Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
The mighty coffee multinationals are now paying the increasingly poor coffee farmers 60 percent less per pound of coffee in real terms than in 1983. The current coffee price of $ 1.28 per lb is equal to just 52 cents in 1983. The price of coffee in 1983 was US$ 1.20 to US$ 1.40 per lb, under the International Coffee Agreement. That inflation-adjusted amount would now equate to a price per pound of coffee of between $ 2.95 & $ 3.44, well above the current $ 1.28 per lb.
The increase in Productivity could offset the 30 year of missed inflation?