Global Coffee Output May Dip 3.6 Per cent in the 2009-10

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Global Coffee Output May Dip 3.6 Per cent in the 2009-10

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Global coffee output may dip 3.6% : ICO . Global coffee output may dip 3.6 per cent to 7.41 million tonnes (mt) in the 2009-10 crop year on fall in production in Brazil and Africa, the International Coffee Organisation (ICO) said. . Adverse climatic conditions in few growing regions may also affect crop quality, it added. . Last year, world coffee output had stood at 7.69 mt, it said, adding that the estimate for this year is preliminary as data from Colombia and Vietnam is pending. . “With factors such as a prolonged dry season and high levels of coffee berry borer infestation, there appears to be little possibility of an increase in global production,” ICO said in its latest market report.

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In Other major Commodities Update, there are news of rabi productions falling short of expectations and Uttarakhand government seems not to be increasing the sugar price.

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Rabi output may fail to meet estimates: . All eyes are now on the estimates for the rabi crop this year. A good winter crop (rabi) will help augment the foodgrain supply and ease food prices. . Hopes of a good crop have been fuelled by favourable weather conditions and the greater thrust on increasing the rabi crop. . The Union agriculture ministry has already indicated that the rabi season, this year, may see an additional 10 million tonne (mt) of output over the past year’s production, implying a growth of 8%.

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This optimism on the rabi crop has prompted the Central Statistical Organisation or CSO — the government’s statistics arm — to estimate a meagre fall of 0.2% in agri output this year despite a 16% fall in the kharif (or summer crop) output due to the deficient monsoon.

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Uttarakhand not to increase sugarcane price: . The Uttarakhand government seems to be in no mood to increase the price of Rs 215-220 per quintal for sugarcane despite a hefty increase by private sugar mills. . In the first week of December, the government announced the state advised price (SAP) of Rs 192-197 at a time when farmers were agitating for a price of Rs 250. . But soon, the private mills began paying heavy bonuses to farmers in the face of acute shortfall in a desperate bid to keep the factories running. The government too decided to give bonus with a final price of Rs 215-220.

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