Brazilian government announces assistance measures for coffee production
According to Brazil's Big State newspaper, in view of the current coffee purchase price of 270 reais per bag, low coffee prices in the international market, a bumper harvest of coffee in Brazil, and brown farmers demanding that the government take action to stop the decline in product prices, President Rousseff announced assistance measures for coffee production on August 7 in response to the needs of coffee producers. The main content is that the government signed a sales contract with Fenong to acquire 3 million bags (60 kg / bag) at a price of R $343 / bag until March 2014. In addition to the purchase quantity and duration promised by the government, the sales contract also contains the following contents: if the market price of coffee in March 2014 is higher than the government purchase price, brown farmers can trade in the market at the market price, and if it is lower than the purchase price, brown farmers can sell it to the government at the government purchase price.
Brazil is the world's largest coffee producer, and coffee production is expected to reach 48 million bags this year.
(responsible Editor:)
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Ten thousand people drink coffee and Colombia challenges the world record.
A Colombian city claims to have set a world record today: 10, 3800 people gathered for coffee. Colombia is the world's leading producer of washed Arabica coffee beans, but locals do not buy much coffee, and authorities in the eastern province of Boyaca and the Colombian National Union of Coffee Farmers hold a special event to promote coffee drinks. The organizer said that the provincial capital of Boyaca
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Coffee exports in Central and South America stabilize
Coffee exports from Central America, Mexico, Colombia, Peru and the Dominican Republic rose 4.5 percent in October from a year earlier, Guatemala's National Coffee Association (Anacafe) said today. October is the first month of this coffee harvest year. According to statistics, the total coffee export volume of the above countries in October was 1,947,884 bags (60 kg per bag), compared with the whole season of the previous harvest year.
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