{"id":18861,"date":"2020-09-04T13:46:18","date_gmt":"2020-09-04T16:46:18","guid":{"rendered":"http:\/\/www2.safras.com.br\/?p=18861"},"modified":"2020-09-04T13:46:18","modified_gmt":"2020-09-04T16:46:18","slug":"worldwide-coffee-shipments-fall-5-3-and-milds-are-highly-valued","status":"publish","type":"post","link":"https:\/\/dev.novo.safras.com.br\/eng\/worldwide-coffee-shipments-fall-5-3-and-milds-are-highly-valued\/","title":{"rendered":"\ufeffWorldwide coffee shipments fall 5.3%, and milds are highly valued"},"content":{"rendered":"\n<p><strong>World shipments fall 5.3%, and milds are highly valued<\/strong><\/p>\n\n\n\n<p>The ICO\nestimates global coffee production at 169.34 million bags, considering the\n19\/20 business cycle, which starts in October and ends in September. This\ncorresponds to a drop of 2.2% in comparison with the previous season, when\nproduction reached 173.10 million bags. Arabica production is estimated at\n95.99 million (-5%) and robust in 73.35 million bags (+ 1.9%). World\nconsumption is projected at 168.39 million bags on 19\/20, against 167.84 bags\non 18\/19. Advance of just 0.3%. Thus, the ICO projects a global surplus of 952\nthousand bags in 19\/20, after a surplus of 5.26 million bags in the 18\/19\nseason.<\/p>\n\n\n\n<p>Worldwide\nshipments reached 10.61 million bags in July, down 11% from the same period\nlast year. Between Oct\/2019 and Jly\/2020, world shipments total 106.59 million\nbags, down 5.3% from the same period last season, when they hit 112.58 million\nbags. Negative highlight on Central America (other milds), whose export volume\nfell by 9.7% in the period, totaling only 21.6 million bags. Shipments of\nColombian milds fell by 6.6%, and Brazilian naturals by 5.8%. The decline in\nrobusta hit 2%.<\/p>\n\n\n\n<p>In general, the flow of milds suffered\na greater impact, which resulted in firmer differentials in the world market. Lower\navailability and aggressive demand ended up supporting Colombian mild prices,\nwhich in July reached 58.37 cents above the second position on ICE Futures U.S.\nHowever, in view of the recent rally on ICE, differentials dropped to 44.53\ncents. Yet, it remains quite high. Central American milds were trading at\n+51.44 cents against ICE Futures U.S. in July, falling to +42.20 cents now in\nSeptember.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World shipments fall 5.3%, and milds are highly valued The ICO estimates global coffee production at 169.34 million bags, considering the 19\/20 business cycle, which starts in October and ends in September. This corresponds to a drop of 2.2% in comparison with the previous season, when production reached 173.10 million bags. Arabica production is estimated [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":9034,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[103],"commodity":[],"class_list":["post-18861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights-en","tag-coffee-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\ufeffWorldwide coffee shipments fall 5.3%, and milds are highly valued - SAFRAS &amp; Market<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\ufeffWorldwide coffee shipments fall 5.3%, and milds are highly valued - SAFRAS &amp; Market\" \/>\n<meta property=\"og:description\" content=\"World shipments fall 5.3%, and milds are highly valued The ICO estimates global coffee production at 169.34 million bags, considering the 19\/20 business cycle, which starts in October and ends in September. This corresponds to a drop of 2.2% in comparison with the previous season, when production reached 173.10 million bags. 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