“ Coffee Market Report
11 Dec 2019
The Coffee Exporters Association in Brazil Cecafé have reported that the countries coffee exports for the month of November were 22.1% lower than the same month last year, to total 2.8 million bags. This they say has contributed to the country’s cumulative coffee exports for the first two months of the October 2019 to September 2020 Coffee year to be 6.12 million bags.
The Coffee Exporters Association in Brazil Cecafé have indicated that Brazil harvested a smaller crop in 2019 when compared to the record crop in 2018 and due to this, supply of high-quality export-type coffees were smaller. The Brazil Government said that the 2019 harvest reached 49 million bags in comparison to the 2018 harvest which reached 61.6 million bags.”
“ Latin American exporters are having their day in the sun as the fall in their currencies lifts the price of their commodities.”
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