USDA: Vietnam Revises Green Coffee Exports

In the U.S. Department of Agriculture (USDA) semi-annual coffee report, Vietnam has revised its coffee exports. Post revises its marketing year (MY) 2018/2019 production forecast for green bean coffee up about 2 percent compared to the USDA official number, to 30.4 million bags, green bean equivalent (GBE), says the report. Accordingly, Post revises MY18/19 exports up to 25.5 million bags of green coffee beans, compared to the USDA official number of 25.2 million bags. In MY17/18, Post revises its export estimate up to 27.9 million bags from the USDA official number of 27.7 million bags on increased buying resulting from low export prices.