|Coffee farmers march demanding more government aid.|
(Photo: El Tiempo)
|Just-roasted Colombian |
arabica coffee beans.
There are other reasons, of course, including increasing coffee production in other countries, which have pushed Colombia down in the ranks of world coffee production. And Colombia is also in a low-production point in the cyclical process of growing, chopping down and replanting coffee plants, which require several years of growth before their first harvest. So, industry watchers expect Colombian coffee production to rise again.
|Pouring tinto, or cheap coffee, on a Bogotá sidewalk. |
The beans are more likely to be from Vietnam than Colombia.
|A graph showing historical volatility of coffee prices.|
In recent years, prices for some, but far from all, agricultural products have recovered. But other problems continue, particularly price volatibility. Small farmers, who have little savings, quickly get pushed to bankruptcy when the prices of their harvests drop.