By Isis Almeida
August 1, 2012
Harvesting
of arabica coffee in Brazil, the world’s largest producer, will end a month
later this year after rainfall delayed the start of the crop, according to
Cepea, a University of Sao Paulo research group.
Above-average
rainfall in growing regions in June delayed the start of the 2012-13 harvest
and reduced the quality of beans. Dry weather in the past 10 days has helped
accelerate pickings, Marco Antonio dos Santos, an agronomist at Sao Paulo-
based weather forecaster Somar Meteorologia, said in a report e- mailed
yesterday. More dry weather is forecast through Aug. 12, according to the
report.
“Players
surveyed by Cepea expect fieldwork to continue until September, at least,
delaying about a month in relation to the 2011 season,” Margarete Boteon, an
analyst at the researcher, said in a report yesterday. “From now on, players
expect the harvesting to step up because of the drier weather.”
About 48
percent of the 2012-13 crop under way in the South American country has been
picked in Minas
Gerais, the biggest arabica growing state, dos Santos said. In
second-ranking Sao Paulo, 55 percent of the harvest has been completed. Some 30
percent of the beans from the current season have fallen off the trees because
of rainfall, he said.
“A
significant volume of coffee beans has dropped down and lost quality because of
the rains,” Cepea’s Boteon said. “These beans are usually collected at the end
of fieldwork, as a means to reduce harvesting costs.”
Coffee
supplies available for sale are set to increase in the “short term” as the
harvest advances, she said. Local prices for arabica beans dropped 1.7 percent
to 411.08 reais ($201.51) a 60-kilogram (132-pound) bag in the week ended July
30, Cepea data showed. Arabica coffee futures traded on ICE Futures U.S. in New York slid 3.6 percent in the same period.
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To contact the reporter on this story: Isis
Almeida in London at ialmeida3@bloomberg.net
To contact the editor responsible for this
story: John Deane at jdeane3@bloomberg.net