Rabobank Revises Down Brazil Arabica Estimate by 1.3m Bags

By Dayanne Sousa

(Bloomberg) --

World’s biggest bean exporter is seen producing 42.7m bags of arabica coffee in the crop that will be harvested from May, analysts at Rabobank say in a report.

That compared with a previous estimate from February of 44m bags
Irregular crop conditions seen in biggest producing area in the south of Minas Gerais state
Heavy rain caused diseases to spread
Brazilian production of robusta variety seen at 23.3m bags
NOTE: A bag weighs 60kg