Brazil: Coffee Semi-annual
Link to report:
The Agricultural Trade Office (ATO)/Sao Paulo estimate for the Brazilian coffee production for Marketing Year (MY) 2021/22 (July-June) remains unchanged at 56.3 million 60-kg bags, a significant decrease of 19 percent compared to last year’s record output of 69.9 million bags. No official forecast has been announced for the MY 2022/23 coffee production; however, the initial expectations of a record crop were undermined by the prevailing below-average rainfall volumes up to September 2021 and severe frosts that affected Arabica production growing areas in June/July. Coffee exports for MY 2021/22 are projected at 33.22 million bags, a sharp drop of nearly 12.5 million bags from all-time record exports of 45.67 million bags in MY 2020/21, due to expected lower product availability.
