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India Coffee Output to Miss Forecast After Below-Normal Rains

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EXCLUSIVE India Coffee Output to Miss Forecast After Below-Normal Rains India’s coffee output is likely to fall short of an earlier forecast as below-normal rains during the four-month monsoon season took a toll on crops, according to the Coffee Board. Production is expected to reach about 380,000 metric tons in the year ending March, more than 5% below the board’s previous estimate, M.J. Dinesh, chairman of the state-run agency, said in an interview.

EXCLUSIVE India Coffee Output to Miss Forecast After Below-Normal Rains India’s coffee output is likely to fall short of an earlier forecast as below-normal rains during the four-month monsoon season took a toll on crops, according to the Coffee Board. Production is expected to reach about 380,000 metric tons in the year ending March, more than 5% below the board’s previous estimate, M.J. Dinesh, chairman of the state-run agency, said in an interview.
India Coffee Output (ORG) the Coffee Board (ORG) M.J. Dinesh (PERSON)
Originally published by Bloomberg Markets Read original →