Brazil coffee harvest below normal pace at 74% of area, report finds

Credit: REUTERS/ROOSEVELT CASSIO

By comparison, the consultancy said that the five-year average for the period is 79%. The harvest is also slightly below the pace seen at this time in 2022, when it was at 75%.

Safras estimated that around 89% of robusta coffee fields have been harvested, compared with 90% at this time last year, and below the 95% five-year average for the period. Meanwhile, the arabica coffee harvest has reached 65%, just below 66% this time last year, and also below the 71% five-year average.

This year's crop, however, is larger, which partly explains a slower pace.

Safras coffee analyst Gil Barabach said that the harvest remains positive, with mostly dry weather helping both picking and drying operations.

(Reporting by Marcelo Teixeira in New York; editing by Barbara Lewis)

((marcelo.teixeira@tr.com; +1 332 220 8062; Reuters Messaging: marcelo.teixeira.thomsonreuters.com@reuters.net - https://twitter.com/tx_marcelo))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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