Brazil Coffee Crop to Decline Up to 20%. in '09....Prices Could Jump
Brazil Coffee Crop to Decline Up to 20%. in '09....Prices Could Jump Save Email Print
Posted: 1:23 PM Jan 8, 2009
Last Updated: 1:23 PM Jan 8, 2009

A | A | A

Agriculture Ministry spokesman Jonas Cavalcanti says the No. 1 coffee growing nation anticipates production of 37 million to 39 million 60-kilogram (132-pound) bags, compared with 46 million in 2008.

Cavalcanti said Thursday that production drops are normal and occur every other year because of the "cyclical stress on trees."

But he said this year's drop is aggravated due to "irregular rainfall and high temperatures in some growing regions and to lower investments caused by the global financial crisis."

Cavalcanti did not know how revenue could be affected.

More Stories
A Greener Neighborhood for Janesville

Motorcyclist Dead Following Afternoon Crash

Holiday Road Side Safety Checks

Summer Energy Assistance

Massive Meatpacking Plant Fire

Riverboat Gambling Pioneer Dead

Chicago's Holiday Weekend Marred By Violence

Police Find Ton Of Pot In Truck Loaded With Paper

Post Your Comments
First Name:
Location:
Enter Comments: characters left
Email (optional):
By posting this comment I have read and agree to the Terms of Use and Privacy Policy:
You must agree to the Terms of Service to continue.
AP Online Video LC
Average Gas Price
Per Gallon
  
Prices by automotive.com