By Andrew Goodwin and Chris Sta. Romana

• Coffee production originated in Africa

• Spread along the belt between the Tropics of Cancer and Capricorn

Top eight coffee producers:Brazil

ColumbiaIndonesiaVietnamMexicoEthiopia

IndiaGuatemala

Coffee is harvested by farmers through the methods of:

Selective Picking – picking ripe coffee cherries by hand

Stripping – stripping trees of all coffee cherries

Mechanical harvesting – using a harvesting machine

The two types of coffee exchange:

Money exchange

&

Futures exchange

Futures are bought and sold at the New York Coffee

Exchange

International Coffee Agreement

Future/Past agreements

Demand & Supply fluctuations

Economic Models

Decrease of supply Higher Prices

Increase of supply Lower Prices

War Natural Disasters

Agreements

Government Intervention

International Coffee Organization Established in 1963 Since then has created seven International Coffee

Agreements in: 1962 1968 1976 1983 1994 2001 2007

Rising Prices

Surplus

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Egberts, Douwe. "The World Coffee Trade." Inside Coffee Trade (2003) 29 Oct 2008 <http://www.hollandbymail.com/coffee/coffee_trade.html>.

Harford, Tim. "The Economics of The Price of Coffee." Economic Essays. 31 Oct. 2008 <http://www.economicshelp.org/2007/03/economics-of-price-of-coffee.html>.

"Harvesting Coffee Beans." Agriculture (2006) 29 Oct 2008<http://www.coffeeresearch.org/agriculture/harvesting.htm>.

"International Coffee Organization - History." Interational Coffee Organization. 29 Oct. 2008 <http://www.ico.org/history.asp>.

"Major Coffee Producers." National Geographic (1999) 29 Oct 2008 <http://www.nationalgeographic.com/coffee/ax/frame.html>.

Richardson, Paul. "Speculator buying may push coffee beyond fundamental levels: analysts." The China Post. 18 Feb. 2008. 29 Oct. 2008 <http://www.chinapost.com.tw/business/africa/2008/02/18/143349/speculator-buying.htm>.