Coffee production to fall by 22.6%, survey says

The National Supply Company (Conab) indicated that the coffee harvest should total 48.81 million bags. The volume is 22.6% smaller than the record of the last cycle, 63.08 million bags. In the first survey made in January, the state-owned company estimated that production would be between 43.8 million and 49.5 million bags. The reasons for the drop are the negative biennial of Arabica coffee (when plants normally produce smaller fruits) and adverse weather conditions. Coffee is being harvested after the crops have faced more than two months of dry weather.

Source: Valor international