Colombia: Coffee Semi-annual
Colombian coffee production exceeded expectations as El Niño weather impacts were minimal. Post is revising projections from 12.5 to 13.3 million bags (1 bag = 60 kilograms unless otherwise noted) green bean equivalent (GBE) in marketing year (MY) 2014/15. Despite indications that El Niño drought conditions may worsen in 2016, the negative impact on production could be marginal. Thus, Post forecast for MY 2015/16 is revised upward from 12.7 to 13.4 million bags GBE.