The announced measure becomes effective on April 4 and benefits ethanol, coffee, margarine, cheese, pasta, sugar, and soybean oil. The move is aimed at curbing inflation.
But, the adverse weather conditions should take their toll more severely on the Arabica variety, which should not reach its full productive potential in 2022.
Growing and producing specialty coffees may expand the market and add value to one of the most traditional products cultivated in Brazil.
The world’s top coffee producer, Brazil harvested a record-breaking crop of 60 million sacks of coffee beans. Of this total, 60 percent were exported, chiefly to the US, Germany, Italy, and Japan—which purchase nearly half of this percentage.
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