World coffee ending stocks for 2017-18 are estimated to fall to a five-year low of 29.3 mln bags (1 bag = 60 kg). With the forecast for global consumption at a record 158.5 mln bags, ending inventories are expected to drop sharply. Global coffee production is estimated to fall to 159.9 mln bags in 2017-18 from 160.5 mln bags the previous year due to a likely fall in output in Brazil