Monday, January 11, 2010

Quick Overview

  • World 2009-10 coffee production is expected to fall to 123.7 million (60-kilogram) bags, the International Coffee Organization said Monday.

  • Brazil's orange juice exporters' association, Citrus Br, said it expected the next harvest to turn out between 300 million and 315 million 40.8-kg boxes in Sao Paulo state. This year's harvest will soon finish and has been estimated at 358.4 million boxes by the state's agriculture authorities.

  • AccuWeather said crop losses in Florida's citrus groves could reach 10%.

  • The Philippines may import up to 50,000 tonnes of raw sugar to rein in rising domestic prices but officials said on Monday there was enough supply to meet an increase in demand

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