Infos Business of Friday, 31 October 2014

Source: wsj.com

Cameroon arabica coffee exports fall on year - NCCB

Cameroon's arabica coffee exports fell in the just-ended season compared with last season, National Cocoa and Coffee Board data published Wednesday showed.

A total of 2,175 tons was exported between October 2013 and September this year down from 2,734 tons in the previous season, according the NCCB.

The season is now unofficially closed. The export figures could be revised when the government publishes the official exports and production data at the launch of the new season in the coming weeks.

The 2,734 tons exported during the 2012-13 season was up from 2,612 tons a year earlier.

Arabica output in the country has fallen steadily as farmers switch to other food crops and coffee prices fall.

The government has said it aims to raise annual production of the crop to 25,000 tons by 2020 through financial and technical support, but has yet to provide details.