Producers of many Brazilian coffee regions are wary about the hot and dry weather recorded in recent weeks, according to Cepea information. If this scenario persists, the 2019/20 coffee season could have significant impacts.
So far, the granulation of the coffee plantations in production and the new seedlings already installed in the field have been the most affected by the summer, according to agents consulted by Cepea. In the Brazilian market, liquidity remains low, due to the oscillations of the foreign market.
On Tuesday, May 5, CEPEA / ESALQ Indicator of Arabica type 6 drink lasts for the best, posted in São Paulo, closed at R $ 418.51 / bag of 60 kg, an increase of 1.9% in relation to the previous Tuesday , January 29th.
FYI, by all accounts, relief is potentially on the way and if the rains come as forecast, damage will be limited.