Conab report on Brazil harvest...

Brazil Arabica Coffee Crop to Drop While Robusta Output Rises

By Mario Sergio Lima and Gerson Freitas Jr.

 


Jan. 9 (Bloomberg) -- Crop seen at total 46.5m-50.2m bags for 2014 vs 49.2m bags last yr, govt’s Conab says in report by e-mail.

• Arabica coffee forecast 35.1m-37.5m bags, down from 38.3m last yr
• Robusta coffee forecast 11.5m-12.6m bags, up from 10.9m last yr
• Arabica crop to drop on less planting and investment; may be hurt by excess rain in top arabica-producing state Minas Gerais
• Robusta coffee crop to expand on higher yields, planting expansion in top robusta-producing state Espirito Santo
• NOTE: Brazil is the world’s biggest coffee grower and exporter
• NOTE: Crops are in higher-yielding half of a two-year cycle.