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CONAB estimates Brazil’s 2021 coffee crop at 48.8 million bags, down 22.6% from 2020

RIO DE JANEIRO, BRAZIL - The 2021 Brazilian coffee crop was estimated on Tuesday at 48.8 million 60kg bags, close to the highest point of the January estimate of between 43.85 million and 49.58 million bags, according to state-owned National Food Supply Company (CONAB) in its second survey for the season.

Should the estimate be confirmed, harvest in the world's largest coffee producer and exporter will drop 22.6% from last year's record 63.08 million bags, as drought cuts production of arabica beans, the main variety produced in Brazil, which in 2021 is in . . .

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