Coffee| Global 2015-16 coffee exports and consumption were on track

Global 2015-16 coffee exports and consumption were on track to reach record highs and take a bite out of inventories, while output was forecast just slightly higher year over year. World coffee production at 150.1 million 60-kg bags in 2015-16, down 2.5 million bags from June forecast but up 600,000 bags from 2014-15.