Brazil for the first time in the history of the imports of coffee
Local coffee is not enough to ensure domestic demand
Brazil for the first time in its history, buy coffee abroad to meet the domestic demand, reports "Interfax" with reference to local media. The government of the South American country were allowed to purchase in Vietnam million bags (about 60 tons) coffee Robusta.
The decision of the country's largest producer of coffee in the world, caused by severe drought in those areas where coffee is grown.
Over the past 12 months, coffee prices in the country increased 14.9 percent.
The overall deficit of coffee in the world in 2016/2017 marketing year, which began in October, according to the international coffee organization, will be 3.5 million bags. Trade coffee bean will presumably reach of 151.6 million bags, and consumption 155,1 million.
In September 2016, experts of the Climate Institute of Australia has estimated that by 2080, the coffee trees will completely disappear from the face of the Earth. The reason for this will be global warming, which will lead to the spread of pests and fungal diseases.
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