The area would be trimmed from 555,000 hectares, while Vietnam will aim to produce about 1.1 million tonnes, or 18.33 million 60-kg bags, of coffee a year, similar to the output of the 2010/2011 crop, the official Vietnam News Agency said.
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