NEW YORK, Jan 28 (Reuters) – Brazil is expected to produce 63.2 million bags of coffee in the 2022/23 season, a 16.6% increase over the previous one, as trees show a relative recovery after last year’s frosts and drought due to better crop care and good weather, a top trader said on Friday.
Coffee exporter Comexim, one of the biggest in the country that is the largest coffee producer and exporter, said in a report that the logistics situation is improving as booking allocations in ships and container availability expand, but freight rates continue to be costly.
(Reporting by Marcelo Teixeira)
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