What is the forecast for coffee?
Coffee is expected to trade at 287. USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 260. In 2023, world production of green coffee was 11. Brazil with 30. Other major producers were Vietnam (17. Indonesia (6. South America, 27% in South-East Asia, 17% in Africa and 10% in Central America.United States imported Coffee, not roasted or decaffeinated from Brazil ($2,052,176. K , 455,544,000 Kg), Colombia ($1,821,647. K , 282,204,000 Kg), Guatemala ($541,487. K , 86,638,400 Kg), Nicaragua ($375,917. K , 69,852,300 Kg), Honduras ($375,374. K , 64,524,300 Kg).Brazil: The Undisputed Coffee Production Leader Brazil produces approximately 35-40% of the world’s coffee, making it the largest coffee producer for over 150 years.