From agriculture.com HANOI, Nov 29 (Reuters) – Vietnam exported 70,000
Global exports of coffee fell 11% in July compared to the same month a year earlier, to 10.61 million bags, the International Coffee Organization (ICO) said on Tuesday, projecting a small surplus on the global supply balance for the 2019-20 season.
Honduran coffee exports dropped 29.6% in June from a year earlier after farmers cut production because of drought and low global prices, national coffee institute IHCAFE said on Wednesday.
Vietnam’s coffee exports in the first half of this year are expected to have increased 3.7% from a year earlier to 955,000 tonnes, and rice exports are seen up 5.6%, government data released on Monday showed.
The quality of Uganda’s coffee crop may decline in the coming months as heavy rains across the east African nation have reduced the amount of sunshine necessary for bean drying, an industry official told Reuters on Wednesday.
Brazilian coffee growers picked 13% of expected 2020 production by May 19, a slower pace than in the previous year and below the historical average for this time of the year, consultancy Safras & Mercado said in a report on Thursday.
COVID cases in Brazil have been trending higher, with several major cities extending or beginning lockdowns, including São Luis and São Paulo (where cases have been especially high). To date, though, the virus has had a limited impact on Brazil’s coffee exports—which rose 9% in April—but it’s expected to have a devastating impact on the nation’s economy in the months ahead. The fact that coffee prices were in decline for most of April, however, testifies to the virus’s limited impact on Brazil’s coffee production to date.
Vietnam, the world’s top robusta producer, exported 165,799 tonnes, or 2.76 million 60-kg bags, of coffee, in April, down 2.5% from March, customs data showed on Wednesday.
Uganda Coffee Development Authority (UCDA) said in a March 2020 report that Uganda coffee exports were 477,561 worth USD45.87M (Shs 171bn). This is higher than the 472,994 bags of coffee exported in February.
Uganda’s coffee exports grew strongly in March compared to a year earlier, figures from the regulator showed, but declined from the previous month due to a fall in prices.