The prominent Brazilian exporter Comexim has forecast that the forthcoming new Brazil crop shall be 13% higher than their assessment for the previous 2015 crop, at a total of 56.25 million bags. This crop to be made up by 44.35 million bags of arabica coffees and 11.9 million bags of Conilon Robusta coffees. They do however further forecast that by the time this crop is starting to impact in the middle of the year, that the carryover coffee stocks from the past year shall have been exhausted and that therefore, there shall with little in the way of support stocks be only a very modest surplus Brazil supply through to the next 2017 crop. This forecast would indicate that there shall be less selling aggression due out of Brazil, for the second half of this year, which could be supportive for market buoyancy later in the year.
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The Arabs are generally believed to be the first to brew coffee.