24 May 2000
Growers to swamp coffee market
BRAZILIAN coffee growers are gearing up for a production increase which could swamp the world market, reports the Financial Times.
This is despite its government last week agreeing to retain exports in a bid to increase prices.
Brazils ministry of agriculture predicts that coffee production will rise from 25.6 million 60kg bags over the past decade, to around 35.4m bags for future harvests.
- Brazil coffee exports drop, FWi, 11 February, 2000
- Financial Times 24/05/2000 page 40