Jan 2014, coffee weather good news

The well respected Climate Protection Agency in the U.S.A. has
forecasted that the El Nino and La Nina phenomenon factors in the Pacific Ocean
shall remain neutral for the next eight months, which would indicate no threat
of either droughts or excessive rains for the Pacific Rim countries.
So this should mean that one might be safe to speculate good crops for Colombia and Indonesia for this
year, which shall assist with a par Brazil crop, for good and continued overall
surplus coffee supply for the year.  Albeit that within this region the
forecasts from Peru and with their new crop starting in April, are for the
combination of Roya or Leaf Rust and lower inputs related to unprofitable
prices, might result in another relatively modest crop of around 4.3 million
bags

-source Reuters 10 Jan 2014

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