Costa Rica 09-10 Coffee Crop Up 5%
DOW JONES NEWSWIRES
Costa Rica's coffee production in the next
2009-10 crop cycle, for which harvesting
won't start until October, is forecast to
rise 5% to 1,671,270 60-kilogram bags, the
official Costa Rican Coffee Council, or
Icafe, said Friday.
This compares to total production of
1,591,477 bags in Costa Rica's current
2008-09 cycle.
The crop cycle starts Oct. 1 and runs
through Sep. 30 the following year but
harvesting of the crop ended in April.
The forecast is the first for the next
cycle, and also represents a marginal
revision to the final output figure for the
Costa Rican 2008-09 crop, which previously
had been seen ending with production at
1.595 million bags.
The 2008-09 harvest, which ended down 15% on
the 2007-08 crop of 1.876 million bags, was
hit with a series of weather complications
that delayed the maturation and picking of
cherries and damaged output.
The final figure for the 2008-09 crop cycle
makes the harvest one of the smallest coffee
crops in Costa Rica's coffee history since
the 1960'ies, an Icafe official told Dow
Jones Newswires.
An estimated 86% of Costa Rica's total
production is sold to the export market
based on the average over the last three
years.
|
