Salvadoran Coffee Exports for $101.4 Million

With an average price of $130.82 per quintal, the first six months of the 2008-2009 coffee year have left an accumulation of $101.4 million.

Tuesday, April 14, 2009

The value achieved per quintal ($130.82) in this coffee year that began last October is higher when compared to last year when it reached $127.47, according to the Salvadoran Coffee Council.

Keny López Piche wrote in Laprensagrafica.com: "CSC Forecasts indicate that production of Salvadoran coffee will be reduced by at least 5% this year, equivalent to about 150 thousand quintals less than those harvested in the previous coffee year. Overall, the country expects to produce 1.85 million quintals this year."



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El Salvador: Coffee Exports Down 35%

March 2012

In the past 5 months, Salvadoran farmers produced 288,000 quintals less compared to the same period in the previous cycle.

Salvadoran coffee exports have fallen by 34.8% during this harvest (October 2011 to September 2012), while the profits from the sale of the grain are down $19 million, reported Laprensagrafica.com.

El Salvador: 139.9% Increase in Coffee Exports

October 2011

Coffee exports for the 2010-11 cycle produced revenues of $458.2 million, 139.9% higher than that generated in the previous cycle.

According to preliminary data from the Salvadoran Coffee Council (CSC), 2,260,428 quintals (bags of 46 kilos) of coffee were exported, which is 74% higher than the 1, 299,243 in the last cycle.

El Salvador: 84% of Coffee Harvest Sold

February 2011

At an average price of $ 188.71 per quintal, farmers have placed 84% of export crop for the year 2010-2011.

According to the Salvadoran Coffee Council (CSC), 1.65 million quintals have already been sold.

"In the market, the price per quintal has been quoted around $ 250 in recent weeks, however, part of current crop was negotiated when the quintal was about $ 150 in late 2009," informed the article in Laprensagrafica.com.

Production of Salvador coffee could drop by 3.7%

October 2008

The Salvadoran Coffee Council (CSC) expects a slight drop in the coffee harvest for this year.

Ricardo Espitia, director of the institution, is predicting a harvest of 2 million quintals, which would mean a decrease of 3.7%.
Up to now, they have sold 25% of the harvest (some 465,000 quintals) in the futures market at an average price of 144 dollars.

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