Brazil’s Coffee Crop Up 35%, Second Best in 10 Years

Coffee plant in Brazil Brazil, this year, is expecting its second largest coffee crop in the last ten years, totaling 45.5 million 60-kilogram bags. The estimate was disclosed last week by the Brazilian National Food Supply Company (Conab) in its second coffee crop survey for 2008. The volume represents growth of 35% in comparison with the previous crop.

Manoel Bertone, secretary of Production and Agro-Energy at the Ministry of Agriculture, Livestock and Supply, stated that the result could have been better, had it not been for the shortage of rain, especially in September and October last year.

The positive aspect is that production next year should decrease at a lower rate than the average recorded in the last two cycles.

"The coffee crop cycle lasts two years, therefore a small crop is always followed by a very good one. As the current crop is not achieving the full potential of Brazilian coffee farming, next year's crop should not be as small as it would be expected, which after all is good news, because it makes it easier to manage public policies, and thus to control inventories for transition in a more reasonable manner," said secretary Bertone.

The Brazilian minister of Agriculture, Reinhold Stephanes, claimed that the crop next year should total around 40 million bags. Secretary Bertone asserted that consumers can rest assured, as they should have quality coffee for reasonable prices.

He assured that this year's production should be sufficient to cater to exports of 28 million bags and a domestic demand for 17 million bags, creating balance between supply and demand.

Almost 85% of national production comes from the Southeast region, led by the state of Minas Gerais (22.9 million bags), followed by the states of Espí­rito Santo (10.5 million bags) and São Paulo (4.7 million bags). Total planted area is estimated at 2.29 million hectares.

The field survey was conducted by the Conab from March 31 to April 11, when 189 technicians at the state-owned company and partnering institutions interviewed 2,750 representatives of the sector, including farmers, cooperatives, and public and private organizations.

ABr

Tags:

You May Also Like

More Jobs in Brazil Today than 1 Year Ago

Data from the Brazilian Institute of Geography and Statistics (IBGE) indicate that the employed ...

Saudi Arabia, main destination for Brazilian exports to Arab world

Brazil Exports to Arab World Grow 19% to Over US$ 1.5 Bi

Brazilian exports to the Arab countries generated over US$ 1.5 billion in the first ...

CANGAÇO E VOLANTES

With the admission of women in 1930, cangaceiros became more tolerant and less nomadic, ...

Cover of Brazilian magazine Época

With a Reality Like Ours Who Needs Yellow Journalism in Brazil?

Yellow journalism in Brazil is a waste of time because reality is already yellow. ...

WTO Meeting Will Fail If Europe Can’t Do Better, Says Brazil

The Brazilian Minister of Foreign Relations, Celso Amorim, believes that the determination of a ...

Brazil Expecting an Obama Visit in the Next Few Months

American president Barack Obama might visit Brazil before the end of the year once ...

Foreigners Don’t Pay Capital Gain Taxes on Brazil’s Bonds Anymore

Latin American stocks advanced, with Brazilian shares getting a boost from some encouraging earnings ...

At 7.5%, Brazil’s 2004 Inflation Worse than Expected

The last Focus Bulletin market survey conducted by Brazil’s Central Bank (BC) in 2004 ...

Brazil Only Loses to Chile in High Cost of Living in South America

Chile, Brazil and Uruguay have the highest cost of living in Latinamerica according to ...

500 Police from Brazil Out for Biopiracy and Animal Trafficking

To combat biopiracy, illegal transportation of wood, and international trafficking of animals, Brazil’s Federal ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`