In its biannual report “Coffee: World Markets and Trade” released on Friday, the Foreign Agricultural Service (FAS) of the United States Department of Agriculture (USDA) forecast world coffee production for 2016/17 to rise 2.4 million bags from the previous year to 155.7 million bags (60 kilograms) as record Arabica output in Brazil more than offsets lower Robusta production in Brazil, Vietnam, and Indonesia.
As a result, world Arabica output is expected to rebound to 60 percent of total production after being below this level the previous 5 years.
Global consumption is forecast at a record 150.8 million bags, drawing ending inventories to a 4-year low.
World exports are expected to slip from last year’s record primarily due to lower shipments from Indonesia, Vietnam, and Brazil.
Brazil’s Arabica production is forecast to jump 7.8 million bags to a record 43.9 million as yields improve.
Good blossoming between September and November 2015 was followed by ideal weather during the fruit-set and fruit development period in Minas Gerais and Sao Paulo, two regions that account for about 80 percent of output.
Robusta production is expected to drop 1.2 million bags to a 7-year low of 12.1 million due to above-average temperatures and
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