{"id":1465,"date":"2018-11-26T08:13:29","date_gmt":"2018-11-26T08:13:29","guid":{"rendered":"https:\/\/bartalks.net\/?p=1465"},"modified":"2020-04-04T21:54:15","modified_gmt":"2020-04-04T21:54:15","slug":"beanless-coffee-phenomenon-trouble-vietnams-output","status":"publish","type":"post","link":"https:\/\/bartalks.net\/beanless-coffee-phenomenon-trouble-vietnams-output\/","title":{"rendered":"‘BEANLESS’ COFFEE PHENOMENON IS TROUBLE FOR VIETNAM’S OUTPUT"},"content":{"rendered":"

Several areas in the world\u2019s biggest grower of robusta coffee<\/a> have reaped fruits that have no beans inside or where beans are smaller than usual. The empty cherries are most common in Gia Lai province in the north, which normally provides about 15 percent of Vietnam\u2019s crop, according to Simexco DakLak Ltd., the country\u2019s second-biggest coffee<\/a> exporter.<\/p>\n

The unsettling anomaly has reduced expectations that Vietnam will have another bumper crop, with several producers in the country cutting output forecasts. Still, the lower-than-anticipated yield may be some good news for benchmark robusta prices, which have slumped more than 10 percent from a recent peak in May.<\/p>\n

While Vietnam Coffee-Cocoa Association\u2019s Vice Chairman Nguyen Nam Hai said the issue is \u201csmall,\u201d it means the country won\u2019t meet this season\u2019s expected output of 1.83 million tons, or 30.5 million bags, forecast in a Bloomberg survey. Simexco and Intimex Group, the country\u2019s largest exporter, earlier this month said they forecast output of 1.8 million tons.<\/p>\n

Farmers\u2019 frustrations<\/strong><\/p>\n

\u201cWe\u2019ve heard from different sources about the problem,\u201d said Alex Gruber, director and chief representative at commodity trader RCMA Group\u2019s Vietnam office. \u201cIt looks like the crop will be less than expected, probably at or below 31 million bags. That would add to farmers\u2019 frustrations.\u201d<\/p>\n

Robusta beans for January climbed 0.6 percent on Friday on ICE Futures, snapping five days of losses. Prices are on course for a second annual decline.<\/p>\n

Gia Lai province experienced week-long downpours over several weeks which kept the tree roots from absorbing nutrients, said Le Tien Hung, general director at Simexco DakLak, who cut his forecast for production to between 29.5 million and 29.7 million bags from 30 million bags projected in July.<\/p>\n

Non-stop rainfall in the three months from July also prevented growers from adding enough fertilizers, said Tran Xuan Khai, vice head of crop production and plant protection at Gia Lai\u2019s provincial department of agriculture.<\/p>\n","protected":false},"excerpt":{"rendered":"

Several areas in the world\u2019s biggest grower of robusta coffee have reaped fruits that have no beans inside or where beans are smaller than usual. The empty cherries are most common in Gia Lai province in the north, which normally provides about 15 percent of Vietnam\u2019s crop, according to Simexco DakLak Ltd., the country\u2019s second-biggest […]<\/p>\n","protected":false},"author":7,"featured_media":1482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[10],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts\/1465"}],"collection":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/comments?post=1465"}],"version-history":[{"count":0,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts\/1465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/media\/1482"}],"wp:attachment":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/media?parent=1465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/categories?post=1465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/tags?post=1465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}