Tuesday 03 February 2009, San José, Costa Rica

 
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Costa Rica Coffee Exports Down 15%

Costa Rican coffee exports in January, the fourth month of the current 2008-09 crop cycle, fell 15% to 119,340 bags of 60 kilograms each, the official Costa Rican Coffee Institute, or Icafe, said Monday.

This compares with Costa Rican exports of 140,655 bags in January last year during the 2007-08 crop cycle (October-September), an Icafe official told Dow Jones Newswires, citing first preliminary figures for the month.

But total Costa Rican coffee exports in the first four months of the 2008-09 crop cycle from Oct. 1 through Jan. 31 were up 6.6% to 324,003 bags, from exports of 303,992 bags in the October-January period of the 2007-08 year.

Physical harvesting of Costa Rica's 2008-09 crop is now underway across the country's producing regions but harvest pace has been running about 5% behind last year, Icafe said last month.

Costa Rican coffee production in the current 2008-09 harvest cycle is now forecast to drop 2.9% to 1.822 million bags, from output in the last 2007-08 year of 1.876 million bags, Icafe said last month.

Costa Rican coffee exports in the last 2007-08 crop cycle ended up 8.1% at 1,588,660 bags, from exports of 1,469,811 bags in the 2006-07 harvest year, Icafe said last year.
 
 
 
 
     
 
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