date:Apr 29, 2016
orecast Brazilian coffee production in 2016 at 53m bags. The Brazilian coffee season is concentrated in the dry period between July and September.
Since the start of March forecasts for Brazilian production of between 49.7 and 58.1m bags.
July arabica futures settled down 3.4%, at 121.50 cents a pound, the lowest level since April 8.
Export boom
The government of Vietnam, the worlds top robusta exporter, forecast exports in April at 160,000 tonnes.
This would be 55% up year-on-year, and above ma