Thursday, November 17, 2011

Kenya 2011/12 coffee export earnings seen rising

The ministry of agriculture of Kenya said last week, that the country expects its coffee export earnings to rise by 7 percent in the season of 2011-2011 (October-September). This thanks to high international prices and increased volumes. Although Kenya is a relatively small producer of coffee, its special beans are famous for their high quality. It’s not only good news for the government of Kenya, but also for the farmers who produce the coffee. A couple of years ago, the farmers practically didn’t get any money for their coffee, but now the more favorable prices are drawing back to the farms and that will reflect on output of volumes.



I think it is a very good thing for Kenya that the coffee industry is doing better. We all know that the country is suffering from the drought and the bad situation for the citizens, so I think that this might start helping the citizens to improve their living. I know that it won't solve the internal problems completely, but still it is a start.



http://af.reuters.com/article/investingNews/idAFJOE7AG03820111117?pageNumber=2&virtualBrandChannel=0

2 comments:

  1. I agree with you, the rise of the coffee export earnings in Kenia is defenitely beneficial for the country. When the African countries have suffered the injustice of the international trade because of the low earnings of the exporting countries, given the fact that the WTO hasn't set fix prices for products like coffee. This is also the case of Ethiopia, whose coffee exports are badly paid and their workers live with half a dollar a day.
    So, this is great news, I hope it spreads throughout the rest of the continent.

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  2. I think that it is a great advance that there has been a rise of the benefits in the Kenian coffee. Usually, these coffee country producers don't get a lot of money for their job, they just don't get the fair amount they should. The coffee buyers don't pay them as they should because it's obviously cheaper for them to set the price and have the producers accept it anyways, so they have to deal with the minimum loss in their market and not with a coffee that can go bad and they don't really want. I support the fair coffee trade, but knowing that its kind of setting itself a decent wage, at least in Kenia, makes me really happy for them.

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