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Ethiopia overtakes Colombia as number three coffee producer in the world

Tigrai Online
Jan 17 2012

Tigrai Online - Ethiopian Coffee BeansLONDON Jan 16 (Reuters) - The International Coffee Organization on Monday raised its estimate of the global coffee crop in 2011/12 to 132.4 million 60 kg bags as Ethiopia overtook Colombia as the world's number three producer.

The crop was revised up from a previous forecast of 128.6 million, largely reflecting an improved outlook in Ethiopia. It remained, however, shy of the prior season's 134.2 million bags.

The ICO, in a monthly update, put Ethiopia's 2011/12 crop at 9.80 million bags, up from a previous forecast of 6.35 million and the prior season's 7.50 million.

Reuters, Read More