COFFEE - Coffee production in Indonesia, one of the five largest growers in the world, is estimated to rebound sharply in 2024/25 (April-March) from the poor crop in 2023/24, according to a U.S. Department of Agriculture (USDA) report.
The USDA projected the new crop in Indonesia to reach 10.9 million 60-kg bags compared to a downward revised production of only 7.65 million bags in 2023/24, which was the smallest crop in at least six years as the El Nino weather pattern negatively impacted coffee fields.
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