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Low coffee prices worry Nicaraguan growers

Thursday, May 23, 2013

International coffee prices ended at $128.45 per quintal at the New York stock exchange.

The price doesn't even cover production costs, which are about $160 per quintal, said Nicaraguan farmers.

Coffee is going through one of the worst moments, and low prices are mainly due to Brazil's historic production levels.

Source: El Nuevo Diario