Brazil Ships Record Amount Of Coffee With 2018-19 Crop

Brazilian farmers shipped a record 37.12 million 60-kg (132-lb) bags of green coffee in the 2018-19 crop year ended in June, 38.1% more than the previous crop, as ample supplies from all-time high output boosted trade.

According to a report from exporters association Cecafé released on Monday, June exports of green coffee totaled 2.58 million bags, or 13.6% more than in same month a year earlier.

Arabica shipments accounted for most of the exports in June with 2.19 million bags, 10% more than in June 2018, but robusta exports at 385,000 bags showed the highest growth rate, at 35% over the same month last year, the industry body said.

“We managed to boost market share both in traditional markets, such as Europe, and in new markets in Asia,” said Nelson Carvalhaes, Cecafé’s head. He said Brazil ended the 2018-19 crop with near 38% of the global coffee trade.