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Article FD - And the coffee farmer, how long will he plow on?
Photo / Source: www.fd.nl - 07-05-2019
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And the coffee farmer, how long does he plow on?
Coffee prices are at their lowest levels in years. To the despair of millions of farmers, improvement is not in sight. Colombia is already calling for the removal of the "unfair and speculative" coffee price. Five questions about the crisis in a market worth over $200bn.
In Brief
- Coffee prices recently reached their lowest level in thirteen years.
- Brazil's huge production leads to a substantial surplus in the market, which depresses coffee prices.
- Some 25 million households derive income from coffee trade, mostly farmers.
- Experiments are being made with direct trade at a higher price.
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