Colombia hit by extreme torrential rains! Coffee prices surge again

Source:Best Coffee > News Author:qjroot Published:2024-11-14 18:26:46

Recently, according to data released by the Colombian National Federation of Coffee Growers (FNC), Colombia's coffee production in October 2024 totaled 1.33 million bags (60 kg each), an increase of 16% compared with the same period last year, and also up 24% from 1.07 million bags in September.

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In the first 10 months of this year, Colombia's cumulative coffee production reached 10.4 million bags, an increase of 18% compared with the same period last year. At the same time, Colombia's cumulative coffee exports in the first 10 months of this year reached 9.83 million bags, an increase of 17% compared with the same period last year. Therefore, the FNC predicts that Colombia's coffee production in 2024 is expected to reach 13 million bags.

However, recently many places in Colombia have experienced severe weather, among which the capital Bogota, Choco Department and La Guajira Department were hit relatively hard by rain disasters, while a volcanic eruption broke out in Antioquia Department. The Colombian government has declared a national state of disaster.According to Colombian media reports, in recent days the capital Bogota and several areas of surrounding Cundinamarca have been affected by heavy rainfall. Due to the increased rainfall, multiple floods and landslides were triggered, affecting thousands of people in the region.

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It is reported that due to heavy rain and blocked sewer systems, multiple major traffic roads in the capital were flooded, obstructing normal traffic flow and cargo transport, and affecting local residents' travel and economic development. In addition, according to a notice from Colombia's civil aviation authority, because the capital Bogota experienced heavy rainfall and thunderstorm weather, El Dorado International Airport has suspended operations until further notice.

In addition, according to local meteorological experts, Cundinamarca Department and multiple cities have experienced heavy rain in recent days, but it is expected that the region may experience even more intense rainfall in the coming days. Moreover, the rain will spread to cities in northern Colombia, and the heavy rain weather may last until the end of November or next month, and at the latest will not end until mid-December.

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In northwestern Antioquia Department, the eruption of the San Jose de Muratos volcano was recently reported. According to Colombia's national disaster risk department, about 200 people have currently been evacuated from the area. Although 5 people fainted and 3 were injured, fortunately there were no deaths. At present, the volcanic eruption has cumulatively affected about more than 100 local families, 30% of whom are farmers, and multiple roads near the volcano have been blocked by volcanic eruption material, affecting passage and the transport of supplies.

It is understood that in the central region of Colombia, there are 2 rainy seasons and 2 dry seasons alternating each year, which also gives the central Colombian coffee-producing region 2 harvest seasons. Every year from October to November is the rainy season, which is also the period when coffee trees bear fruit, and by the time the dry season arrives in December, harvesting can begin. However, the current heavy rainfall and thunderstorm weather may affect this.

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During the harvest period, the weather encountered heavy rain; excessive rainwater affected the mountainous areas causing landslides, damaging the local soil, and the continuous excessive rain caused leaves and fruit to drop, thereby affecting coffee production. Moreover, the meteorological department predicts that the rainy season will be delayed and will not end until mid-December; this situation may delay coffee harvesting work and delay coffee supply.

South America was threatened by drought and severe forest fires in the previous months, and Colombia was no exception; this situation greatly affected the development of the coffee industry, which also caused a slight decline in Colombia's coffee production. From June to September, coffee production was only 1 million bags, and it improved only in October, but in November it once again fell into a state of disaster, which may cause production to decline again.

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In addition, several other coffee-producing countries reported increased exports, but the frequent severe weather in recent times has raised market concerns about coffee production in the new crop season. The industry price benchmark, the U.S. C coffee futures, once again soared to 272.03 cents/lb, approaching this year's 9 September high.


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