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Prior to fair trade, prices were regulated by the International Coffee Organization according to the regulations set forth by the International Coffee Agreement of 1962. This agreement, which was negotiated at the United Nations by the Coffee Study Group, set limits on the amount of coffee traded between countries so there would be no excess ...
Equal Exchange coffee beans. Equal Exchange is a for-profit, Fairtrade, worker-owned cooperative headquartered in West Bridgewater, Massachusetts. Equal Exchange distributes organic, gourmet coffee, tea, sugar, bananas, avocados, cocoa, and chocolate bars produced by farmer cooperatives in Latin America, Africa, and Asia. Founded in 1986, it is ...
During the nadir of the recent coffee crisis (2001–2003), prices reached record low levels (49 US cents/lb according to the ICO indicator price, April 2001) and left many producers in very difficult conditions. By 2003, the idea of sustainable coffee was starting to become a common topic at conferences, in research, and in policy discussions.
Earlier this week, the Wall Street Journal reported that raw Arabica coffee prices soared to a record high of nearly $3.44 per pound, which beat the prior record of $3.35 from 1977.
The higher price tag of organic coffee can be attributed to many varying factors, one of which is ethical concern. A study done in South Korea used the Theory of Planned Behaviour (TPB) to assess what motives were behind the choice of organic coffee and explored the concern for ethics here. [12] The findings of this study showed that consumers ...
The U.S. International Trade Commission estimates that 60% to 70% of coffee that is produced is Arabica. Coffee prices hover around record highs after extreme weather in key growing regions Skip ...
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