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Brazil 2020 coffee crop estimate revised up to 59.6 mln 60-kg bags - IBGE - Reuters
Posted by Rajiv
on September 10, 2020, 9:41 am
Brazil's 2020 coffee crop estimate was revised up to 59.6 million 60-kg bags from a forecast of 59 million bags in August, according to government statistics agency IBGE on Thursday.
The new forecast represents a 19.4% increase from 2019 levels. IBGE also revised the estimate for Arabica coffee production in 2020 to 45 million bags, a 1.1% rise from August and the highest since records began being kept.
- Brazil 2020 coffee crop estimate revised up to 59.6 mln 60-kg bags - IBGE - Reuters - Rajiv September 10, 2020, 9:41 am
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