According to legend…
a goatherd found his flock frolicking munching on coffee cherries. He sampled a few and soon gamboling along. From humble beginnings for Africans, coffee was now drunk worldwide. Though coffee do not have nutrition, people drinks it daily. Frost damaged half of the country’s coffee trees. When frost hit again Brazil, they suspended all shipments and importers. As a result, Brazil’s actual losses fell far below the first dire predictions. Experts have long periods of low prices, short periods of high ones. When highs occur, farmers rush in to plant. Trees churn out beans when they start bearing. Overproduction causes prices fall so farmers plant their plants in stable crops. Disruption in coffee supplies starts the cycle all over again. Producers and consumers limit output to what the market can absorb and sell at prices reasonable to both sides. Quota system can limit the outflow of beans from producing nations.

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Labels: Package Three -- summary