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MY2024/25 coffee production is forecast at 29 million bags green bean equivalent (GBE) as higher coffee prices encourage coffee farmers to invest more in production, helping to stabilize production.
FAS/Managua anticipates coffee production in marketing year 2024/25 to rebound to 2.6 million 60-kilogram bags, as a return to average precipitation levels should support historical average yields.
MY 2023/24 coffee production is lowered 3.8 million bags to 27.5 million bags due to unfavorable weather conditions as a result of climate change and El Nino climate patterns.
Post revised its Vietnam marketing year 2022/2023 (MY 2022/23) coffee production estimate down to 29.750 million bags, green bean equivalent (GBE), based on lower yields, high production costs, and a drop in cultivation area.
FAS/Managua projects Nicaraguan Arabica coffee production to remain mostly flat in marketing year 2023/24 at 2.46 million 60-kilogram bags, reflecting successive years of sub-optimal fertilizer application dating back to 2020 when fertilizer prices rose amid global supply chain disruptions and new taxes on agricultural inputs.
Post revises its estimate of Vietnam marketing year 2022/2023 (MY 2022/23) coffee production down to 30.22 million bags, green bean equivalent (GBE), due to lower yields, despite abundant rainfall that supported the flowering and cherry setting stages.
Post revised the Vietnam marketing year 2021/2022 (MY 2021/22) coffee production estimate up to 31.58 million bags, green bean equivalent (GBE), on higher yield. Post revised MY 2021/22 exports up to 27 million bags thanks to increased exports in the first quarter of 2022, potentially steady demand, and the possibility of logistics improvements.
FAS/Managua projects marketing year 2022/23 coffee production unchanged from the previous year at 2.7 million 60-kilogram bags, as political and economic turmoil in Nicaragua are expected to continue limiting investment in the sector despite strong export prices for the marketing year 2021/22 crop.
Posts revised its forecast of Vietnam coffee production for marketing year 2021/2022 (MY21/22) up to 31.1 million bags, green bean equivalent (GBE), on improved weather conditions that supported yields.
Coffee production in marketing year (MY) 2020/2021 experienced a 15 percent drop compared to the previous year.
Posts forecasts Vietnam coffee production for marketing year 2021/2022 (MY21/22) at 30.83 million bags, green bean equivalent (GBE), on improved weather conditions and irrigation that support yields.
Posts revised Vietnam’s coffee production for marketing year 2020/2021 (MY20/21) down to 29 million bags, green bean equivalent (GBE), lower than the USDA official number, based on unfavorable...