World Coffee Supply to Drop
“Nov. 17 (Bloomberg) — World coffee supply may drop by about 3.2 percent in the current season, after rainfall pared output in Brazil, Vietnam and Colombia, International Coffee Organization Executive Director Nestor Osorio said.
Global supply may fall to about 124 million bags in the year that started Oct. 1 from 128.1 million bags a year earlier, Osorio said in a telephone interview from Bogota yesterday. A bag of coffee weighs 60 kilograms (132 pounds).”
Read the full article, “World Coffee Supply May Drop to 124 Million Bags (Update2)“, at Bloomberg.com. Posted November 17.
