Brazil: Coffee Semi-annual
Brazil’s coffee production for MY 2016/17 was revised upward to 56.1 million 60-kg bags, due to better than expected Arabica coffee yields. Robusta production is significantly down for the second consecutive year as a consequence of a persistent water deficit, especially in the state of Espirito Santo, therefore pushing prices sharply higher. Coffee exports in MY 2015/16 reached the second highest historic level at 36.54 million bags.