Brazil: Coffee Annual

Post forecasts the Brazilian coffee production for Marketing Year 2023/24 (July-June) at 66.4 million 60-kg bags, an increase of 3.8 million bags compared to the previous crop. Post forecasts arabica production at 44.7 million bags, an increase of 12 percent from the previous season due to favorable weather conditions in growing regions. Post forecasts robusta production at 21.7 million bags, a 5 percent decrease from the previous season due to a decrease in productivity caused by weather conditions in Espirito Santo. Coffee exports for 2023/24 are forecasted at 45.35 million bags, an increase of twenty six percent relative to the previous season due to available supplies.