Sรฃo Joao da Boa Vista, Dear Clients,
CROP 17/18 We have completed a first field survey for 17/18 cycle after extensive trip throughout both Arabica and Robusta regions. ARABICA with 13% lower than last year bumper crop, whilst ROBUSTA 5% less.
MOGIANA
After a bumper crop last year, plantations entered homogeneously in an off cycle over the whole state. Mogiana will fall deeper comparing to Garรงa and Sorocabana regions. Producers are taking advantage of the poor state of plantations to accelerate pruning and stumping.
CERRADO
It was a very good crop last year and the region felt it. Heavy pruning throughout the region. Consequently, it will be a lower cycle.
SOUTH OF MINAS
We have to split in two areas South of Minas. Hilly areas didn´t produce a lot last year and are in good conditions, but flatten areas did produce a lot and due to heavy pruning, production will fall sharply comparing to hilly areas.
ZONA DA MATA
Basically Zona da Mata is the only region with cycle inversion. Region will enjoy good crop but not as exceptional as we are hearing from other sources.
CONILLON
Weather finally improved after a very long dry period during crucial flowering period. Unfortunately it was too late for a recovery for 17/18 cycle. Region is very irregular with some good spots like FundĂŁo, Linhares, Nova Venecia, Gov. Lindemberg, however the most important areas such as Jaguare, Vila Valerio and SĂŁo Gabriel da Palha are in very bad situation. It is sad to see the extension of the damages producers are facing. We could notice a big loss in planted areas with radical stumping, heavy pruning and switches into black pepper production.
Please have a look at break down by regions:
SUL DE MINAS CERRADO ZONA DA MATA
2016/2017 16.200.000 7.000.000 6.800.000
2017/2018 13.122.000 5.313.000 7.040.000
SÃO PAULO
6.400.000
4.550.000
ESPIRITO SANTO
2.600.000 7.000.000
2.800.000 6.300.000
PARANA
1.400.000
1.400.000
BAHIA
2.400.000 800.000
2.800.000 1.200.000
200.000 30.000
250.000 30.000
1.600.000
1.650.000
MATO GROSSO GOIAS
400.000 800.000
300.000 700.000
OTHER ARABICA OTHER CONILLON
200.000 615.000
200.000 400.000
TOTAL
54.445.000
48.055.000
ARABICA CONILON
44.000.000 10.445.000
38.175.000 9.880.000
RIO DE JANEIRO
RONDONIA
With our best regards Terra Forte – Trading Desk