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Coffee Prices on the Up-tick?

I was sent this by a friend that thought it was worth at least considering. How are coffee prices in your neck-o-the-woods?

“Might be a good idea to stock up on Coffee from this year’s crop, it will be even more expensive soon.

The Real Figures on Rust Blight and Coffee

Although it is clear that Central American coffee farmers are suffering from a serious crisis because of the spread of the rust blight,. It is clear that in the current epidemic, because of the nature of the disease – which does not directly attack the grain but rather the leaves of coffee plants-, the impact will be seen much more severely in the next harvest than in the present.

This means that the results produced from the current crop, which probably will not be too far from the last harvest.

Serious Problems in Nicaraguan Coffee Sector

Rust and anthracnose are affecting the coffee plantations in several of the country’s regions, with an estimated loss of 10% in the current crop. The disease known as coffee rust has increased in various departments and the plantations in Estelí, Madriz, Nueva Segovia, Jinotega, Matagalpa and Boaco, are affected. Some producers from Las Segovias estimated losses of up to 10% of their harvest.

While no precise statistics are available on the impact of the blight, it is estimated that it has affected 50% of the coffee plantations in El Salvador and up to 30% in Honduras.”

 

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