Porto Alegre, June 19, 2020 - The coffee harvest of the Brazilian 2020/21 harvest is gaining pace, but still shows delays in relation to last year and normal average. According to a survey by SAFRAS & Mercado, the harvest was 34% until the 16th of June. In the previous week, the index was 27%.
As SAFRAS & Mercado estimates a record harvest in 2020/21 of 68.1 million bags of 60 kilograms, the percentage harvested is equivalent to 23.20 million bags until the 16th. The harvest is delayed in relation to last year, when 46% of the harvest was harvested in this period. Work is also lagging behind the average of the last 5 years, which is 38%.
According to SAFRAS & Mercado consultant, Gil Barabach, the harvesting work gained a little more intensity. But even so, they are still lagging behind the same period last year. "The size of the crop (record), especially, but also the coronavirus protocol contribute to the slow pace of work", he says.
In the case of arabica, the harvest reaches 26% of the harvest, against 38% at the same time last year and 29% on the average of the last 5 years. And the highlight is the good progress in the conilon harvest, which reaches 54% of production. Even so, it remains well below the same period last year (62%) and also the average of the last 5 years (65%).
Brazilian exports of coffee beans in June reached 1,107,152 60-kilogram bags in the month to the 14th, with nine business days computed (daily average of 123,017 bags), with revenue reaching US $ 135.240 million (average daily rate of US $ 15.026 million), and an average price of US $ 122.15 per bag.
The average daily revenue obtained from coffee bean exports in June is 11.06% lower compared to the daily average of June 2019, which was out of US $ 16.895 million. The average daily volume shipped is 17.29% lower than that of June 2019, which had a record of 148,727 daily average bags. The information comes from the Foreign Trade Secretariat (Secex).
Lessandro Carvalho (email@example.com) / Agência SAFRAS
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