Colombia suffers from heavy rain! Coffee prices soar again

Recently, according to figures released by the Colombian National Council of Coffee growers (FNC), Colombian coffee production in October 2024 totaled 1.33 million bags (60 kg each), an increase of 16 per cent over the same period last year and a 24 per cent increase over the 1.07 million bags in September.

In the first 10 months of this year, Colombian coffee production totaled 10.4 million bags, an increase of 18 percent over the same period last year, while Colombian coffee exports totaled 9.83 million bags in the first 10 months of this year, an increase of 17 percent over the same period last year. As a result, FNC predicts that Colombian coffee production is expected to reach 13 million bags by 2024.

However, in recent days, Colombia has experienced bad weather in many places, including the capital Bogota, Choco and Guajira provinces, which have been severely affected by rain, while volcanoes have erupted in Antioquia, and the Colombian government has declared the country in a state of disaster. According to Colombian media reports, in recent days, the capital Bogota and several surrounding areas of Kundinamaca have been hit by heavy rain, due to increased rainfall, causing a number of floods and landslides, affecting thousands of people in the region.

It is reported that due to torrential rains and blockage of the sewer system, many major roads in the capital have been flooded, hindering normal traffic and cargo transport, affecting local people's travel and economic development. In addition, according to the Colombian Civil Aviation Authority, due to heavy rain and thunderstorms in the capital Bogota, Eldorado International Airport will be suspended until further notice.

In addition, according to local meteorologists, Kundinamaka province and several cities have experienced torrential rains in recent days, but the region is expected to experience more severe rain in the coming days. And the rain will spread to cities in northern Colombia, and torrential rains are likely to last until the end of November or next month, and will not end until mid-December at the latest.

In the northwestern province of Antioquia, the San Jose de Muratos volcano was recently reported. According to Colombia's National disaster risk Department, about 200 people have been evacuated from the area, although five people fainted and three were injured. but fortunately, no one died. At present, the volcanic eruption has affected more than 100 local families, 30% of whom are farmers, and many roads near the volcano have been blocked by volcanic eruption material, affecting traffic and material transportation.

It is understood that in central Colombia, there are two rainy seasons and two dry seasons every year, which also makes the coffee producing areas in central Colombia have two harvest seasons. October to November is the rainy season and the fruiting period for coffee trees, which can be harvested during the dry season in December. But the current heavy rains and thunderstorms may affect this.

As a result, during the rainstorm, excessive Rain Water affected the mountain area, causing landslides and destroying the local soil, while Rain Water would drop leaves and fruits, thus affecting coffee production. In addition, the meteorological department predicts that the rainy season will not end until mid-December, which may delay coffee harvesting and coffee supply.

South America has been threatened by drought and severe forest fires in previous months, and Colombia is no exception, which has greatly affected the development of the coffee industry, which has also led to a slight decline in coffee production in Colombia, which was only 1 million bags between June and September. It only improved in October, but falling back into disaster in November could lead to another decline in production.

In addition, many other coffee-producing countries have reported increases in exports, but recently, frequent bad weather has led to market concerns about coffee production in the new season. Us Type C coffee futures, the benchmark price for the coffee bean industry, soared again to 272.03 cents per pound, close to the highest price in September this year.

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