quinta-feira, 10 de junho de 2010

COLOMBIA – Coffee registrations slightly up in May


MILAN – According to official data, May coffee export registrations in Colombia reached 560,000 60-kilo bags slightly higher than the 557,000 bags recorded in May 2009. According to reports, coffee flows from Colombia have improved, thanks to the Mitaca crop being harvested now, but there is also a lower demand as many international buyers refuse to pay the high differentials and continue to look for alternatives suppliers.

In other news, Colombia’s weather office warned on Tuesday the nation’s coffee-growing areas may face-off with the La Niña weather phenomenon in the second half of 2010.

Colombia saw 70% to 100% less rain than usual from September to March and now coffee farms may suffer from torrential rains from La Niña, El Niño’s sister.

Colombia’s rainy seasons happen March to May and September to November, and the coming season could be particularly severe due to La Niña.

Colombian coffee production is seen recovering to 11 million 60-kg bags this year thanks to favourable weather, renewed fertilization and a crop rejuvenation program after falling to lows last year due to drought and some trees out of rotation.

The Latin American nation saw coffee output rise 17% last month versus the same period last year, marking the second monthly rise in output in more than 20 months.

Nenhum comentário:

Postar um comentário