Tuesday 05 July 2022

The 2021/22 Robusta harvesting likely to gain pace in the coming weeks, says report from Cepea

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SAO PAULO, Brazil – The 2021/22 harvesting for robusta coffee has started in Rondônia in April, says the Center for Advanced Studies on Applied Economics of ESALQ at the University of São Paulo (Cepea) in its lateste report. Players surveyed by Cepea say that activities are still sluggish in most regions; however, they may gain pace in the coming weeks. A significant volume of Robusta coffee is expected to hit the market from late April to early May.

Up until the first fortnight of April, there were only a few coffee beans available to trade since producers were focused on deliveries scheduled previously.

In Espírito Santo, only some coffee growers have started to harvest because the percentage of green beans was high. Players say activities may gain pace between late April and early May, but only a few batches are likely to become available in this period, given that producers may also prioritize the delivery of batches traded before.

Between March 31 and April 15, the CEPEA/ESALQ Index for robusta type 6, screen 13, Espírito Santo State, upped 1.06%, to 452.88 BRL (80.53 USD)/bag on April 15.

CEPEA / ESALQ Index for arabica coffee up by 4.85%

Some coffee growers were concerned with the dry weather in late March/early April in most part of producing areas; however, there are no signs that this scenario might affect arabica crops.

On the other hand, the climate has favored the ripening, and the 2021/22 arabica harvesting is expected to start in the second fortnight of May in many crops. In case activities occur without problems, players expect to harvest high-quality grains, although the total volume might decrease.

Between March 31 and April 15, the CEPEA/ESALQ Index for arabica coffee (delivered to São Paulo city) increased by 4.85%, closing at 742.82 BRL (132.08 USD)/bag on April 15.

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