Production of coffee appears to be recovering in several South American country’s according to a recently published trade report. South America now produces most of the coffee consumed worldwide with Colombia and Brazil most noted for their coffee bean exports. This year Brazil is expecting to export 50 million bags of beans to caffeine lovers everywhere.
Prices had been going up sharply during the summer months due to a reduced coffee bean supply level. Last year Colombian coffee production dropped by 28.5% and is now recovering with a planned increase in the number of coffee bags its exports. Many South and Central American country’s had reductions in their exports due to aging plants, natural disasters and climate change.