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Friday 22 November 2024
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BREAKING NEWS – Conab cuts its estimate for the 2013/14 coffee crop

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SAO PAULO, Brazil – Brazil’s National Supply Company (Conab) has reduced by 1 million bags its estimate for coffee year 2013/14, due to a lower than expected output of Conillon coffee in the state of Espirito Santo, Brazil’s largest producer of the Robusta variety.

The estimate was revealed on the sidelines of the International Coffee Week celebrating ICO’s 50th Anniversary.

Total output was estimated at 47.54 million 60-kg bags, of which 36.66 million of Arabica and 10.88 of Robusta, against a projection of 48.59 million bags released in May.

This is still the biggest production ever recorded for a “off” year in Brazil’s biennial cycle.

Conab’s final estimate for the 2012/13 crop was of 50.83 million bags.

Here is the estimate from Conab

Conab estimate

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