Brazilian coffee production is forecast at 49.5 million bags for the 2014/15 marketing year, an 8 percent drop compared to the previous crop due to the negative impact of the prolonged drought and warm weather, especially in southern and eastern Minas Gerais and the state of Sao Paulo.Coffee exports for the corresponding year are forecast at 32.38 million bags, down 1 million bags from previous crop. Carry-over stocks are projected at 6.32 million bags, down more than 30 percent from the previous year.
