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Colombian Coffee production forecast for the first semester of the year

Colombian Coffee production forecast for the first semester of the year

  • This is not a definitive production figure for Colombian coffee production for the first semester of 2010. It is an estimate of production expectations for the period of January to June 2010.

  • The Colombian Coffee Growers Federation will continue to closely monitor all conditions affecting the coffee harvest on a month to month basis. If there are any alterations which modify the initial conditions, the figures will be adjusted accordingly.

 

Bogota, February 22 2010 (Press FNC) .- The Colombian Coffee Growers Federation, through its Techincal Department, announced an estimated  production forecast for the first half of 2010.

By no means can this forecast be taken as the definitive production figures for the first semester of 2010. It is an estimate forecast of production expectations. This number was calculated by projecting a statistical sample of coffee beans produced in January of this year.

According to this projection, the production for this semester will be equivalent to 5, 156,851 bags of 60 kg, with a deviation of plus or minus 4.7% (+/-). However, in order for real production levels to be in line with this projection, climate conditions must remain normal and uncontrollable factors, such as the following, must not arise:

* The prolongation of the El Niño Phenomenon

* The rainy season not arrive in time and under normal conditions

* The appearance of unexpected phytosanitary problems

* The appearance of unpredictable natural phenomena

The Colombian Coffee Growers Federation will closely monitor all conditions surrounding the coffee harvest on a month to month basis. If there are any alterations to the initial conditions, the forecast will be adjusted accordingly. The production forecast for the second semester  will be announced in July 2010.

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