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16 December 2009

BRASIL: Coffee Crop To Be "Far Lower" Than Forecast.

BLOOMBERG/
Because of heavier than normal rains, the coffee output will be “far lower” than the 55 million bags estimated by some market analysts for 2010, said Agriculture Minister Reinhold Stephanes. Coffee growers harvested 39.47 million bags of coffee this year. The crop dropped from 45.99 million bags last year.
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Labels: CONAB, Reinhold Stephanes
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