Brazil Coffee Production Forecast

That is still the highest in eight years and a 15.

Brazil coffee production forecast. On the supply side the international coffee organization said it was projecting a small surplus in the global supply balance for 2019 20. Coffee crops are characterized by a biennial effect in. The brazilian government on tuesday cut its forecast for this year s coffee crop to 49 million 60 kg bags down from 50 9 million bags projected in may saying drier than normal weather will hit. With global consumption forecast at a record 163 2 million bags exports are expected up in response to strong demand.

World coffee production for 2019 20 is forecast 5 4 million bags 60 kilograms lower than the previous year to 169 1 million due primarily to brazil s arabica trees entering the offyear of the biennial production cycle. World coffee production for 2020 21 is forecast 9 1 million bags 60 kilograms higher than the previous year to a record 176 1 million. Brazil is forecast to account for most of the gain as its arabica crop enters the on year of the biennial production cycle and robusta reaches record output. World markets and trade report published june 2018.

Coffee production in brazil was forecasted to reach nearly 60 million 60 kilogram bags in 2020 up from 49 3 million bags a year earlier.