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This biannual report, published in June and December, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in coffee.
Honduras ranks first in Central America, third in Latin America, and sixth globally in coffee exports by volume.
In 2014/2015, coffee production reached over 2 million 60 kg bags, a 14 percent increase compared to the previous cycle.
MY15/16 production is forecast at 6.508 million bags (390,500 metric tons), slightly under the record levels expected during the previous year.
Post revises its coffee production forecast for Marketing Year (MY) 2014/15 to 29.3 million 60-kg bags (bags), or 1.76 Million Metric Tons (MMT) of green coffee beans.
According to the Indian Meteorological Department (IMD), precipitation during the 2014 southwest monsoon (June-September) was 12 percent below India’s long period average (LPA) of 886.9 mm.
Growing coffee consumption in Indonesia is transforming Indonesia’s coffee trade. Industry sources estimate that local consumption growth is outpacing production growth.
Brazilian coffee production for 2014/15 was revised upward to 51.2 million 60-kg bags, but still off 3.3 million bags from the previous year.
Colombian coffee production in marketing year (MY) 2014/15 is expected to increase to 12.3 million bags, slightly above Post’s estimate of 11.9 million bags in May 2014.
India’s 2014/15 coffee crop (Oct/Sep) is forecast at 5.1 million 60 kg bags, marginally higher than the revised MY 2013/14 estimate.