RIO DE JANEIRO, BRAZIL - The sale of coffee from the 2021/22 season, with harvest underway in Brazil, reached 40% of potential production by June 8, an advance of 6 percentage points over last month's survey, despite greater producer caution over concerns of a breakdown due to severe drought, assessed on Friday consultancy Safras & Mercado.
The percentage of sales is higher than in the same period last year when it stood at around 34% of the crop and is also well above the average of the past 5 years for this time (26%).
According to Safras & Mercado . . .