Post’s initial MY2014/15 coffee production forecast is 29.2 million 60-kg bags, or 1.75 MMT of green coffee beans. Favorable weather and timely rainfall in major coffee growing areas has promoted above average cherry development this MY. Additional output from newly productive planting and replanted areas continue to push yields higher than the five year average. Record exportable supplies and high prices, relative to the start of previous MYs, will lead to record exports in MY2014/15, which Post forecasts at 28 million bags (1.68 MMT GBE).
