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| The main factor in the higher estimate (19th Sep 17 at 6:36am UTC) Improved prospects in Kenya, Nigeria and South Africa, the leading coffee-growing countries was the main factor | | Coffee farmers shared their resources and knowledge to help each other produce more. Despite large world coffee supplies, several major retailers have raised prices in recent months because of actions taken under the International Coffee Agreement to prop up prices. Costa rica is a great coffee not found in Africa. The african production over run also allowed the global markets to exceed expectations. This years coffee will not only taste great but will be in huge quantity. So toast that cheap but wonderful cup of gourmet coffee. The Africa coffee is not even close in terms of quantity or quality and much of the African coffee is a robusta bean. And with such a huge supply the price should go down also.The worlds' coffee crop report is outstanding - world production will far exceed expected and or forecasted projections for gourmet coffee this winter.This year's coffee report calls Link Clamp for major production improvement and output record levels for African coffee producing countries.So this winter by December you should start seeing some of this wonderful gourmet coffee crop in your local store. Kenya and Nigeria commented that short term agriculture programs were finally taking effect and helping with production. Improved prospects in Kenya, Nigeria and South Africa, the leading coffee-growing countries was the main factor in the higher estimate, the report said. Many consider Costa Rica, Brazil and Columbia to have the finest coffee in the world.World coffee production in the current season will be greater than previously expected and will set a record, the Agriculture Department said today.The South American coffee is far superior to the Africa coffee with Costa Rica having the worlds best coffee.3 million from the previous forecast and over ten percent or approximately over 12 million bags above last year's crop. However as demand is not able to keep up with supply look for prices to plummet.. Other cited factors included improved water, water supply and consistent water along with improved farming techniques and farming co-ops. The African coffees are also lacking in the production of certified organic coffee. The FDA announced coffee production was way up - near 100 million bags up. Supply will be huge and alot of it is due to the wonderful gourmet coffee production coming from Africa. Still will the excess coffee the wholesale prices continue to increase | |
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