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Price Breakdown Reveals Coffee Profit Flow
PART 2 OF SERIES REVEALS PRICE BREAKDOWN Coffee profits shower producers but roasters and importers also gain. Brazil earned 2.3 billion from coffee in 1976, Colombia 917.7 million, as frost uncertainty since 1975 boosted prices from 1.27 to over 3 a pound. Green beans dominate costs, with Brazil’s 132-pound bag at 240 dollars and grower profits rising from about 11 or 12 dollars to roughly 35, while exports tax and levies cut into growers’ shares.
MENTIONED IN THIS ARTICLE
Terry Kirkpatrick
Associated Press
Brazil
Colombia
Maxwell House
General Foods
United States