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Re: Cecafe February 2020
Exports decreased by 25% as the 2019 harvest was much smaller than many analysts say. Anyway, this 2019/20 crop in Brazil was within the framework of CONAB, 49.30 million bags and the 2021 crop will be of low cycle as well, due to the bienniality of Brazil. So the harvest of 60 million bags of coffee in 2020 is relatively small.