Saturday, May 2, 2009
English Summary ( COFFEE)
According to legend, Coffee was founded by Ethiopian goatherd. For African tribesman, Coffee is just an ordinary food and beverage. Now, it is sold in large quantities worldwide and representing as one of the top in value in trade. All, Coffee exporting countries depend on coffee as the main income and living. Many people loved coffee. In the nineties, a Frost killed almost half of Brazil’s coffee trees which changed the prices drastically. Three years later, frost hit Brazil causing every tree lost result in no income for three to five years. The income loss is very big that fifteen million trees were lost. Brazil had to stop the export of coffee. Importers bought in it bulk afraid of the shortage. Prices increase and farmers planted more coffee which was in abundant and the prices fell. Farmers began substituting coffee for other crops. Both producers and consumers decided to limit production to what the market can afford and sell at an agreeable price.
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