Coffee Exports to Fall by $200 million in 2012
Grain producers in El Salvador warn that the harvest will be 1.1 million quintals less this year due to a range of negative factors.
Monday, February 6, 2012
Coffee entrepreneurs in El Salvador fear that in 2012, losses from a possible reduction of the crop will reach $200 million. Negative factors such as the effect of the weather, aging of the plantations and the bi-annuality of coffee are contributing to the situation.
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Losses caused by the rust disease in Honduras amount to 1.8 million bags, 650,000 quintals in Guatemala, 600,000 in Nicaragua, 400,000 in El Salvador, 200,000 in Costa Rica and 60,000 in Panama.
Increased domestic consumption and the negative effect of the rains explain part of the decline.
Considering current crop production is down 50%, for the first time the country is studying importing the bean.
The Salvadoran Coffee Council (CSC) expects a slight drop in the coffee harvest for this year.
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