date:Mar 04, 2014
World coffee output is expected to rise slightly by 0.5% from 145.1 million bags during 2012-13 crop year (October-September) to 145.8 million bags in the current 2013-14 marketing year, according to a report by the International Coffee Organisation (ICO).
ICO has predicted this increase in spite of a marginal decline in major coffee producing nations such as Brazil, Indonesia and India during the review period.
Brazil, Indonesia and India are expected to report decline in coffee output to 49.