FAS Quito forecasts Ecuador’s coffee production in marketing year (MY) 2014/15 (April/March) at 415,000 (60-kg) bags, up 10,000 bags (or 2.5 percent) compared to MY 2013/14. Our MY 2014/15 forecast is subject to no major production disruptions induced by an El Niño event commencing in the third quarter of 2014. With the coffee leaf rust outbreak abating, we see exports in MY 2014/15 at 1.4 million bags, up by 100,000 bags (or almost 8 percent) compared to MY 2013/14. The government may be about to set a minimum price of $33 above international coffee prices per 100-pound (~45.3 kilogram) sack to entice expanded production
