Colombia needs four years to recover coffee output
Friday, June 29, 2012
Colombia, the world’s second-largest supplier of arabica coffee, will take as many as four years to recover production in one of its top growing provinces, the chief of the region’s farmers said.
Harvests will recover “gradually” from above-average rainfall and disease that has damaged crops since 2009 in the central province of Antioquia, Luis Fernando Botero, executive director at Colombia’s National Federation of Coffee Growers.
Output nationwide will rise to about 8 million bags this year after dry weather returned, the federation’s Chief Executive Officer Luis Munoz said.
Source: Bloomberg