Futures Markets:

Arabica : Arabica coffee futures fell on Friday on speculative profit taking prompted by technical action.  Earlier in the week the weak US Dollar helped the market post a new 2-week high of 146.95 cents. Speculative profit taking was seen in most commodity markets, with crude oil down 1.7%, corn futures down 7%, and gold down slightly more than 2%. 

Robusta : A strange sense of calm prevails as London takes its cue from across the pond.

Currency : Sterling rose on all week, hitting its highest in nearly four weeks against the dollar, after above-forecast UK industrial output data and Bank of England policymaker comments seen as hawkish.

Futures and Currency close levels:

Physical Markets:

Brazil : Brazil coffee exporters expect to ship 27.3 million to 27.8 million 60-kg bags of green coffee in 2010, similar to the 27.34 million bags shipped in 2009, the coffee exporters' council, Cecafe, said on Monday. Last year's exports were the highest in at least five years, Cecafe data showed. Demand rose partly due to a disappointing harvest in Colombia, which sent many buyers looking for substitutes in Brazil.

Colombia : No coffee available for export except at very high levels indeed – is ths a rerun of last years crop shortage? Will it spread and affect prices of  Centrals?

Mexico :. Talks about frost damage in some coffee areas in Mexico concerned participants, after photos of frozen coffee trees taken in San Luis de Potosi and Puebla circulated. According to private sources, it is too early to estimate the damages; about 5% of the crop could be affected by the recent cold weather.

Guatemala & El Salvador : Guatemala's coffee harvest was not hurt by unusually cold weather in recent days, according to the national coffee association, while neighbouring El Salvador said its crops were also spared serious damage. Technical experts from Guatemala's coffee organization Anacafe completed an evaluation of farms around the country and found that while beans were not damaged, the harvest could be delayed.

Costa Rica : Costa Rica raised an alert level to cover a wider area around the Turrialba volcano. The 3,340- Turrialba volcano, situated in the Cartago province, 50 kilometres east of the capital city San Jose, last active in the 19th century, erupted on Tuesday, spewing ash and steam and prompting authorities to evacuate a small number of people from its slopes. The volcano is not near any major coffee production areas, though the town of Turrialba and surrounding area has many coffee plantations. During the mid-1990s as many as 1,700 growers produced coffee in Turrialba region, but the number has fallen considerably. Many farmers abandoned their coffee crops at the beginning of the last  decade when world coffee prices collapsed because of oversupply. Ash from Turrialba's last major eruption in February 1866 fell hundreds of kilometres away, reaching Nicaragua, according to the Costa Rican Volcanology and Seismology Observatory.

Lower rainfall delayed the peak harvest of Costa Rica's high-quality coffee crop by a month but the trees were not damaged and exports are expected to meet targets, the country's coffee institute said. Costa Rica's busiest harvest months are usually December and January, but lower precipitation last year delayed the plants' flowering. 

East Africa : The late onset of rain over east Africa may affect flowering of coffee trees and harvests if the downpours continue into February, an industry body said on Wednesday. Meteorologists say climate change is to blame for the delayed start of the so-called short rains over east Africa, which normally end in December but are still falling.

Kenya : The top price for Kenya's benchmark AA grade coffee at the first auction of 2010 was $415 per 50-kg bag, down from the $601 peak hit in December but still well above prices reached for most of last year. The Nairobi Coffee Exchange (NCE) said AA coffee sold at $200 to $415 per bag with an average price of $326.24 while the top price for AB grade coffee jumped to $396 at Tuesday's auction from $304 at the previous sale in mid December. 

India : Kolkata-based McLeod Russel, the world's largest tea producer, has bought James Finlay (Uganda) and its six tea estates for US$30m. The purchase of Rwenzori Tea Investments, the company owned by James Finlay, is expected to be completed by mid-January. The Ugandan company has a turnover of about $30m and produces 15m kg of tea a year. McLeod Russel, listed on the Bombay Stock Exchange, has been growing tea in India since 1869 and manages 47 tea estates in Assam, India's north- east, and six tea estates in West Bengal. The company announced plans to expand its production outside of India to 20-30% of total production in the next five years.

Droughts in India, Sri Lanka and Kenya pushed tea prices up to record levels this year. The United Nations Food and Agriculture Organisation predicts that tight global supplies should be eased by normal weather patterns in leading producer regions in 2010.

Indonesia : Indonesia's robusta coffee exports from the main growing area in the southern part of Sumatra fell 12% in December from a year ago, trade data showed on Thursday. The data showed exports via Panjang port in Bandar Lampung dropped to 18,996 tonnes in December from 21,501.71 tonnes a year before.

Indonesia's estimated coffee bean exports for 2009 rose 13%t from the previous year, partly because of carry-over stocks from 2008. Data showed exports via four main ports, which account for over 95% of nationwide shipments, amounted to a total of 494,356 tonnes in 2009, against 437,000 tonnes a year before.

ICO : World coffee consumption rose in 2009, approaching 132 million 60-kg bags, up from around 130 million in 2008, the executive director of the International Coffee Organization said on Monday. "Despite the world economic crisis that began in 2008, consumption continues to be buoyant and is likely to remain a dominant factor in maintaining firm prices," Nestor Osorio said in a monthly market review.

Consuming Country News - It may have seemed like a lofty goal: Save 40,000 paper cups from the landfill. But one coffee shop did it."We did it at noon today," said Nick Berry, who works at the Fluid Coffee Bar on the corner of 19th Avenue and Pennsylvania Street. "It was awesome." The coffee bar had been working on the goal since the beginning of 2009 and opened nonstop since 6 a.m. on Dec. 30 to make sure they met the goal within a year. Instead of using paper cups, all drinks were served in in-house mugs or travel mugs. At noon Sunday, employees served the 40,000th drink without a paper cup. "The idea was to get people more focused on sustainability," Berry said Sunday. Berry said the shop's owner, Jeff Aitken, wanted to promote sustainability by using less materials and then donating the money saved to nonprofits. An estimated 41 million coffee cups are thrown away each day, Aitken said, citing the Rocky Mountain Sustainable Living Association. Aitken will donate 5 cents from each paper cup saved to nonprofit organizations. That's $2,000 that will go to charity. "This is a big deal, not just because it has a positive impact on the environment, community and business but because it is a giant step in demonstrating how collaboration and creativity between small business and the local community can lead to positive change," Aitken said.

Tea : Kenya’s black tea production may rise as much as 10 percent in January due to the abundant rains fallen since December. Kenya Tea Development Agency, the country’s biggest grower and exporter of tea, expects its production to increase to 84 million kilograms of green leaf from 81 million kilograms a year earlier. According to a company spokesman the current rains will continue into February and translate into increased production. The only downside could be tea and coffee diseases, he added. The quality of tea leaves will not be affected by the heavy rains as long as key parameters are maintained, the spokesman also said.