The global coffee market will be in deficit of 800.000 60kg bags in the 2014/2015 season, by crop losses from drought in the Arabian world's largest producer, Brazil, and problems caused by fungal disease in Central America, said an official of the International Coffee Organization (ICO).
Nevertheless, the world has enough to meet the projected consumption of 146 million bags stocks, said on Friday (7/11) to Reuters the CEO of ICO, the Brazilian Roberio Oliveira Silva, during a conference in Ethiopia.