The coffee prices they continue to increase both locally and internationally. As indicated by the National Federation of Coffee Growers, this Monday the price of domestic cargo hit record highs and reached $ 1,997,000, making it the highest price this year.
The previous maximum was registered last Friday when the price of the internal cargo in Colombia rose 3.7% to $ 1,972,000. This year the price of internal cargo has earned more than 80%, taking into account that the year began with a charge of $ 1,066,000.
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As the manager of the Federation of Coffee Growers, Roberto Vélez, has repeatedly pointed out, “These price levels help the family economy of the producers, They help to compensate for something that we have been complaining about and that is the increase in the prices of fertilizers. In the last six months, the price of urea has grown 28%, the bar 40%, that is to say, the cost of fertilization has been rising and a better income helps to shovel these costs to be able to continue with the activity “.
The rise in the prices of coffee shit is due, among other things, to the fact that “Brazil, the largest coffee producer in the world, is facing a drop in production due to drought and frost that damaged crops and Vietnam, the second supplier, also experiences problems with deliveries, while Colombia suffers the consequences of heavy rains. “
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It should be noted so far in 2021, production is 10.1 million bags, 6% less compared to 10.7 million in the previous period.
According to the Federation, in the last 12 months (November 2020-October 2021) the production it fell 5% to 13.2 million bags, from almost 13.9 million in the same previous period.
Exports in the current year (January-October) grew 2%, exceeding 10.1 million 60-kg bags of green coffee. in front of the most de 9.9 million exported in the same period of 2020.
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