Aug. 23 (Bloomberg) -- Nicaragua’s coffee output may trail a government forecast after heavy rain and strong winds hurt the crop, said Jose Angel Buitrago, the president of Excan, an exporter group.
In the 12 months ending Sept. 30, production may be 1.53 million bags, 13 percent below a government projection in January of 1.76 million, Buitrago said yesterday in a telephone interview from Managua, the capital.
In the previous year, the nation collected 1.67 million bags, each weighing 60 kilograms, or 132 pounds, according to data from the International Coffee Organization in London. Output in the year starting Oct. 1 may be little changed from this season, Buitrago said.
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