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WEEKLY REPORT – COFFEE MARKET IN BRAZIL

Dear valued partners, Real hits new record low near R$5,97 per dollar as per political and economic crisis intensify. With all the uncertainty and Brazil’s international distrust, the credit lines here are more expensive and rare.   Despite the pandemic, the...

WEEKLY REPORT – COFFEE MARKET IN BRAZIL

Dear valued partners,   During this week, a sum of events gave support to dollar movements, hitting R$ 5,875 on Thursday, 7, another record low of Brazilian currency against the dollar.   The Selic rate, the basic interest rate of the economy, fell from...

Atlantica Coffee operations – COVID-19

Varginha, Minas Gerais, Brazil March 31, 2020   Dear valued partners,   We would like to share our perception of the ongoing situation and the impacts of COVID-19 on the coffee chain.   Brazil is in quarantine, without prediction and consensus by the...