to the increase of world consumption and to the lower production in Vietnam, Colombia and Indonesia, important producing countries. Thus, international quotes may be even more influenced by the volume harvested in Brazil.
According to agents consulted by Cepea, the USDA report was well accepted for the arabica coffee. For the robusta, however, most agents consulted by Cepea did not believe Brazil may produce 12.1 million bags this crop as estimated by the USDA.
For them, the numbers from the National Company of Food Supply (Conab) were closer to reality. According to Conab, robusta crop may total approximately 9.4 million bags.
Source: comunicaffe.com/arabica-harvesting-advances-brazil-liquidity-low/
Arabica harvesting advances in Brazil, but liquidity is low
