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Financial News: COLOMBIA: Coffee Production Grows 9% In August On

COLOMBIA: Coffee Production Grows 9% In August On Annual Basis

09/04/2017 - 19:52:00 (RTTNews)

(RTTNews) - The Colombian coffee production grew 9% in August from a year earlier, reaching around 77,640 tons, said Colombia's National Federation of Coffee Growers.

Year-to-date, the Colombian coffee harvest has exceeded 9 million sacks - or 540,000 metric tons - up 2% from the same period of 2016. In the 12-month period ended in August 2017, the output reached 13.4 million sacks - or 804,000 metric tons - rising 3%.

Meanwhile, the Colombian coffee exports in August decreased 8% in August from the same month in 2016, to 1,167,000 sacks, or 70,020 tons. Year-to-date, however, Colombia's exports exceeded 8.3 million sacks - 498,000 tons - a 6% increase from the same period a year before.

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