The Brazilian Coffee Harvest Is Forecasted to Start in May

Despite the increase in stock market prices, Brazilian coffee suppliers reported during W16 that there's no significant demand in the market, and producers are disappointed that local prices do not follow stock market prices. Major producers expect to start harvesting in May for the new crop. However, few farmers have started harvesting. In W16, the weather is dry in the coffee regions, but there is some rain in some parts of Brazil, such as Cerrado, Mogiana, and Bahia.