Brazil: Coffee Semi-annual

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英文名称：

Brazil: Coffee Semi-annual

工作单位：

Office of Agricultural Affairs, Brasilia

来源地址：

https://www.fas.usda.gov/data/brazil-coffee-semi-annual-5

关键词：

Coffee;  Coffee;  Western Hemisphere;  Brazil; 

年份：

2020

出版地：

Washington, DC, USA

语种：

English

摘要：

The ATO/Sao Paulo coffee production estimate for MY 2020/21 (July-June) remains unchanged at 67.9 million 60-kg bags. Coffee traders report that both Arabica and Robusta bean size and cup quality are above the historical average. According to traders, coffee prices have remained firm for both Arabica and Robusta despite the surplus of the 2020/2021 crop and the recent appreciation in the U.S. dollar, visà-vis the Brazilian currency. ABIC reports that Brazilian household consumption will remain at a high level. However, the recovery of coffee consumption outside the home, including coffee shops, hotels, bars, and restaurants, should be slow. The coffee exports estimate for MY 2020/21 is estimated at 41.02 million bags, virtually unchanged from the previous estimate. In contrast, exports for MY 2019/20 were revised upward to 40.24 million bags, based on updated information from the industry. Stocks are estimated at 5.27 million bags, up 3.42 million bags relative to the previous MY.