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Rains to reduce target for Colombian coffee growers

Tuesday, November 27, 2012

Colombian coffee growers will not produce enough coffee to meet an already-lowered 2012 target as torrential rains, a rising peso and lower international prices have caused production to slacken and the price per load to decrease.

Luis Fernando Samper, the Communications Director for Colombia's National Federation of Coffee Growers, said that his country is not alone in having problems with its coffee economy.

The additional problem in Colombia, said Samper, "is composed of an appreciation of the Colombian peso and a fall in revenues from problems stemming from the climate. This makes us worry more than other countries."

Source: Colombia Reports