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.
Coffee harvesting in Vietnam, the world’s second-biggest producer, has been delayed by rains, according to officials and executives in Dak Lak, the biggest growing region. Robusta futures in London advanced.
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.
Vietnamese coffee farmer Le Thi Do looks up at the five-meter-high (16-foot) ceiling of her six- bedroom, yellow house and then points to a small, squat building next door and says: “We used to live in that tiny one.”
The coffee harvest in Vietnam, the biggest grower of the robusta variety, may decline in the 2013- 2014 season as a drought in the country’s top producing region may lead to smaller fruits, potentially boosting prices.