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Brazil threatens assault on region’s coffee sales

Tuesday, August 24, 2010

On three occasions, including once this year, Brazil has asked the New York Stock Exchange to allow its coffee to be included in the “other milds” arabica category.

Other milds are grown at high altitude from 19 countries, many of them from Central America. If Brazil’s coffee is admitted to the group, prices will plummet.

The bulk of Brazil’s coffee is of the robusta variety, mainly grown for instant coffee. However, Brazilian growers have begun to produce arabica coffees because of the high prices they demand.

Original source (in Spanish): La Prensa Gráfica