Ending stocks are expected to rise incrementally.
The United States imports the second-largest amount of coffee beans and is forecast to increase slightly to 23.5 million bags, with top suppliers including Brazil (25%), Vietnam (18%) and Colombia (13%).
Ending stocks are forecast to rise marginally
Revised 2012/13
World production is revised up from the June estimate by 2.6 million bags to 153.3 million.
- Vietnam is up 1.6 million bags to 26.5 million on higher-than-anticipated yield.
- Colombia is raised 900,000 bags to 9.9 million on unexpected strong deliveries in the second half of the season, the highest percent of the yearly total in nearly 40 years. Weak deliveries in the first half were similar in volume to previous seasons plagued by coffee cherry borer and rust.
- World ending stocks are raised 3.5 million bags to 33.8 million.
- Vietnam is revised up 1.1 million bags to 2.0 million on larger available supplies.
- European Union is raised 500,000 bags to 11.2 million on lower-than anticipated consumption.
- Brazil is 340,000 bags higher to 7.1 million bags, offsetting lower exports.
- Colombia is raised 320,000 bags to 750,000 due to increased supplies
Source: USDA
