ICO SEES 2009/10 GLOBAL COFFEE CROP OF 120-122 MLN BAGS, DOWN 4.8 PCT FROM PRIOR SEASON

LONDON, April 12 (Reuters) - Global coffee production in 2009/10 is seen between 120 and 122 million (60-kg) bags, down 4.8 percent from the prior season, International Coffee Organization Executive Director Nestor Osorio said on Monday. The ICO had last month forecast the 2009/10 crop would reach 123.1 million bags.
Osorio, in a monthly market review, said the revision reflected updated production data for Central American countries, especially Costa Rica, Guatemala and Nicaragua.

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