– The data from the field indicate excellent yields this year, and the USA could exceed the projections, the Agency of Reuters Jonas Ferraresso, advises the farmers there, adding that all the numbers so far indicate that it could be a record good season.
From Cooperative Cooabriel – the largest for the cultivation of the Cae Conilon in Brazil – they are currently at the peak of harvest in the southeastern province of Espirito Santo. According to the president of the cooperative, Luiz Carlos Bastianella, so far, about a quarter of this year’s harvest has been completed. According to the Stonex’s department store, until 26. May, about 23.4 percent of the year-round expected yield of Robust in Brazil in 2025 were encouraged.
– That is why we can now expect that this year will be quite larger than that of 2022. year, and the Bastianello would be given to produce more than 17 million coffee bags, every heavy 60 kilograms, the finances transmitted.
During the last larger harvest, from 2022, the breeders collected about 16 million 60-kilogram bags, which means that the final yield of this year could be 6 percent, or for about 60,000 tons, greater. Unusually abundant precipitation in that region in the middle of this year’s harvest do not represent any problem, and they point that the next year the harvest could be good.
Meanwhile, coffee prices are a decline, says Fernando Maximiliano, a coffee market manager from the Broker’s house Stonex in Brazil.
– Prices of Robusta Cafe in the last few weeks are in a significant decline. It’s already a sign that this new harvest arrives, Maximilian said.
Last week, the price of Robusta Cafes in the International Market Ice fell to the lowest level in the last five and a half months, the price of 4,550 US dollars for a ton.
Due to the potentially record uroda, the US is growing pressure on Robusta breeders, who are busy harvesting, because they want to sell a yield before the costs of class fall.
– Currently, breeders are worried so that this increased offer of coffee market could affect prices in the coming months, Maximiliano concludes.
Those who deal with coffee shops say that this development of events will most likely impact the sales prices, because the crisis with coffee has been going on for a while, since pandemic, and especially from historical bad harvest 2022. Years. According to them, it will take more time for the market to stabilize.
(Vijesti.ba)
