The United States Department of Agriculture released its forecast of coffee production for 2015/16 in June. With a forecast of 6.4 million more bags of coffee to be produced when compared to the previous year, the lead finding is that production is on the rebound. The report credits high output predicted for Indonesian and Honduran crops for much of this. However, consumption is also likely to reach new levels, which means inventories could reach their lowest level in four years.
Despite that overall higher production forecast, the latest analysis includes downward revisions for many coffee producing regions as compared to December estimates. Countries and regions with such shifts include Central America and Mexico, Vietnam, and Peru.
To see the complete report: USDA Coffee Projections June 2015