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SAO PAULO: Brazil's coffee farmers have harvested 56 percent of this season's crop through July 11, down from 58 percent at the same time last year, consultancy Safras & Mercado said in its weekly survey on Thursday.

Harvesting is slightly below last year's levels due to persistent rains and a shortage of labor in key producing regions, Safras analyst Gil Barabach told Reuters by telephone.

Brazil is expected to produce 51.1 million 60-kilogram bags of coffee this season, of which 39.6 million will be arabica beans and 11.5 million robusta, which was more affected by the harvesting delays, Barabach said.

In the south of Minas Gerais state, producers continue reporting smaller coffee beans, which may negatively affect results at the end of the season, according to the survey.

According to Safras, Brazilian producers sold 26 percent of this season's coffee harvest through July 10, compared with 32 percent at the same time a year ago.

 

Copyright Reuters, 2017

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