Brazil: Coffee Semi-annual
Link to report:
The Agricultural Trade Office (ATO)/Sao Paulo estimate for the Brazilian coffee production for Marketing Year (MY) 2022/23 (July-June) was revised downward to 62.6 million 60-kg bags, a decrease of 1.7 million bags relative to the previous estimate, due to lower output in Arabica production. Coffee exports for MY 2022/23 are projected at 36.65 million bags, down 2.4 million bags from the previous figure, due to lower trade flow as reported by the industry. Coffee prices remain steadily strong in the domestic market.
