IBOV 205,079.25 ▼ 0.17% IPSA 10,972.40 ▲ 0.02% IPC MEX 69,010.67 ▲ 0.12% MERVAL 3,017,221 — — COLCAP 2,521.34 ▼ 1.75% BVL PERÚ 59,664.64 ▲ 0.40% USD/BRL5.01▼ 0.39% USD/MXN18.49▲ 0.36% USD/CLP982.08▲ 0.08% USD/COP3,156▼ 0.57% USD/PEN3.44▼ 0.15% USD/ARS1,524▼ 0.02% USD/UYU40.10▲ 2.63% USD/PYG5,741▲ 3.76% USD/BOB11.62▲ 2.52% USD/DOP61.29▲ 2.83% USD/CRC448.31▲ 1.67% USD/GTQ7.64▲ 2.99% USD/HNL26.86▲ 3.09% USD/NIO36.62▲ 2.57% USD/VES879.67▼ 0.03% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 0.06% EUR/BRL5.63▼ 0.87% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 205,079.25 ▼ 0.17% IPSA 10,972.40 ▲ 0.02% IPC MEX 69,010.67 ▲ 0.12% MERVAL 3,017,221 — — COLCAP 2,521.34 ▼ 1.75% BVL PERÚ 59,664.64 ▲ 0.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Agri Business Business - Brazil

Brazil’s Coffee Harvest Sees 8% Growth in 2023

By · December 15, 2023 · 2 min read

Brazil is set to harvest over 55 million coffee bags in 2023, marking an 8% increase from 2022.

The latest estimate from Conab, Brazil’s agricultural agency, reveals a positive trend in coffee production.

This growth is mainly attributed to a surge in the Arabica variety, which is expected to witness a 6.8% increase, constituting 70.6% of the country’s overall coffee output.

In contrast, Conilon coffee production is anticipated to decline by 11.2%, contributing to 29.4% of the total national coffee supply.

Despite the usual biennial low cycle, Brazil’s coffee production in 2023 surpasses that of previous years.

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This upturn can be traced back to factors such as reduced rainfall in 2022, prolonged periods of drought, and high temperatures in key coffee-producing regions.

Brazil's Coffee Harvest Sees 8% Growth in 2023.
Brazil’s Coffee Harvest Sees 8% Growth in 2023.
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Conab notes that increased coffee production has boosted domestic supply recovery and significantly raised exports from August onward.

As we approach the end of 2023, the volume of coffee exports is expected to come close to the levels seen in 2022.

Examining the cultivation landscape, the total cultivated area has expanded by 1.8% compared to 2022, covering 1.87 million hectares.

Concurrently, the area under formation has decreased by 9.5%, reaching 361.6 thousand hectares.

This results in a nearly stable total area of 2.23 million hectares dedicated to coffee plantations in Brazil, in comparison to the 2.24 million hectares recorded in the previous year.

Total cultivated area has expanded by 1.8%

Noteworthy adjustments have taken place in São Paulo, the third-largest coffee-producing state, where older coffee plantations were eradicated at the end of 2022.

Additionally, those facing climatic challenges over the last two production cycles were also removed.

This initiative, particularly seen in the Franca region, known for its highly technified coffee cultivation, involves a tradition of radical pruning during low-yield crops.

This practice aims to enhance the productivity of coffee plantations in subsequent cycles.

The data highlights how regional methods and external influences shape Brazil’s coffee production.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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