Arabica Coffee Exports Down 4.8%

With 30 days left until the end of the 2013/2014 harvest, sales from El Salvador, Nicaragua, Guatemala and Costa Rica are lower than in the previous crop by 56%, 12%, 15% and 10%, respectively.

Monday, September 29, 2014

South American producers in Colombia and Peru were the only ones who achieved positive results in sales of the current crop, with growth in the harvest in respect to 2012/2013 of 22% and 5.5%, respectively.

According to information from the National Coffee Association (Anacafé), "... exports from Colombia, Mexico, El Salvador, Guatemala, Honduras, Nicaragua, Costa Rica, Peru and Dominican Republic from October 2013 to August 2014 totaled 25.6 million bags each weighing 60 kilos, while in the same period of the previous crop there were 26.9 million bags, which is 1.3 million fewer bags." reports that "... Sales of the grain from the October 2012 September 2013 harvest ended up being 28.8 million bags. "

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International prices deepened their fall in July in response to the devaluation of the real in Brazil, reaching the lowest level in the last 18 months.

From the monthly report by the International Coffee Organization:

The coffee market registered further decreases in July with prices reacting to the depreciation in the Brazilian exchange rate, which dropped to a 12-year low against the US dollar.

Colombian Coffee Production Up 8%

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The production of soft washed Arabica coffee for the last twelve months reached 12.3 million bags weighing 60 kilos, 8% more than the 11.5 million bags produced in the corresponding previous period.

From a statement issued by the National Federation of Coffee Growers in Colombia:

Costa Rica's Coffee Exports Down 9%

January 2015

In the 2013/2014 harvest, 85% of the total coffee production was exported, equivalent to 1.6 million bags, 9% less than in the previous harvest.

As expected, the impact of the plague of rust in plantations is the main factor behind the drop in exports.

A report by ICAFE notes that "...