El Salvador Raises Coffee Forecasts
The National Association of the Coffe Industry increased their production estimates for the 2009-2010 harvest, from 3.5 to to 3.85 million 60-kilogram sacks.
Tuesday, July 28, 2009
With this new forecast, production would increase 17% in comparison to the previous cycle.
Producers estimate that the 2012-2013 coffee harvest will be reduced by 6%, being about 4.5 million quintals, instead of the 4.8 million quintals previously projected.
Foreign exchange earnings from exports of the aromatic 2010-11 crop will total $1,100 million.
During current 2010-11 about 1.9 million bushels (46 kilos each) are expected to be harvested, 15% less than last season.
Grain production is expected to increase from the 3.8 million in the 2014/15 harvest to 4.1 million in the current season.
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