Brazil is importing coffee

Brazil’s government has authorised the country’s first-ever imports of robusta coffee, at the request of the instant coffee industry, and it should soon start taking delivery of limited amounts from Vietnam – hvg.hu. wrote.

In Brazil’s most important coffee regions drought occured in three consecutive years and only 60 percent of the usual amount of coffee was produced. The largest deficit is from robusta coffee, while prices jumped spectacularly by roughly 50 percent since the beginning of 2016. (hvg.hu)