CoffeeNetwork (New York) – Brazil’s Institute of Geography and Statistics (IBGE) has revised down their forecast for Brazil’s 2019-2020 crop to 52.6 million bags, down 2.4% from last month’s estimate of 53.9 million bags. This also represents a 12.1% reduction from the 2018-2019 coffee year.
Arabica coffee is now pegged at 37.7 million bags, down 2.6% from the previous estimate and 16% lower than last coffee year.
Bahia reduced its coffee production estimate by 26.9% in relation to the previous month. Minas Gerais also reduced its production estimate by 1.9%. Coffee production in Minas Gerais expected to reach 1 26.9 million bags.
Robusta production is now pegged at 14.9 million bags, down 1.9% from the previous estimate.
In Bahia, the production estimate declined 16.7%, reaching 1.8 million bags.
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