Nicaraguan coffee crop seen rising to 63 percent as yields are boosted by rains
Nicaraguan coffee output will likely rise 63 percent in the crop year ending next month, more than previously expected, after rains in the flowering period boosted yields.
Production in the current crop year will probably jump to 2.28 million 46-kilogram bags, said Conacafé, the nation’s biggest coffee-growers group.
Conacafe last year forecast output of 1.8 million bags for the current crop, up from 1.4 million bags in the previous season.
Original source: Bloomberg