FAS Lima forecasts Peru’s coffee production in marketing year (MY) 2014/15 (April/March) at 4.5 million bags (60-kilograms per bag), up by 600,000 bags or increasing over 15 percent compared to our MY 2013/14 estimate. Total domestic consumption in MY 2014/15 is forecast at about 192,000 bags, essentially unchanged from MY 2013/14. We forecast Peru’s exports of coffee in MY 2014/15 at roughly 4.3 million bags, up by some 549, 000 bags or 15 percent compared to our MY 2013/14 estimate of 3.7 million bags. The Ministry of Agriculture and Irrigation established in 2013 a programto renew 80,000 hectares of coffee land over the next four years. Some $70 million has been budgetedfor this program.
