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As coffee prices surge, land to sow is in short supply

Thursday, June 30, 2011

Urban development and high costs have shrunk most of Central America’s coffee estates.

Despite spectacular increases in coffee prices, producers remain cautious about the potential for volatility in the markets and are restricting investment.

Since a decade ago, coffee production in Costa Rica, Guatemala and El Salvador has fallen by 30 percent because the farmers have switched crops or been forced to sell their land.

Original source (in Spanish): Reuters