Vietnam Coffee Crop Estimate Lowered 3.3 Percent by F.O. Licht

Coffee production in Viet Nam, the world’s second-biggest grower, will be 3.3% less than forecast in November after rains slowed the harvest, F.O. Licht said.

Output will be 20.2 million bags, down from a previous estimate of 20.9 million bags, F.O. Licht analyst Stefan Uhlenbrock said in an interview today from Ratzeburg, Germany. A bag weighs 60 kilograms (132 pounds). Brazil is the world’s largest grower of coffee. (Bloomberg)