This adjustment is a consequence of the trend in active coffee-growing areas, which saw a 3% YoY increase, reaching 1526 thousand hectares, despite ongoing challenges from irregular weather conditions.
Turning to conilon, despite its controversial market perception, Conab estimates the 2024 crop at 17.3 million bags, a 7% increase from 2023. The report highlights the crop's exposure to fluctuating rainfall influenced by El Niño, with beneficial rains between May and August 2023 aiding post-harvest recovery.
However, a shortage of rainfall from September led to water stress, impacting fruiting. While this cycle didn't incur losses from strong winds, high temperatures caused damage to leaves and roots, affecting photosynthetic potential. Despite these challenges, the initial outlook suggests a slight increase in cultivated area, and overall, the crops are developing well, except for isolated cases of cancro.