Wednesday 30 November 2022

USDA revises down coffee forecast

U.S. Department of Agriculture pegs 2015/16 global coffee output at 150.1 mln bags

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WASHINGTON – The United States Department of Agriculture (USDA) – Foreign Agricultural Service released on Friday after the market close, its second “Coffee: World Markets and Trade” report for 2015. World coffee production for 2015/16 is forecast up 600,000 bags over the previous year to 150.1 million as record output in Indonesia and Honduras -as well as recovery in

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