Reply to thread

Message

[QUOTE="Munyaradzi Mafaro, post: 50066, member: 636"]
African coffee farmers struck gold during May when their bean sales jumped a massive 33 percent. The continent shipped out 2.33 million bags compared to just 1.75 million bags the year before. Uganda and Ethiopia led the charge with their bumper crops hitting international markets. Both countries benefited from perfect growing weather and sky-high coffee prices around the world. Smart farmers also rushed their beans to market early to catch the best deals.

Uganda farmers celebrated after their exports climbed 43 percent to reach 790,000 bags. Ethiopian growers did even better with a 42 percent boost bringing their total to 980,000 bags. The two East African nations controlled more than three-quarters of all coffee leaving the continent. Good rains and sunshine helped crops flourish across both countries during harvest season. International buyers paid top dollar for the high-quality beans coming from these regions.

Vietnam made the biggest splash globally when their coffee shipments nearly doubled during the same month. The Asian country sent out 2.54 million bags after struggling with poor harvests the previous year. Indonesian farmers also cashed during the coffee boom with their exports jumping 23 percent. Brazil took a major hit as their sales dropped 32 percent from record-high levels the year before. Coffee markets shifted dramatically as supply patterns changed across different continents.
[/QUOTE]

Name