Colombia hopes to be able to exceed 12 million bags of arabica in 2024

Published Jun 27, 2024

Tridge summary

The coffee sector in Colombia is optimistic about the 2024 arabica harvest, expecting it to exceed 12 million bags, potentially reaching as many as 14 million. This is due in part to the positive effects of El Niño, which have helped recover the volume of coffee crops, although there has been a drop in quality. The industry is hopeful for better prices to complement the increased production levels, as the trend is towards positive prices despite the competition from other major coffee-producing countries. This could result in record harvests for Colombia, with annual productions potentially hitting their best levels in 23 years since 2015 and 2020.

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

Original content

The coffee sector is optimistic for the arabica harvest in 2024. According to Germán Bahamón Jaramillo, from the National Federation of Coffee Growers (FNC), the expectation is that the neighboring country will exceed 12 million bags in the current cycle. In recent years, with the influence of La Niña, Colombian crops have been severely affected by excessive rain and for at least a year the sector has been seeking to normalize production. According to the publication on the La Patria portal, the spokesperson stated that El Niño's performance was positive for Colombia's crops. The country has already registered a recovery in the volume of coffee, but has seen a certain drop in the quality of the drink, according to the local press. "Now the objective is to have both components in favor, also accompanied by a better price, which has also increased", he states. The president highlighted that the trend is towards positive prices for coffee, despite Colombia's more significant ...

Source: NoticiasAgricolas