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extreme weather hits coffee planting in sao paulo, brazil! coffee bean production plummets, farmers suffer heavy losses

2024-09-22

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01:23
(cctv finance "world finance")sao paulo state is one of the main coffee producing areas in brazil. currently, due to wildfires, large areas of local coffee plantations have been burned, and the coffee planting industry is in trouble.
in caconde, the largest coffee-growing area in sao paulo state, local coffee growers have just put out a wildfire together. it is reported that the fire burned about 600 hectares of land, including large coffee plantations, which led to a sharp drop in the local coffee bean harvest.
moreira, a coffee grower in sao paulo state, brazil:we lost about 8,000 to 10,000 coffee trees. we were expecting to harvest 500 to 600 bags of coffee beans, but we only harvested about half of that. the other half was burned.
the latest data shows that this year's drought in brazil has affected about 5 million square kilometers, affecting about 59% of the country's land area. the continued drought has exacerbated wildfires. analysts believe that unfavorable weather conditions will cause coffee trees to stop flowering and fruiting, thus affecting production, and this situation is expected to continue until the 2025-2026 production season.
at the same time, vietnam, the world's second largest coffee producer, has also recently experienced extreme weather such as high temperatures and drought, and its coffee production has also dropped significantly. data released by the international coffee organization showed that the composite index price in august this year was us$2.38 per pound, up nearly 55% from the same period last year.
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editor: anqi
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