MILAN – In its second official estimate for domestic coffee output this year, Brazil’s Crop Supply Agency Conab pegged production at 45.56 million bags – little changed from an initial estimate in January which, at the middle of the forecast range, came in at 45.58 million bags.
However, the apparently flat figure disguised a significant upgrade in expectations for the country’s conilon, or Robusta, harvest, now seen coming in at 10.14 million bags, or a 27% year on year increase, well above the previous estimate of 8.64m-9.63 million bags.
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