Lower coffee production is forecast
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CTA. 2003. Lower coffee production is forecast. Agritrade, July 2003. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/52458
The USDA is forecasting lower world coffee production in 2003/04, with a...
The USDA is forecasting lower world coffee production in 2003/04, with a reduction of some 13% as a result of declines in production in Brazil. Coffee supplies for 2003-04 are forecast to be down 6% over 2002/03 as stocks are drawn down to make up the shortfall. Comment: It remains to be seen what impact this will have on the coffee price, given the size of the stocks overhanging the market.