(Bloomberg) -- Regular rains have started to reach producing areas only this week, after crops hurt by a prolonged dryness, Carlos Augusto Rodrigues de Melo, president of nation’s top coffee co-operative Cooxupe, said in an web conference on Thursday.
• High temperatures and above-average precipitation have affected co-operative’s crops in Minas Gerais’s South, Cerrado and Sao Paulo’s Mogiana regions
• “While the co-operative will measure crop size only by January, it is clear the next year’s crop will decline significantly”
• Coffee shortage is building up as farmers have already sold most of the 2020’s harvest, he said
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