Sumatran robusta growers suffer from price drop


	Sumatran robusta growers suffer from price drop

BirdBarista

10-11-2008 8:51 AM

1451 views

BirdBarista says:

The global financial crisis will impact all coffee farmers. In this case, the price of robusta is dropping. Here in Sumatra, this means many farmers may rip out their coffee and plant less eco-friendly crops. Also look for the big multinational companies to stock up on this low-quality coffee and pit growers against each other to further depress prices.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/c423ff26-eebc-4e24-b81f-9e480325d544/9D200BED-CCD4-49CD-ADD3-E88D7EC4525F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://old.thejakartapost.com/detailnation.asp?fileid=20081011.C01" href="http://old.thejakartapost.com/detailnation.asp?fileid=20081011.C01" style="font-size: 11px;">old.thejakartapost.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://old.thejakartapost.com/detailnation.asp?fileid=20081011.C01">Lampung coffee farmers and exporters claim the U.S financial crisis has contributed to the fall in the price of the commodity.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://old.thejakartapost.com/detailnation.asp?fileid=20081011.C01">   "In the past, 2001-2002, when the price fell to Rp 3,000 per kilogram, many frustrated farmers cut down their coffee trees."</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://old.thejakartapost.com/detailnation.asp?fileid=20081011.C01">   Another coffee farmer, Suharno of Sumberjaya, West Lampung, said he was ready to "change" his coffee plantation if the price continued to drop.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://old.thejakartapost.com/detailnation.asp?fileid=20081011.C01">   Without giving the exact amount of money involved, exporters claimed to have suffered losses of 30 percent because of the decline in price of coffee at the London terminal.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://old.thejakartapost.com/detailnation.asp?fileid=20081011.C01">   Lampung is the largest robusta coffee producer in Indonesia. Currently the province has 163,837 hectares of coffee plantations with 218,447 workers.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9D200BED-CCD4-49CD-ADD3-E88D7EC4525F/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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