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Brazil forecasts smaller coffee crop in 2019, maximum of 54mn bags
SAO PAULO/BRASILIA: Brazil's 2019 coffee crop is seen at between 50.48 million bags and 54.48 million bags, compared
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SAO PAULO/BRASILIA: Brazil's 2019 coffee crop is seen at between 50.48 million bags and 54.48 million bags, compared to 61.65 million bags produced in 2018, as the off-year in arabica's production cycle cuts overall output, the government said on Thursday.
In its first forecast for the new crop, government agency Conab said planted area is expected to remain stable in the world's largest producer and exporter, but it sees continuing gains in productivity at farms.