Colombia, the world's largest producer of mild washed Arabica coffee, produced a total of 14.2 million 60-kilogram bags of coffee between January and December 2016. According to figures from the Colombian Coffee Farmers Federation (FNC), production reached 1.3 million bags in December 2016. This represented a 9 per cent decrease compared to December 2015's 1.4 million bags. Similarly, so far this coffee year (October-December 2016), coffee production has registered a 5 per cent increase by reaching nearly 4.4 million bags. Between January and December 2016, Colombian coffee exports reached 12.9 million bags. This entailed a 1 per cent increase compared to the 12.7 million bags registered during 2015. During December 2016, coffee exports experienced a 23 per cent increase by reaching 1.5 million 60-kilogram bags. So far this coffee year (October 2016-December 2017), Colombian coffee exports reached 4 million bags. This represented a 15.8 per cent increase compared to the 3.5 million bags sold in international markets during the same previous period.
Pros and cons to fresh EUDR delays
The recently announced new delays to the European Union Deforestation Regulation (EUDR) have split the coffee industry. While over the...
