*The Companhia Nacional de Abastecimento (Conab), the logistics arm of Brazil’s agrarian development ministry, has released the annual coffee production figures for 2024, showing 54.2m sacks of coffee (one sack = 60kg). This marks a 1.6% decrease from 2023. Productivity figures were also down last year, registering a national average of 28.8 sacks per hectare, down 1.9% from 2023. The top coffee producing state in 2024 was the south-eastern state of Minas Gerais, registering 28.1m sacks, down 3.1% from the previous year. In a press release, Conab attributed the annual decrease in coffee production in Minas Gerais and in Brazil as a whole to adverse climate conditions, such as high temperatures and water scarcity.
- PERU: Gov’t responds to Trujillo bombing
- In brief: Rising oil production driving Venezuelan growth, says think tank
- BRAZIL: Lula confirms senior diplomat as COP30 president
- In brief: Brazil’s coffee harvest down in 2024
- NICARAGUA: Legislature approves ‘volunteer’ police force
- In brief: Honduras’ growth slows
- MEXICO: Sheinbaum seeks cool-headed response to Trump
- In brief: Analysts reduce Mexico 2024 GDP growth forecast
- URUGUAY: Incoming economic team unveiled
- In brief: Chile opens bidding for San Antonio port project