Coffee exports in Brazil fall in September and the weather is worrying

Published 2023년 10월 27일

Tridge summary

Brazil experienced a drop in coffee exports in September, with a decrease in the price of the grain as well. The volume of green Arabica coffee shipped decreased significantly compared to the previous year, while foreign sales of conilon coffee saw a significant increase due to limited global supply of Robusta and competitive pricing. Concerns about weather conditions and the need for continuous rain to prevent yield reductions in the future are also highlighted.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazil ended September with a drop in coffee exports, a timid reduction in the price of the grain and a state of attention regarding the weather conditions of crops for the coming weeks, according to a market study released by Rabobank. Last month, according to the analysis, the country exported 3.3 million bags of coffee, a drop of 10.9% compared to August and 5.3% compared to September of the previous year. The volume shipped of green Arabica coffee shrank 20.3% compared to 2022 and totaled 2.4 million bags. On the other hand, foreign sales of conilon coffee totaled 625,000 bags and registered an increase of 317% in the period. The main factors for this increase, according to Rabobank, were the limited global supply of Robusta, the greater availability of Brazilian conilon for export and the competitive price compared to other markets. The bank also points out that, despite the recent conflict between Israel and Hamas, the international fertilizer market remains stable, and the ...

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