The following excerpt is from a February 25, 2010 article published by The Wall Street Journal Online. To read the article in its entirety, please click here.
GUATEMALA CITY (Dow Jones)–Harvesting of Guatemala’s current 2009-10 coffee crop continues at slow pace and weather problems are making a recovery more difficult, Guatemala’s National Coffee Association, or Anacafe, said Thursday.
“We are still sticking to our last forecast, but the harvest in the eastern coffee producing regions has not been good,” Anacafe President Ricardo Villanueva told Dow Jones Newswires.
Villanueva said that although Anacafe still hopes Guatemalan coffee production in the 2009-10 cycle will end “a bit above production” in the last harvest year, output continues to be “well below the yields” seen in a harvest with normal weather…
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