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Expectations of Brazil’s coffee crop in 2023 fall

Brazilian coffee growers and experts have lowered expectations for next year's coffee crop in the world's biggest producer, following predominantly negative post-bloom developments in many of the areas they oversee.

According to them, the initial expectations of an increase in production next year now seem distant, with converging perspectives for a crop similar in size to that harvested this year.

Higher production in Brazil next season was being considered by most international traders. It was one of the factors behind a recent drop in arabica coffee benchmark prices.

“We expected an increase in productivity [for 2023], but . . .

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