Coffee Harvest in Indonesia to Tumble From Record on El Nino
- Low Brazil, Indonesia crops to support robusta, Rabobank says
- Indonesian roasters to boost imports as local supplies tighten
A worker selects dried robusta coffee beans at a plantation in Central Java, Indonesia. Coffee production in Indonesia will probably drop 20 percent next year from a record as the strongest El Nino in almost two decades hurts crops in the world’s third-largest producer of robusta beans.
Photographer: Dimas Ardian/BloombergCoffee production in Indonesia will probably drop 20 percent next year from a record as the strongest El Nino in almost two decades hurts crops in the world’s third-largest producer of robusta beans.
The harvest may slide to 560,000 metric tons in the year starting April 1 from 700,000 tons this year, according to the median of estimates from six traders and analysts compiled by Bloomberg. That would be the steepest decline since the 2006-07 season, according to U.S. Department of Agriculture data.