Vietnam: Coffee Semi-annual

  |   Attaché Report (GAIN)   |   VM2023-0070
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. In addition, Post lowered MY 2022/23 coffee production to 27.2 million bags green bean equivalent (GBE) due to unfavorable weather conditions leading to low cherry survival rates and farmers shifting production to more profitable fruit trees. Post forecasts MY2023/24 coffee exports to be 25 million bags GBE based on a drop in stocks.

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