Economic Calendar

Wednesday, December 16, 2009

Brazil Says Coffee Crop to Fall Less Than Expected in 2009

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By Katia Cortes

Dec. 16 (Bloomberg) -- Coffee output in Brazil, the world’s biggest producer, will fall less than previously expected, the Agriculture Ministry said.

Coffee growers will harvest 39.47 million bags of coffee this year, down from a September estimate of 39 million bags, the ministry’s stockpiles agency, known as Conab, said today in a statement. The crop will drop from 45.99 million bags last year.

A bag of coffee weighs 60 kilograms (132 pounds).

To contact the reporter on this story: Katia Cortes in Brasilia at at kcortes@bloomberg.net




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