CoffeeNetwork (New York) – As assessments continue throughout the day of impact to the coffee crop from the recent frost occurrence in Brazil, sentiment is mixed as the severity of damage that occurred.
In a report seen by CoffeeNetwork, Volcafe noted that around 30% of the coffee area in Parana was impacted by frost; 10% in West of Sao Paulo; 10% in Mogiana; and 5% in South of Minas Gerais.
Volcafe estimated about 2% loss to the potential of the 2020-2021 crop, but added that “these are initial estimates and the actual damages will be better known after a few days when we have more detailed information.”
In another report by Efico, a very different tone. Instead, in their report, they highlight that frost happens every year in many low areas in Brazil, bringing into question the validity of the photos that have been circulating these last few days.
In Cerrado, 80% of the 2019-2020 harvest is now complete and they saw no signs of damage to the newer crop.
“If anything happened it was in Paraná, São Paulo and maybe some areas in the South of Minas Gerais,” the report stated. “Difficult to verify and prove anything at this point, since it takes some days to inspect all areas, and calculate damages.”
A team from INTL FCStone has visited some areas in South Minas Gerais and the damage so far has been estimated to be under 5%. It was reported that the only major damage was seen in farms with higher risk and younger plants. In some areas in the Cerrado region visited by INTL FCStone, minor damages were seen, but less than 3%.
“It is still too early to make a proper prognosis what the full extent of the damage may be,” the INTL FCStone report noted today.
Earlier today, CEPEA also told CoffeeNetwork it was too early to determine losses and they are waiting for reports from their collaborators.
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