on February 6, 2021, 9:43 am
We know that in 2020 it had the greatest drought and very high temperatures in the history of the main regions of Brazil. We know that there was no increase in the planted area between 2019 and 2021, on the contrary, the production area for the year 2021 will decrease a lot because the pruned area increased expressively. This way, I believe that the amount of 32.54 million bags for the arabics for the 2021 harvest is overestimated. Thus it is interesting to study in depth the real consequence of the drought, because if we manage to see in front of the real harvest of arabics in Brazil can be a great opportunity, including Vietnam and Honduras already announce smaller harvests. So the current price is quite inviting for a year that begins that indicates a tremendous deficit of world production. I invite all of us to discuss in depth this market opportunity , because the quotation in US$1,2500 is very low for the history and the moment of the coffee .
Tango has made available interesting data about Brazilian production consensus. And we should interpret this data so that we can know what is going on with the Brazilian coffee industry. In the 2019 harvest, the average was 55.12 million bags, 34.48 million bags of Arabica and 18.38 million bags of Arabica.
We know that in 2020 it had the greatest drought and very high temperatures in the history of the main regions of Brazil. We know that there was no increase in the planted area between 2019 and 2021, on the contrary, the production area for the year 2021 will decrease a lot because the pruned area increased expressively. This way, I believe that the amount of 32.54 million bags for the arabics for the 2021 harvest is overestimated. Thus it is interesting to study in depth the real consequence of the drought, because if we manage to
To see in front of the real harvest of arabics in Brazil can be a great opportunity, including Vietnam and Honduras already announce smaller harvests. So the current price is quite inviting for a year that begins that indicates a tremendous deficit of world production. I invite all of us to discuss in depth this market opportunity , because the quotation in US$1,2500 is very low for the history and the moment of the coffee .
Brazil , 2021 harvest , a great opportunity .
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