It has been raining in all Brazilian coffee regions since the end of 2006. The damp weather can revert the damage caused by the lack of rain that worried growers in November. However, if the rain exceeds too much the historic level, it should be a problem.
Regarding the Brazilian arabica and robusta markets, trades moved at a slow pace in this first week of the year. Last Thursday, January 11, the CEPEA/ESALQ Index (type 6, in the origin Espírito Santo state) for robusta averaged 101.74 dollars per bag of 60 kilos. For arabica type 6, delivered in São Paulo city, the Index averaged 131.47 dollars per bag of 60 kilos, down 3.84 percent over the previous Thursday.
In the first six months of the 2006/07 crop (from July to December), the Index for arabica coffee averaged 246.67 reals per bag of 60 kilos, only 0.3 inferior over the same period of the previous season (247.53 reals per bag).