Coffee Crisis

The coffee crisis "Wall Street Journal", "Boston Globe", "Economist" and many other media records reached agreement in October 2001 when the coffee crisis occurred. Farm prices fell sharply, reaching at least 1 pound 0.39 dollars in 3 years. This price is lower than the cost of coffee production then, 0.60 per pound. (Economist 2001) Although declines in prices are not uncommon, the further troubles are that the coffee cash market is suffering from high instability.

First, the "coffee crisis" is a serious coffee crisis, how it threatens millions of small coffee farmers all over the world, and economic growth and social · I endanger the political stability. , Africa, Asia. In 2004, the coffee-producing country government was considering how to cope with a sharp drop in coffee price due to a significant increase in coffee production volume in Brazil and Vietnam. In Latin America, Africa and Asia, coffee is the main source of income for about 25 million farmers (mainly small landowners).

The "coffee crisis" describes how the government of coffee producing countries was considering how to deal with the sharp drop in coffee price in 2004. For approximately 25 million small farmers in Latin America, Africa and Asia, coffee is the main source of income. In 2001, the coffee price reached the lowest level in 40 years; many rural communities were very difficult. Due to this crisis, most farmers rescued their children from school.

In Cordillera, the crisis of coffee, producers began to focus on quality. "Quality" is a short-term concept, but there is the possibility of having a visible effect on the life of coffee producers. In recent years, buyers are willing to pay high fees for coffee or certain kinds of flavor characteristics from particular sources. From the 1970s to the 1980s, the Coldirela coffee market has been influenced by the special coffee market in North America, Europe, and (recently) Asia, especially Japan and Korea. Between the 1970s and the 1980s, the specialized market in the United States grew strongly, with the emergence of independent coffee roasters focusing on quality, while "Yuppie" consumers are willing to pay a premium at premium coffee prices. did. The rise of the chain. In 1982, some roasters established the American Special Coffee Association (SCAA).