Vietnam Coffee Growers Expecting Record Crop in Coming Season

From www.bloomberg.com

Coffee farmers in Vietnam, the largest producer of robusta beans, are tipped to have a record crop next season after good weather favored plant development and replanting boosted yields. Local prices remain low.

Production will climb to 1.8 million metric tons in the year beginning October assuming normal weather, according to the median estimate of 15 traders and analysts surveyed by Bloomberg. That compares with 1.79 million in a survey last month and a forecast Tuesday from the nation’s agriculture ministry that output will exceed 1.8 million tons.

Read more

To Top