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(From Business Line)
San Francisco, June 11 - IT may be too early to say if the worst is over for the global coffee market which has for last five years been buffeted by unsteady production, stagnant consumption and falling prices.
Small growers have been the worst hit. There are feeble signals that indicate the world coffee market may be coming out of its troubles. Aided by an anticipated rebound in Brazilian coffee crop, world coffee production is expected to rise in 2004-05 and improved supplies are forecast to lead to a recovery in exports.
For 2004-05, world coffee production is forecast at 117.7 …