Research
Brazil Coffee Stock Survey
Arabica stocks came in higher than expected, prompting an increase in our Brazil 2018/19 crop figure from 44m bags to 45.9m bags of arabica.
Rabobank conducted a survey among 22 clients, responsible for over half a million bags of arabica production in an area of 13,000ha.
The survey results share conclusions with larger stock surveys out there, indicating a larger-than-expected stock availability. Both company and farmer stocks came in significantly higher in March 2019 vs March 2018, prompting an increase of our 2018/19 arabica production figure of 1.9m bags, to 45.9m bags.
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