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Brazil Drought Damage May Cut Arabica-Coffee Crop for Two Years

Dec 18 2020, 10:38 AM December 18 2020, 2:27 AM December 18 2020, 10:38 AM (Bloomberg) A drought “disaster” that’s eroding prospects for Brazil’s next crop of beans preferred by major coffee chains may carry over to the following season, a leading analyst said after a tour of farms in the world’s top grower and exporter. (Bloomberg) A drought “disaster” that’s eroding prospects for Brazil’s next crop of beans preferred by major coffee chains may carry over to the following season, a leading analyst said after a tour of farms in the world’s top grower and exporter. “I was floored by the conditions at some of these farms,” Judy Ganes, the president of J. Ganes Consulting, said in a telephone interview after examining crops in Minas Gerais, Brazil’s top state grower. “I have never, ever seen anything like this,” said the consultant, who has covered the industry for more than three decades.

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