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In June, world coffee exports fell 5.3% in comparison with the same period last year, totaling 10.57 million bags. In the period from Oct\/2019 to Jun\/2020, global shipments totaled 100.5 million bags, down 5.1% from the same period last season. The weaker performance of world exports stems from this season\u2019s lower production. <\/p>\n\n\n\n
The ICO estimates the world production at 168.00 million bags in 2019\/20 (Oct\/Sep), down 2.9% from the previous cycle. Consumption is projected at 169.49 million bags, 0.3% higher. Thus, the organization projects a deficit of 486 thousand bags in 2019\/20, against a surplus of 5.16 million bags in the previous season. The balance is still comfortable, even more so if we add the surplus of 6.5 million reached in 2017\/18 <\/p>\n","protected":false},"excerpt":{"rendered":"
In June, world coffee exports fell 5.3% in comparison with the same period last year, totaling 10.57 million bags. In the period from Oct\/2019 to Jun\/2020, global shipments totaled 100.5 million bags, down 5.1% from the same period last season. The weaker performance of world exports stems from this season\u2019s lower production. The ICO estimates […]<\/p>\n","protected":false},"author":7,"featured_media":9027,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[],"commodity":[],"class_list":["post-17785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights-en"],"acf":[],"yoast_head":"\n