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Thursday, 21 April 2011

Columbian harvest news

The Colombian National Coffee Federation have reported that in the last eight years the land under coffee in the country had increased by 6%. Much of this increase has been related to new districts in the Southern coffee regions. This is aside from the past few years of an extensive support program to assist farmers to replant older farms with new higher yielding and disease resistant coffee trees. This program is projected to see the national coffee crop that prior to the past few years of weather related problems had seen annual crops of between 11 to 12 million bags, rise to over 15 million bags by 2015. Thus with the additional input of good prices over the past two years and these replanting programs and new farmers steadily coming into the industry, there is confidence that this ambitious target shall be reached.

It is perhaps more significant in terms of the fact that the Colombian crop that fell below 8 million bags in the previous coffee year and for this coffee year shall struggle to reach 10 million bags, has nevertheless seen the consumer markets learn to live with the reduced supply of Colombian coffees. Which would indicate that once the steady recovery and development of the Colombian coffee crop starts to come into play and despite the projected growth of World consumption (although in South Africa consumption has actually decreased over the last 3 years), that the combination of rising supply from Colombia and some other South and Central American producers, shall guarantee an adequate supply of fine washed Arabica coffees in the future.

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