The news on Colombian coffee doesn’t get any better.
Exports from the second-biggest force in arabica beans, after Brazil, fell by 25% year on year in September, to 820,000 bags, according to the Federación Nacional de Cafeteros.
That took the total for the 2021-22 coffee year, on an October-to-September basis, to 11.87m bags, the worst performance in seven seasons.
The decline reflects a dip in production, which slumped by 31% year on year last month to 834,000 bags, leaving total 2021-22 output at 8.16m bags. That is the lowest total since 2013-14, when the country’s output was recovering from a replanting spree with trees resistant to the rust fungus which had dogged the country for years. (Output peaked in 1991-92, at 17.98m bags.)
Production has now fallen for a second successive coffee marketing year, in a decline blamed on excessive rains linked to the persistent La Nina.
Exports, unusually, exceeded production, suggesting a notable drawdown in Colombia’s inventories.
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