coffee

In terms of statistics, coffee exports worldwide totalled in November, 9.21 million bags, compared with the 7.88 million recorded in the same period of 2011. In the first two months of coffee year 2012/13 (October-November 2012), exports grew by 21.2% to 18.73 million bags, compared with 15.45 million bags registered in the same period year.

Coffee production in Colombia had a strong increase in December, but the total produced by the country in 2012 was lower than the previous year. The reason was the weather unfavourable for crops and plantation renewal program that was slow to generate results.
Last month, Colombia produced 904,000 60-kilogram bags, up 23% from the 735,000 bags of December 2011, according to data released by the National Federation of Coffee Growers (Fedecafe). In 2012, the Colombian production totalled 7.74 million bags, down 1% from the total harvested a year earlier.

Coffee exports from Costa Rica increased 28% in December compared with the same period last year. Shipments of beans amounted to 100,120 60-kilogram bags. Coffee exports from Costa Rica, during the first three months of the harvest of the current crop totaled 180,730 bags, which represents a decrease of 3.7% compared to the same period of the cycle 2011/12.
The current season in the Central American country, known for its high quality beans, would produce 1.65 million bags, an estimate reduced due to an outbreak worse than expected of rust.

The Arabica coffee had a gloomy 2012 for the price, losing more than a third of its value, making it particularly in the worst commodities in New York. Coffee prices have been undermined by a strong harvest in Brazil, with a record of 50.8 million bags, including Robusta coffee, and ideas of a return to a market surplus in 2012/13.

The Vietnam’s coffee season 2012/13 should fall by about a quarter compared to the previous record registered in crop to 18.75 million bags of 60 pounds (1.1 million tons), and next season could be affected by drought, said on Tuesday an industry official.
A smaller crop in Vietnam, the largest producer of Robusta, can help support world prices even at a time when the world production in 2012/13, which should reach 147 million bags, is much higher than demand by 141 million bags according to a Reuteurs survey.

Coffee exports from India in 2011 increased 20.4% to 346,850 tonnes, mainly encouraged by the wider availability of supply and lower prices, said on Monday the country's Council of Coffee.