Brazil 2022 Coffee Losses Est. at 4.5m Bags on Frost: Guaxupe
By Fabiana Batista and Marvin G. Perez
(Bloomberg) --

Losses expected for arabica coffee in the south of Minas Gerais are estimated at 3.25m bags while the state’s Cerrado may have lost 750,000 bags and Sao Paulo, 500,000 bags, said Joao Carlos Hopp Jr., commercial director at Exportadora de Cafe Guaxupe Ltda, an exporting company in Guaxupe, Minas Gerais.

NOTE: In 2020 Brazil harvested about 49m bags of arabica beans, according to Conab
In south of Minas Gerais, where most of arabica coffee is grown in Brazil, 10% of the area won’t produce in 2022, while 5% will produce at 75% potential and 5% at just 50% of potential

Co. teams flew over the main production areas in recent days to verify potential loss for 2022 arabica-coffee crop
“Our first impression is that this frost is not more severe than the last major event in 1994,” he said by phone
EARLIER: Frost Risk Returns to Coffee by End of July

NOTE: Brazil is world’s largest coffee producer, exporter; a bag weighs 60kg (132 pounds)