Brazil: Coffee Semi-annual

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Brazil: Coffee Semi-annual

ATO/Sao Paulo coffee production estimate for MY 2019/20 (July-June) was revised downward to 58 million 60-kg bags, due to lower agricultural and de-husking yields than previously projected in the Arabica growing areas. Post’s coffee export estimate for MY 2019/20 is revised downward to 35.32 million bags, due to expected lower coffee supply. The soluble coffee industry is expected to directly benefit from the Free Trade Agreement (FTA) signed last June by the European Union and Mercosur countries. The Brazilian Soluble Industry Association (ABICS) forecasts an increase of 35 percent in sales after the import tariff is removed under the FTA’s 5- year phase out period. The Ministry of Agriculture, Livestock and Supply (MAPA) successfully intervened for the coffee industry and the Brazilian government recreated the Coffee Policy Deliberative Council (CDPC) which sets policies for the sector.

Brazil: Coffee Semi-annual

Western Hemisphere, Brazil
Coffee

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