Tuesday, August 27, 2019

Coffee cooperatives in Brazil say that climate will affect Harvest 2020

The coffee cooperatives of Brazil stated in an unusual joint letter released on Monday (26) that the climatic conditions were negative to coffee plantations in recent months and will lead to a smaller crop than expected next year. In the communiqué, signed by 19 organizations in the sector, such as Cooxupé and Minasul, the cooperatives said that the expectations of market agents for a record harvest in 2020, when Brazil returns to a year high in its biennial production cycle, are not sustained By the conditions seen in the Cafezais. The coffee cooperatives of Brazil stated in an unusual joint letter released on Monday (26) that the climatic conditions were negative to coffee plantations in recent months and will lead to a smaller crop than expected next year. In the communiqué, signed by 19 organizations in the sector, such as Cooxupé and Minasul, the cooperatives said that the expectations of market agents for a record harvest in 2020, when Brazil returns to a year high in its biennial production cycle, are not sustained By the conditions seen in the Cafezais. Comments from organizations that represent coffee growers are generally greeted with skepticism by market participants. Coffee growers go through a difficult time, with prices close to their lowest levels in a decade. The cooperatives said in the statement that Arabica coffee feet will be particularly compromised, according to the assessments made by Agronomos.
G1 - 26/08/2019 News Item translated automatically
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