The Latest Breaking News from Deficit

Sep arabica coffee (KCU23 ) this morning is up +1.55 (+0.96%), and Sep ICE robusta coffee (RMU23 ) is up +12 (+0.46%). Coffee prices this morning shook off early losses and are moderately higher. Strength in the Brazilian real sparked short covering in coffee futures. The real (^USDBRL ) is...

SPSR Nellore district experienced light-moderate rain due to active southwest monsoon. Roads were flooded, causing protests from TDP activists. Despite June's 63% rainfall deficit, July's 76.4 mm rainfall compensated. Weathermen predict more rain in the next 48 hrs. Dagadarthi recorded 24.4 mm, Sydapuram 22.4 mm, T.P. Gudur 16.8 mm, Indukurpet…

Minister Jarkiholi directs officials to set up goshalas in drought-affected areas, build new Deputy Commissioner's office, provide two-wheelers to physically challenged people, focus on getting own buildings for Anganwadi centres, and take up awareness programmes on Gruha Lakshmi scheme. Officials report 11% rainfall deficit for June and July, no threat…

Monsoon revival in Cauvery basin brings hope of increased storage in major reservoirs, but current levels remain low. Harangi nearing full capacity of 8.50 tmc ft, KRS 17.05 tmc ft (34%), Hemavathi 19.75 tmc ft (53%), Kabini 2,275.49 ft (FRL 2,284 ft). Cumulative storage of four major dams in basin…

Gupkar Alliance leaders met J&K L-G to press for SKIMS autonomy & highlight staff shortage. Submitted memorandum to L-G, citing 50% staff deficit & lack of recruitment in 7 yrs. Raised concerns over quality of care due to shortage of manpower in SKIMS, SMHS & Children's Hospital.

Sep arabica coffee (KCU23 ) on Friday closed up +3.80 (+2.40%), and Sep ICE robusta coffee (RMU23 ) closed up +66 (+2.60%). Coffee prices Friday closed moderately higher on signs of tighter coffee supplies. ICE-monitored robusta coffee inventories on Thursday fell to a record low of 5,273 lots (data history...

Sep arabica coffee (KCU23 ) this morning is up +3.35 (+2.12%), and Sep ICE robusta coffee (RMU23 ) is up +55 (+2.17%). Coffee prices this morning are moderately higher. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices as the real today rallied to a 2-1/2 week...

Jeremy Hunt says government needs to keep fiscal discipline as it attempts to halve inflation

Sep arabica coffee (KCU23 ) on Thursday closed up +2.55 (+1.64%), and Sep ICE robusta coffee (RMU23 ) closed down -68 (-2.61%). Coffee prices on Thursday settled mixed. Arabica has support from recent heavy rain in Brazil's Minas Gerais region that may delay the country’s coffee harvest. Somar Meteorologia reported...