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Colombia's coffee crop shows revival of growth

Wednesday, May 9, 2012

Colombia, the second-largest supplier of arabica coffee beans, said the harvest rose 11 percent in April and may continue rising for the rest of this year.

Output rose to 580,000 bags from 523,000 bags in previous period, Colombia’s National Federation of Coffee Growers said in a statement yesterday.

In March, the Federation said the 2012 harvest may be as low as 7.5 million bags because of excessive rains. Last year’s harvest of 7.8 million bags was the lowest in 35 years.



Source: Bloomberg