Colombia Coffee Harvest
Colombia Coffee Warning
Sadly, there has been as very poor coffee harvest in Colombia. Suma have managed to secure about 6 months worth of FairTrade Colombian Coffee but it is not due to arrive with us before the end of March. This means that we may run short in March and April. Suma currently have four Colombian FairTrade Coffee products that are affected by this:
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The Suma sales team will be happy to advise you if your favourite coffee is in stock and can recommend similar substitutes if desired. Or contact firstname.lastname@example.org
See below a market report from Dow Jones Newswires:
(DOW JONES NEWSWIRES) Physical trading continued at slow pace this week in the Colombian cash arabica coffee market as there was no clear evidence of fresh supply reaching the market despite the approaching midcrop, traders and exporters said Friday.
The failure of Colombia’s coffee harvest to recover, after in 2009 producing one of the smallest crops in Colombia in more than 30 years, is contributing to an ongoing shortage of arabica beans in world markets.
“We are getting close to the mitaca [mid-crop] and there is still no sign of any significant improvement to production volumes so people are hesitant to do any new business,” said one trader with an exporter in Bogota.
The first of two crops in Colombia’s current 2009-10 harvest ended in December, much earlier than usual after a disappointing production that was badly affected by El Nino-related weather problems.
Harvesting of the second crop, normally the smaller one, is scheduled to start between the end of March and mid April, with the first shipments of fresh coffee expected to start reaching the markets in May.
“But although the weather may improve in time for the main harvest in October, it still looks pretty bad for the mitaca so nobody is really holding out for any recovery in the first half of the year,” said another trader in Bogota.
The comments are in contrast to those of the National Federation of Coffee Growers, or Fedecafe, which earlier this week repeated that there was hope for a significant recovery in the next four months.