Nicaragua Coffee Crop Seen 63% Bigger After Rain Lifted Yields, Group Says

Nicaraguan coffee output will likely rise 63 percent in the crop year ending next month, more than previously expected, after rains in the flowering period boosted yields, a growers group said.

Production in the current crop year will probably jump to 2.28 million 46-kilogram (101-pound) bags, said Luis Osorio, technical secretary of Conacafe, the nation’s biggest coffee- growers group. Conacafe last year forecast output of 1.8 million bags for the current crop, up from 1.4 million bags in the previous season, Osorio said.

The Central American country is the world’s 12th largest coffee producer, according to the International Coffee Organization.

To contact the reporter on this story: Blake Schmidt in Granada, Nicaragua at bschmidt16@bloomberg.net

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