Posts Tagged ‘Coffee Producers’
Coffee is second only to oil as the most traded commodity in the world, and the United States is its largest consumer. While the average cost for a pound of coffee ranges from $3.00 to almost $40.00, the average third world coffee farmer receives only 25 to 50 cents. Though a good yield can garner close to $10,000 a year for the average farmer, by the time that same yield hits the cup in the US, it is worth more than three-quarters of a million dollars.
rticle we look at the origins of coffee from the South American continent.
Brazilian Coffee – Brazil produces roughly a third of the worlds’ coffee, but the bulk of it is of the Robusta variety and is not considered to be of high quality. It is mainly used for blending, and the Brazilians have always had the priority of low price over quality.
However there are some excellent Arabica coffees grown around the Sao Paulo region, where the well know Santos or Bourbon Santos bean are produced. Another popular variety is the Rio, a dry-processed bean with a characteristic medicinal-like flavour. Considered a defect by most westerners it is however much loved in the Balkans and Middle-Eastern countries.
ries from the Central American Region produce some interesting coffees and here we discuss them in more detail.
Mexican Coffee
Mexico is the seventh largest coffee producer in the world, most of which is of the arabica variety from the southern part of the country, where it is grown by smallholders and sold on to the National co-operative.
Vera Cruz State, on the gulf side of the central mountain range, produces mostly lowland coffees, but coffees called Altura (High) Coatepec, from a mountainous region near the city of that name, have an excellent reputation.
If you are new to spread betting on coffee and other softs then it is always a good idea to have an overview of the basics of the market.
World Coffee Consumption
In 2007 coffee consumption came to 123 million 60kg bags, representing a 1.63% year-on-year increase. America was the largest consumer of coffee representing over 17% of the market. Brazil was the second largest coffee consumer and accounted for more than 13% of global coffee consumption.
This is the story of how the humble coffee becomes a world celebrity. It’s not about the Labrador named Coffee Beans attached to the Sheriff’s Department sniffing drugs and bombs. It’s about “the” coffee beans we are familiar with. It’s about the fragrant aroma that stimulates our senses in the morning. The tingling sensation we get when we take the first sip in the morning. How we manage to get an extra boost of energy whenever we feel tired and sleepy. Let us take some time to ponder the processes the coffee beans have to go through before it can be marketed.
