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El Salvador 08-09 Coffee Harvest -10% To Feb 15 To 1.37M Bags274 days ago
DOW JONES NEWSWIRES
Coffee production in El Salvador's 2008-09 harvest to February 15 was down 10%, at 1,368,500 60-kilogram bags, the official the official Salvadoran Coffee Council said Monday.
This compares to total registered production of 1,523,367 bags from the beginning of the harvest cycle Oct. 1 to Feb. 15 in the last 2007-08 crop cycle, the council said in a report, a copy of which was obtained by Dow Jones Newswires.
The drop in registered production to date confirms reports by trade and exporters that the harvest is coming in late, after a combination of heavy unseasonal rains, strong winds and frost delayed the maturation of beans.
Total registered coffee production in El Salvador in harvest week 16, from Feb. 9-15, meanwhile, was up 22% to 31,728 bags, from production of 25,906 bags in harvest week 16 of the 2007-08 crop cycle, the council said.
The failure of the harvest to produce a more speedy recovery from the slow start last month led the council to cut its forecast for production in the 2008-09 harvest for the second time this year, and the crop is now seen yielding 1.392 million bags of green, fully-processed coffee.
The figures are based on milled and processed parchment coffee registered at the country's mills which normally are subject to a post-processing loss of about 5% when converting this coffee to green coffee as shipped for exports.
-By Maja Wallengren, Dow Jones Newswires; mwallengren@hotmail.com
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(END) Dow Jones Newswires
March 09, 2009 19:08 ET (23:08 GMT)
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