Coffee robusta harvest in Indonesia to fall on El Nino

Coffee production in Indonesia will probably drop 20% next year from a record as the strongest El Nino in almost two decades hurts crops in the world’s third-largest producer of robusta beans.

The harvest may slide to 560,000 metric tons in the year starting April 1 from 700,000 tons this year, according to the median of estimates from six traders and analysts.

A smaller Indonesian crop will potentially widen a global deficit of the beans used by companies including used by Nestle, and support prices that slumped 20% last year.