The coffee harvest in Vietnam, the largest grower of robusta beans used by Nestle SA in instant drinks, will probably increase to the highest level in two years as rain this month ended drought in the main producing region.
Coffee production from Dak Lak in Vietnam, the principal growing region in the world’s largest robusta producer, may increase 5.3 percent after good weather aided flowering, according to the local government.
The coffee harvest in Vietnam, the biggest grower of robusta beans used by Nestle SA in instant drinks, may decline for second year because of drought in the main growing regions, according to a producers’ group.
Coffee growers in Vietnam may hold as much as 400,000 metric tons of unsold beans, equivalent to about a third of the nation’s latest crop, as the government starts its first stockpiling program to counter falling prices.
The coffee crop in Vietnam may be reduced in 2010-2011 after dry weather during the growing season cut the size of beans in the world’s biggest producer of the robusta variety, said three industry executives.