Coffee trees all over Brazil's top producing state Minas Gerais have bloome...
SAO PAULO - Coffee trees all over Brazil’s top producing state Minas Gerais have bloomed this week, marking the first major flowering for the new Brazilian coffee crop that could indicate the size of next year’s production.
“In general, flowering was good, but we are anxious about the next rains and praying for temperatures to stay bland,” said Mariana Caetano, chief operating officer at Guima Cafés, a coffee producer controlled by Brazilian bank BMG, with 900 hectares in the Cerrado region in Minas Gerais. “We farmers end up sharing the best pictures we take, in places where there are more flowers, which are pretty. That way, we put some more pressure on prices,” he joked.
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