Coffee production deteriorates

The United States Department of Agriculture, in its “Gain Report” issued on May 2016, accounts for the drop in production and exports of coffee from 2013.

It states that the production of Ecuador during the April 2016 to March 2017 period, which is forecast at 201,000 bags of 60 kilos of Green Bean Equivalent, will be reduced by 16,000 bags compared to the production of April 2015 to March 2016, due to the lack of investments for the rejuvenation of plantations.

Total exports in the reference period of 2016 are set to an equivalent of 595,000 bags of 60 kilos of green coffee, seriously falling to 246,000 bags, ie 29%, compared to the previous year in the same period.

Imports made by Ecuador during the 2016-2017 period are estimated at 638,000 bags, less, a lower figure than the 2015-2016 (698,000 bags, 9% less).

Source: http://expreso.ec/economia/la-produccion-de-cafe-se-deteriora-mas-DF373885