Honduran coffee exports rose 43.6% in November on the strength of planned orders...
FILE PHOTO: The logo of the Honduran Coffee Institute is pictured at its building in Tegucigalpa, Honduras February 20, 2018. REUTERS/Jorge Cabrera
Central America’s top coffee producer and exporter reported shipments of 163,540 60-kg bags for the month, the second of the current 2019/2020 harvesting season. Honduran exports through the first two months of the 2019/2020 season total 248,520 bags, up about 16% compared with the same two-month period in the 2018/2019 cycle.
Officials attribute the expected fall to lower international market prices and drought hitting some farms, and say depressed prices have forced many small and medium-sized coffee producers to give up on the crop altogether and set out as U.S.-bound migrants instead.
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