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LatinNews Regional Monitor: Brazil & Southern Cone - 10 September 2018

Region: Tough times for coffee producers

In August international coffee prices dipped below two psychologically important floor levels: US$100 per bag, and US$1 per lb. The fall means many coffee farmers are now in loss-making territory. It led to a joint statement by producers in the world’s number one and number three coffee exporting countries – Brazil and Colombia – questioning the structure of the international coffee market and warning that the “survival of 25 million coffee families worldwide” is being jeopardised.

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