Harvest season for this part of the world usually starts end of April/beg. May 2020.
There is uncertainty on the forecast output this season.
There was a drought period which occurred during the latter part of the blooming period.
As of now, a 30% decrease on the crop volumes are expected. Even with this decrease, the crop is still a good number, as last year’s crop was a huge one.
Better figures will become available mid March.
Written ByJudy Tucci
VP PRODUCT MANAGEMENT & SOURCING