The drought has forced a prematurely end to the crushing season, which already experienced in the past fortnights performance drops of 42% compared to last year.
Zafranet.com reports that "... Sugar production in Brazil, the world's largest exporter of the raw material, is slowing rapidly due to a drought this year which will provoke an early end to the milling season in the coming weeks, said the Union of Sugarcane Industry in Brazil, Unica, on Tuesday. "
Volcafé, one of the largest traders in the world, has announced that its production will be 10% lower than the previous season, due to the effects of drought in Brazil.
After fluctuating for 4 weeks, the price of contracts with terms of one month for the arabica variety rose to $215 on April 23rd.
Honduran Sugar producers are confident that the harvest which will start at the end of November will exceed 11 million quintals of sugar produced in 2012.
This was explained Carlos Melara, executive director of the Association of Sugar Producers of Honduras (APAH).
The variety of coffee which is considered the best quality, is starting to have disadvantages compared to the robusta variety, both due to changes in consumer trends, as well as price.
This is the warning given by experts who gathered in Sao Paulo, Brazil.
Honduran producers expect that this year, exports will increase by $3 million compared to previous years.
Thanks to favorable weather conditions in the south of the country, farmers expect to obtain export revenues of between $50 and $52 million, compared with $49.4 million last year.
The proceeds of the 2012-13 harvest, which ends next June, will exceed that of the previous harvest by a million quintals.
Carlos Melara, executive director of the Association of Sugar Producers in Honduras (APAH), has guaranteed domestic consumption of seven million quintals, which represents 70% of the production.
The National Program for Sustainable Rural and Urban Development (PRONADERS) through the Post Harvest Project, is putting out to tender the purchase of 2852 metal silos for different departments.
The National Program for Sustainable Rural and Urban Development (PRONADERS) through the Post Harvest Project, in order to support the producers of basic grains with silos that will allow them to store their grain production in the departments of Santa Barbara, Francisco Morazan , Intibucá, La Paz, Copan, Lempira, Ocotepeque and el Paraíso, hereby invites potential bidders to submit bids for the supply of:
During the first half of the 2012-13 cycle, Honduran coffee exports generated $420 million in foreign exchange.
According to Victor Hugo Molina, manager of the Honduran Coffee Institute (Ihcafé), the volume of exports achieved was 2.9 million quintals, which represents 50% of what it expects to sell during 2013.
Losses caused by the rust disease in Honduras amount to 1.8 million bags, 650,000 quintals in Guatemala, 600,000 in Nicaragua, 400,000 in El Salvador, 200,000 in Costa Rica and 60,000 in Panama.
Those are the estimates of the Central American Organization of Coffee Exporters (ORCECA), who was unwilling to speculate on how much income the region would not receive because of declining exports.
$300 million will be required for pest control alone, and more than $1 billion to renovate the plantations that have been affected.
The figures which have been gathered unofficially indicated that in excess of 1.7 million quintals of coffee have been destroyed by the fungus known as rust in Honduras, Nicaragua and El Salvador.
The president of the Coffee Exporters Association of Honduras (Adecafeh), Omar Acosta says that the loss in Honduras could reach two million quintals, "The Ihcafé says that no damage has been done, butwe do not understand why they are lying. They should have a plan for the country because it is a serious problem, we all know that there is a strong impact from rust and we believe there is a damage of between 25% and 30% of the crop, which amounts to two million quintals. "
The disease is advancing steadily, with no public or private plans in place to combat the scourge, which is making its greatest appearance since the seventies.
Laprensa.com.ni reports on the destructive influence of the "Roya" blight on coffee plantations in Nicaragua, but the drama is being experienced with similar intensity throughout Central America.
Affected by the rains and a renovation program that is beginning to bear fruit, the 2012 harvest will only be 8 million bags, far from the target of 8.5 million.
Colombia reduces 2012 coffee production target and sees difficulty in achieving 2013’s
Colombia has reduced its coffee production target to 8 million 60kg bags as a result of adverse weather conditions and the crop replacement program, according to the National Federation of Coffee Growers.
After 30 days without any rain, losses are expected which will require increased imports of grain in order to supply the needs of local consumption and agribusiness.
If the dry period is prolonged until August 25, as the national weather service is predicting, about seven thousand acres of rice will be lost, said Fredy Torres, representing producers of the grain. The representative estimated economic losses of nearly $7 million.
The Brazilian coffee crop, which could amount to more than 50 million quintals of grain, could put prices back down again.
Faced with the prospect of a bumper crop of coffee in Brazil, Raul Amador Torres, a senior market analyst says, "The international price of coffee has improved a little and might be quoted at $190 per quintal, however, the trend is that it will go down again ... "
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