Colombian Arabica coffee beans hit a 13-year low. How to transform Colombian Coffee?
Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style)
Recently, coffee bean futures trading prices have continued to decline in the international market, seriously affecting the returns of Colombian coffee growers. In order to deal with this situation, many coffee growers began to adjust their business ideas and develop coffee tourism to increase the added value of the coffee industry.
Colombia is the world's leading exporter of Arabica coffee beans. Recently, however, the trading price of coffee bean futures on the international market has continued to fall, seriously affecting the earnings of Colombian coffee growers. In order to deal with this situation, many coffee growers began to adjust their business ideas and develop coffee tourism to increase the added value of the coffee industry.
In May, the price of Arabica coffee beans on the New York Mercantile Exchange fell to 88 cents a pound, the lowest in nearly 13 years. Market analysis believes that the persistently low price is caused by the oversupply of output. According to data released by the Colombian Coffee producers Union, due to the fact that many coffee farms are unable to make ends meet, Colombian coffee cultivation has continued to shrink by nearly 40,000 hectares in the past year and a half, and more than 20,000 coffee farmers have to give up growing coffee in order to make a living.
Colombian coffee has long been dependent on exports, so in order to protect the coffee industry and reduce the impact of the international market on coffee prices, Colombian institutions are studying to break away from the international futures trading system and adopt a trading model of independent pricing.
However, some practitioners believe that breaking away from the international market pricing system is not a goal that can be achieved in a short period of time. By developing the domestic consumer market and increasing the added value of the coffee industry, it will fundamentally reverse the over-reliance of the Colombian coffee industry on the international market.
Colombian coffee practitioner Bielota: increasing the added value of products is obviously a measure that must be taken. If you don't. We will still rely entirely on the price of coffee in the international market, which is far from enough. We have now opened several coffee shops and developed a tourism business. We open the farm to tourists, who can visit the coffee farm and see the process of coffee planting and production.
CCTV Finance and Economics
END
- Prev
The difference between the Origin and graded bidding of Rosy Village Manor and Gold bid, Red Standard and Green Standard Chaka batches of Rosa Coffee beans
The internal classification of Rosa Village: competitive bidding, gold bid, red bid, green bid, Chaka batch Rose summer how to distinguish? Even in the top estates, there are differences in the quality of the coffee produced. In order to live up to the famous flavor of Ruoxia Village, a strict grading system has been implemented within the village. Bidding batches only account for roses.
- Next
What is Kenya PB Coffee Bean? Kenya Coffee
Professional coffee knowledge exchange More coffee bean information Please pay attention to coffee workshop (Weixin Official Accounts cafe_style) Kenya is located in eastern Africa, adjacent to Ethiopia, the source of coffee. Although the soil is fertile, coffee was first grown in the country, introduced from Brazil in 1893 by Bourbon (also known as the French mission) in honor of the incoming French missionaries.
Related
- Detailed explanation of Jadeite planting Land in Panamanian Jadeite Manor introduction to the grading system of Jadeite competitive bidding, Red bid, Green bid and Rose Summer
- Story of Coffee planting in Brenka region of Costa Rica Stonehenge Manor anaerobic heavy honey treatment of flavor mouth
- What's on the barrel of Blue Mountain Coffee beans?
- Can American coffee also pull flowers? How to use hot American style to pull out a good-looking pattern?
- Can you make a cold extract with coffee beans? What is the right proportion for cold-extracted coffee formula?
- Indonesian PWN Gold Mandrine Coffee Origin Features Flavor How to Chong? Mandolin coffee is American.
- A brief introduction to the flavor characteristics of Brazilian yellow bourbon coffee beans
- What is the effect of different water quality on the flavor of cold-extracted coffee? What kind of water is best for brewing coffee?
- Why do you think of Rose Summer whenever you mention Panamanian coffee?
- Introduction to the characteristics of authentic blue mountain coffee bean producing areas? What is the CIB Coffee Authority in Jamaica?