Wednesday, May 6, 2009

Guatemala Apr 08-09 Coffee Exports Down 17%

DOW JONES NEWSWIRES-Guatemalan coffee exports in April, the seventh month of the current 2008-09 crop cycle, were down 17% at 436,431 bags of 60 kilograms each, the Guatemalan Coffee Association, Anacafe, said Monday.

This compares with Guatemalan coffee exports of 524,428 bags in April last year during the 2007-08 crop cycle (October-September), Anacafe said in its latest report, releasing first preliminary figures for the month.

Total exports in the first seven months of the 2008-09 crop cycle from Oct. 1 through April 30 were down 11% at 1,800,579 bags, compared with exports of 2,017,396 bags in the same period of the 2007-08 cycle, Anacafe said.

Physical harvesting of Guatemala's 2008-09 crop is now completed in all growing regions, but picking was off to a late start this year after multiple weather problems delayed and damaged the crop.

Guatemalan coffee exports are forecast to drop 12% in the current cycle from shipments in the 2007-08 crop cycle of 3,814,833 bags, Anacafe said earlier this year.

-By Maja Wallengren, Dow Jones Newswires;

See original story here.

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