date:Aug 11, 2014
Coffee growers in Vietnam, the top producer of robusta beans used by Nestl, probably have smaller stockpiles than a year earlier after rising prices boosted sales, underscoring the shortage in global supplies.
Farmers had unsold reserves equal to 10 per cent of the record harvest at the end of July from 12 per cent at the same time last year, the median of estimates from 13 traders compiled by Bloomberg show. Production may drop 3 per cent to 1.65 million metric tons in the year starting Octobe