10/14/2015

Drought threatens Brazil coffee crop for third straight year

Brazilian coffee farms are close to suffering a third straight year of losses from drought if rain fails to arrive in the coming weeks, foiling a good start to flowering and further tightening global stocks of the commodity. After posting a very good primary flowering in mid-September, follow-up rains, which are needed to assure that young coffee buds develop and do not simply fall off the branches, have yet to materialize.