USDA estimates Brazilian production at 69.9 million bags for 2024/25

Published 2024년 6월 28일

Tridge summary

The USDA forecasts a 7.1 million bag increase in global coffee production for 2024/25, reaching 176.2 million bags, with a predicted 1 million increase in exports. This is attributed to the recovery in Brazil and increased production in Indonesia. However, potential effects of La Niña in Brazil could pose a risk to producing areas. Meanwhile, Vietnam's production is expected to remain unchanged, and Arabica production in Colombia is projected to increase slightly. Central American and Mexican production is expected to grow to 16.6 million bags. The European Union's import forecast could increase by 2 million bags, mainly from Brazil and Indonesia, and the United States could increase its imports by 900,000 bags.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

World coffee production for 2024/25 could reach 176.2 million bags. The forecast, made by the United States Department of Agriculture (USDA) in a biannual global report published in the second half of June, therefore includes an increase of 7.1 million bags in relation to the last harvest. An increase in exports of coffee beans is also expected: 1 million more bags, totaling 42.5 million. According to the North American agency, the reasons are the recovery in Brazil and the increase in production in Indonesia. The expectation of the coffee harvest in Brazil is to reach, according to the USDA report, 69.9 million in 2024/25, with 48.2 million bags of Arabica and 21.7 million of camphor, representing increases of 7.3 % and 1.4%, respectively. The increase in Brazilian exports is estimated at 3.6 million bags. However, according to analyzes by Climatempo, there are likely effects of La Niña, whose cold waves expected for July and August increase the risk of hail in producing areas in ...

Source: Cafepoint