Panama sees less specialty coffee crop, high prices
This article is a summary of reporting by Reuters. Originally published May 19, 2009.
Specialty coffee producers across Panama reported diminished harvests of their premium beans in 2009, creating challenges in fulfilling existing purchase contracts despite strong global valuations. The tighter availability underscored the tight supply constraints characterising the boutique microclimates of western Panama's highland growing regions. Even amid reduced volumes, international buyers maintained sustained appetite for Panama's distinct specialty cultivars.
AI Summary
Panama's specialty coffee producers faced tighter crop yields alongside strong buyer demand and high global market prices in 2009.
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