Coffee| Brazilian coffee output for 2016-2017 is seen

May 31, 2016 8:28 AM | Skymet Weather Team

Brazilian coffee output for 2016-2017 is seen below market expectations largely due to the impact of severe drought on robusta coffee crops. Forecast was below market expectations, in part due to a low robusta estimate of 12.6 million bags, down 3.9 million year-on-year, because of the impact of prolonged dry weather conditions in the main growing areas.

OTHER LATEST STORIES