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Thursday, 9 January 2014

Jan 2014, coffee weather news

The well respected Climate Protection Agency in the U.S.A. has forecasted that the El Nino and La Nina phenomenon factors in the Pacific Ocean shall remain neutral for the next eight months, which would indicate no threat of either droughts or excessive rains for the Pacific Rim countries.

So this should mean that one might be safe to speculate good crops for Colombia and Indonesia for this year, which shall assist with a par Brazil crop, for good and continued overall surplus coffee supply for the year.  Albeit that within this region the forecasts from Peru and with their new crop starting in April, are for the combination of Roya or Leaf Rust and lower inputs related to unprofitable prices, might result in another relatively modest crop of around 4.3 million bags

-source Reuters 10 Jan 2014