Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
I talked at length to a friend who is part of a group of producers in the Cerrado, which has a cooperative in Monte Carmelo City .
There are few producers, but one of the elites producing coffee in the cerrado, and consequently in Brazil, since most use high technology including irrigation.
In the 2016/17 harvest they picked 560,000 sacks and this year 2017/18 should only harvest 220,000 sacks, plus 20 days they finish the harvest, including sweeping (coffee from the ground).
In principle they expected to harvest 360,000 bags, which was 65% of last year's harvest but will end with only 220,000 bags.
So a smaller harvest at 60% they harvested last year.