WORLD MAP
Improvement in weather conditions in Brazil is expected to improve the coffee haarvest situation.
Drop in coffee crop results could lead to shortage BRAZIL HARVESTED NEARLY 40 PER CENT LESS ARABICA COFFEE THAN LAST YEAR AND THE LEAST AMOUNT SINCE 2009 ACCORDING TO A CROP FORECAST. Brazil harvested nearly 40 per cent less arabica
as long as a day. It is alarming.”
dry weather during the harvesting.”
coffee than last year and the least amount
The Center for Advanced Studies on
On 13 August, the CEPEA/ESALQ index
since 2009 according to a crop forecast.
Applied Economics (CEPEA) surveys found
for Arabica coffee type six, which had
This loss, according to Bloomberg, is
that, until 6 August, harvesting activities
been delivered to São Paulo city, closed at
equivalent to about two thirds of US
$196.25 USD per 60-kilogram bag, up 1.4
consumption.
had only reached 70 to 80 per cent of expected output.
A survey via a European coffee roaster found
Due to the dry weather, and the lower
37 per cent of coffee consumers have been
volume of coffee to be harvested, the harvest
to CEPEA, is due to increased concerns about Brazil’s drought.
drinking more coffee per week since the
progressed favourably from July onwards.
The International Coffee Organization (ICO)
start of the Covid-19 pandemic, and 73
CEPEA stated that harvesting this year was
has been tracking this market’s recovery and
per cent of coffee drinkers report they have
late compared to previous years due to later
also projected expected shortages in Brazil.
been making coffee at home more often since it began.
crop flowering in 2020, which consequently
It estimated 33 million 60kg bags is under
delayed the crop’s development.
two-thirds of the previous year’s level. Not
A drop in coffee production could lead to
As a high volume of crops has already been
only is 2021/22 an off-year in Brazil’s biennial
a shortage.
harvested, CEPEA said that Brazilian coffee
Arabica crop cycle, but the prolonged
“There’s no line of trucks waiting to load
farmers have confirmed a crop failure for the 2021/22 season.
drought in Brazil – now reported to be the
coffee at the warehouses,” Regis Ricco, a Director at Minas Gerais-based RR
“Agents have reported harvests lower than
century – will drastically reduce the size of
Consultoria Rural, told Bloomberg.“Farmers
the expected in some areas, besides lower-
the harvest. Prices could be pushed higher
send a truck with coffee to the warehouses, and a few hours later the
grade beans,” says Cepea. “On the other
if buyers’ fears about widespread defaults
hand, this season has been marked by beans
truck is back, when normally it would take
of higher quality beverage, favoured by the
from Brazilian farmers, as reported by Reuters, come to pass.
72
Trailer Magazine NOVEMBER 21
per cent from 30 July. This price, according
worst dry spell in the country in nearly a
