Honduras define measures against low coffee prices

The low price of the bag of coffee on the international market was the main topic discussed in the regional assemblies developed by the National Association of Coffee Growers of Honduras (Anacafeh).
One of the measures is to reduce costs to the maximum, whereas the current decline in prices is more serious than the rust fungus that attacks crops, said the president of Anacafeh, Jorge Lanza.
A producer spends an average of U.S.$ 73 to produce a bag of 46 kilos of coffee and sells it for U.S.$ 53.50 to U.S.$ 58.40, representing a deficit of $ 9.7 to $ 14,6, estimates the source. The quintal of coffee (bag of 46 kilos) closed last Friday at around $ 109 in the Coffee, Sugar and Cocoa Exchange New York Market.
"Low prices affect more than rust, in the sense that it does not return the invested; faced higher expenses in relation to the selling price," said Jorge Lanza.
Another measure that Anacafeh determined to tackle this problem of the condition of supply and demand is to strengthen technology transfer and renew farms with resistant varieties. "Let us take care of susceptible varieties, remember that Honduras is among the largest exporters of specialty coffee," he said.
The exhibits work in conjunction with the National Coffee Fund (NGF) began in Tegucigalpa with producers of El Paraiso, Francisco Morazan, Olancho, Intibucá, La Paz and Comayagua. Continued in San Pedro Sula, with the coffee-Democratic leaders of Cortes, Yoro, Santa Barbara, and on Saturday, the assembly extended to Copán, Lempira and Ocotepeque.
In this cycle that began in October and ends in September 2014, exports are retained by the bean crop, but will restart in March with the goal of generating $ 700 million in foreign exchange.
Source: Revista Cafeicultura