Truck strike may cool growth in Nestle, Vina Concha exports from Chile September 3, 2020 Chilean exports of food and beverages have been disrupted by a truckers’ strike which has caused port backlogs at San Antonio. The port accounted for 28.3% of all containerized exports from Chile in the 12 months to June 30 after a 1.8% year over year increase. Strike action can cause signific... Read more →
Nestle’s Mexican exports sour as COVID-19 coffee contraction continues July 8, 2020 The government of Guatemala is withdrawing from the International Coffee Organization, citing dissatisfaction with the progress of global coffee prices which have fallen by 20.4% year to date. That’s largely been driven by COVID-19 related closures in the food service sector. Guatemala only re... Read more →
Nestlé, J.M. Smucker Mexican coffee exports grind downwards May 5, 2020 Global coffee exports cooled in March with a 3.7% year over year decline in supplies reversing a 0.1% rise in the prior three months. That was largely due to a 20.9% drop in exports from Colombia as well as a 9.1% drop in shipments from Mexico. Mexican exports have steadily declined over the p... Read more →
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