Friday, June 19, 2009
Costa Rica Coffee Sales are down 14% this year
Costa Rica coffee industry has logged contracts for 1,468,523 bags in sales through June 5, reports the Costa Rican Institute, or Icafe. This is 14% less than sales through the equivalent period last year, when 1,698,295 bags had been sold by June 5.
The volume of the 2008-09 crop sold to date is estimated at about 92% of Costa Rican coffee output from this harvest, Icafe said, adding the figure includes forward sales locked in months before the start of the 2008-09 cycle on Oct. 1.
The volume of 2008-09 crop from Costa Rica sold to date were fixed at an average price of $1.3886 a pound, below the average $1.4085 for coffee from the 2007-08 crop logged into contracts at this time last year.
One of the finest coffees from this country is the Costa Rica Peaberry Coffee. No sales data on this variety is available.
The volume of the 2008-09 crop sold to date is estimated at about 92% of Costa Rican coffee output from this harvest, Icafe said, adding the figure includes forward sales locked in months before the start of the 2008-09 cycle on Oct. 1.
The volume of 2008-09 crop from Costa Rica sold to date were fixed at an average price of $1.3886 a pound, below the average $1.4085 for coffee from the 2007-08 crop logged into contracts at this time last year.
One of the finest coffees from this country is the Costa Rica Peaberry Coffee. No sales data on this variety is available.
# posted by Buck @ 5:31 PM
