Tuesday, February 03, 2009
Costa Rica Exports up in 1Q 2009
MILAN – In the first quarter of the 2008/09 coffee year (Oct 2008 – Jan 2009), exports of Costa Rica Coffee rose 6.6% compared with the equivalent period in the previous crop cycle, reported yesterday the Costa Rican Coffee Institute, or Icafe. Shipments from the central American producer reached 324,003 bags in the above mentioned period, up from 303,992 bags in 2007/08. However, exports slowed considerably in January marking a 15% decline to 119,340 bags down from 140,655 bags in the same month of 2008.
Harvesting operations are in full swing, but harvest pace has been lagging about 5% behind last year’s volumes, local reports say. Output is expected to drop by 2.9% in 2008/09 to 1.822 million bags, from 1.876 million bags in the 2007-08 period, said Icafe last month. The Costa Rica Peaberry Coffee variety is bringing in a higher price to the farmer due to the demand by coffee enthusiasts.
Harvesting operations are in full swing, but harvest pace has been lagging about 5% behind last year’s volumes, local reports say. Output is expected to drop by 2.9% in 2008/09 to 1.822 million bags, from 1.876 million bags in the 2007-08 period, said Icafe last month. The Costa Rica Peaberry Coffee variety is bringing in a higher price to the farmer due to the demand by coffee enthusiasts.
# posted by Buck @ 4:57 AM 
