31 Mar '15, 1pm

Colombian Coffee Commission Publishes Final Recommendations for Industry Reforms @coffeelands

One of the most controversial recommendations in the report is for the virtual elimination of thegarantía de compra – the commitment of Colombia’s coffee institutions to buy coffee from all the country’s coffee growers at more than 500 buying stations across the country. The Commission argues that this function should be reserved only for those cases in which a lack of competition in local markets would put growers at a competitive disadvantage and concentrate market power in the hands of a small number of buyers. By the estimation of the Commission’s director, those conditions exist in only about 5 percent of Colombia’s coffee communities, meaning 95 percent of the FNC-supported buying stations in the country would be shut down.

Full article: http://dailycoffeenews.com/2015/03/31/colombian-coffee-co...

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