Coffee Board pegs crop loss due to rains in South India at 82,000 tonnes

The board has asked the govt to consider a special package for the coffee growers' fraternity

The Coffee Board, under the Ministry of Commerce, has estimated a crop loss of around 82,000 tonnes due to heavy rains in the traditional coffee tracts across South India. Industry representatives, however, believe that these losses may not affect prices -- which are decided on the basis of international demand and supply -- as global supply is already more than the demand at present. 

Officials in the Board have said it would be difficult to achieve the post-blossom estimate of 350,400 MT for 2018-19, unless the upcoming season in December sees a huge spike in cultivation. The final crop estimate