Safra & Mercado have reported that an estimated 95% of the new Brazil coffee crop has al- ready been harvested. Based on their forecast for a new crop of 61.10 million bags, the re- port indicates 56.20 million bags of the new crop coffee have been harvested. The coffee made up of around 22 million bags of conilon robusta coffee, for which the harvest is com- plete and approximately 34.20 million bags of arabica coffee estimated to have been harvest- ed thus far.

• Brazil’s largest coffee cooperative, Cooxupe, says the 2022 arabica production will be lower than initially expected, though a new estimate for the crop hasn’t been finished, according to Bloomberg.

• The General Statistics office of Vietnam estimated that the coffee exports for the month of August will be 6.20% lower than the same month last year, at a total of 1,833,333 bags. They said the coffee exports for the first eleven months of the current October 2021 to September 2022 coffee year to be 6.79% higher than the same period last year, at a total of 25,827,076 bags. They also said the country’s exports for the first eight months of this calendar year, will be 39.60% higher than the same period last year