Brazil: Coffee Annual
Link to report:
ATO/Sao Paulo forecasts the Brazilian coffee production for Marketing Year (MY) 2022/23 (July-June) at 64.3 million 60-kg bags, an increase of 11 percent compared to the last crop. Although Arabica trees are on the on-year of the biennial production cycle, production should be constrained by adverse weather conditions in 2021. Robusta production, however, should benefit from above-average weather conditions and good crop management, thus resulting in an excellent output. Coffee exports for MY 2022/23 are projected at 39.05 million bags, an increase of three percent vis-à-vis MY 2021/22 due to the higher coffee supply. The shortage of containers for shipping bulk coffee, booking cancellations, cargo rollovers, and extremely high freight rates remain a challenge for the industry.
