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Post’s initial coffee production forecast for marketing year (MY) 2015/16 is 28.67 million 60-kg bags (bags), or 1.72 million metric tons (MMT) of green coffee beans, due to good flowering and cherry
Changing market conditions have led Post to make adjustments in dairy forecasts. Post forecasts China’s 2015 fluid milk production at 38 million tons...
Production of rice, corn, beans, and pulses is forecast to rise in MY 2014/15 and MY 2015/16, offering greater export opportunities.
Export prices declined around 1 percent in anticipation of additional sales of government stocks. The government expects to issue a new public tender in early June.
Based on preliminary data, Costa Rica’s 2014/2015 coffee crop reached 1,397,542 60 kg bags. Production was higher than previously estimated, but remained lower than the previous crop.
For Calendar Year (CY) 2015, Post revised fresh apple production downward to 640,000 MT and fresh pear production is forecast to go down to 610,000 MT.
Milk Production for New Zealand in 2015 is likely to be reduced by 2.2% from 2014 to consolidate down to 21.4 million metric tons.
The sustained trend of reducing orchard area over the last decade has come to an end over the last two years and after 2014’s 200 hectare increase now stands at 9,049ha.
The Post/New marketing year (MY) 2015/16 coffee production forecast is 3.3 million 60/kg bags.
MY 2015/16 centrifugal sugar production is forecast at 10.8 million tons, down 1.8 percent from the previous year due to low operating rates and weak domestic prices.
This biannual report, published in May and November, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in sugar.
After a record jump of milk production in 2014, the increase of output is expected to decline in 2015 due to slower export demand...