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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.

Coffee production in Honduras, the main producer of Central America, should reach 5 million 60-kg bags in 2014/15 (October 2014 to September 2015) season, which corresponds to an increase of 8.7% compared with the current season 2013/14 m estimated 4.6 million bags. The survey report is part of the U.S. Department of Agriculture (USDA).

World coffee exports increased by 4.6% in April compared with the same month of 2013. 10.25 million bags of 60 kg were shipped compared to 9.80 million bags in April 2013. The information is from the International Coffee Organization (ICO).

Café Africa International, a research group based in Switzerland, said that Africa should again lead the global coffee production within a decade. "I have conviction that Africa is the largest supplier of coffee to the world market, they are consuming more and more product," said the chief executive (CEO) of the organization, John Schluter, in an event in Launde, capital of Cameroon.

The effects of prolonged drought in Brazil - and the consequent increase in the price of coffee - came to European consumers. The Tchibo, leader of the roasted coffee market in countries like Germany, Austria and Poland, put flyers in supermarkets and retail outlets to report that the value of increased product Arabica this month was due to the drop in Brazilian production.

The Guatemalan coffee producers seem to be in a race of challenges on the issue of coffee rust a few years ago thanks to the uncertainties on the three varieties resistant to the fungus, which spurred officials to take a stand against the replanting now.
Outbreaks of coffee leaf rust in Central America have caused even greater losses in the Guatemala production than originally thought, said the Department of Agriculture (USDA), reducing its forecast for 2013/14 at 480.000 bags for 3,42 million bags.


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