Colombia’s coffee crop may be below 7 million bags
Monday, April 23, 2012
Coffee production in Colombia, the world’s second-biggest arabica grower, may be less than 7 million bags in the current season because of rainstorms, said Volcafe.
“There is a more generally accepted consensus of a 2011-12 harvest below 7 million bags,” the unit of commodities trader ED&F Man Holdings said. “The rains continue to cause problems for coffee moisture management in post-harvesting.”
The Colombian coffee harvest has failed to recover since wet weather reduced output by 32 percent in the 2009 calendar year.