Guatemala Sells 75% of Coffee Harvest

While coffee price continues to rise, Guatemalan coffee growers are confident they can cover shortages in other countries of Central America.

Tuesday, March 1, 2011


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The president of the National Coffee Association, Ricardo Villanueva, said that demand from other countries suffering shortages like Costa Rica, El Salvador and Nicaragua, could be met without problems by Guatemala, where there is an estimated existence of 100.000 quintals of high quality coffee."

The president of the Coffee Exporters Association of Guatemala (Adec), Thomas Nottebohm, said the harvest ending in September is 75% sold, leaving the remainder to be marketed at very competitive prices.

In the article by SigloXXI.com.gt, the president of Anacafé declared that the bean will be sold at market price, which according to the New York market, coffee for March and May delivery closed at $ 271.70 per quintal, $ 4 more than last session.



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More on this topic

Guatemala Reduces Coffee Export Target

March 2010

Anacafé, the country's Coffee Association, assured that exports for 2009/10 will be between 4.43 and 4.69 million quintals.

This is below the original forecast of 4.77 million quintals.

Ricardo Villanueva, president of the National Coffee Association, explained that “this downward revision happens as we expect irregular rain for the next winter… and that … some coffee growers were unable to fertilize their plantations adequately”.

Speculation Delays Coffee Sales in Guatemala

November 2010

According Anacafé, international grain buyers are delaying their purchases, waiting for prices to fall.

The international price of coffee is at record levels above $ 210 per bag. Directors of the National Coffee Association (Anacafe) explained that international buyers are expecting prices to fall and added that producers are finding it difficult to sell the product at these prices in the global market.

$1,000 million in Guatemalan Coffee

July 2011

Coffee sales abroad in the years 2011-2012 are estimated to increase by 17%.

A 17% increase in export of the harvest which begins in August and ends in October 2012, is expected by the National Coffee Association (Anacafe).

If these estimates are met it would mean that for the first time Guatemala will export the equivalent of $1,000 million worth in bags of coffee, a figure which could be achieved partly thanks to high grain prices that currently prevail internationally.

Guatemala: Record Coffee Sales

September 2011

Foreign exchange earnings from exports of the aromatic 2010-11 crop will total $1,100 million.

The $1,100 million figure, represents a 59% increase compared to the 2009-10 harvest ($ 691.4 million), according to the National Coffee Association (Anacafe).

The record revenues are the result of the excellent prices which coffee reached during the 2010/2011 production, an average of $289 per quintal.

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