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World's big coffee buyers are holding their purse strings

Monday, December 30, 2019

As commodity coffee prices sagged at historic lows throughout much of 2019, many of the world’s largest coffee buyers held their purse strings.

That’s not the case with the scores of nonprofits and NGOs that are working in and around the coffee industry, many of whom announced banner projects and funding towards increased sustainability in the sector — particularly for economic and social initiatives in the places where coffee is grown, Daily Coffee News reports.