After a slow start, due to excessive rain, the harvest picks up pace in Brazil. The conillon harvest accelerates and the arabica one gains momentum. Dry weather favored the work progress. So, the weekly monitoring by SAFRAS indicates that until May 30, Brazil reaped 20% of the 23/24 crop, up 8% from the week earlier. Work already exceeded the same period last year, when growers had reaped 18% of the crop, and equals the five-year average, which also revolves around 20% of production.
The arabica harvest comprises 14% of the expected crop, against 13% at the same time last year, being in line with the five-year average for the period. Conillon is more advanced and is 31% complete, against 28% at the same time last year and 31% on average.
Despite the acceleration in the coffee harvest, the processing of arabica, especially, continues at a slower pace, which limits the advance of the physical availability of new coffee in trading regions. The weather should continue collaborating with the coffee harvest and drying. Climate maps indicate little rain for coffee areas in the next three weeks. The biggest accumulations should happen in the north of Paraná and the state of São Paulo. It should also rain in Espírito Santo and eastern Bahia. In these regions, there is a risk of momentary stoppages in work. The crop profile remains positive, although the samples are still too small for any type of conclusion.
