Brazil exports record 4.9 million bags in October, according to Cecafé

Brazil exported 4.926 million 60-kilo bags of coffee in October, 11.6% more than in October 2023. This is a record for a single month, with the highest volume exported having been in November 2020, with 4.770 million bags. Revenue increased 62.6%, to US$ 1.393 billion, according to the Brazilian Coffee Exporters Council (Cecafé), with each bag at an average price of US$ 282.80. These values are also a record. With October's performance, Brazil increased the volume of coffee exported in the first four months of the 2024/25 crop year to 17.075 million bags, with revenue of US$ 4.529 billion. Compared to July to October 2023, there was a 17.9% increase in volume and a 58.1% increase in foreign exchange revenue. According to Cecafé, in a note, in the year to date (January to October), Brazil exported a record volume of 41.456 million bags, an increase of 35.1% compared to the amount shipped in the same period last year. Foreign exchange revenue of US$ 9.875 billion is also a record, ...