[?] Got Coffee
p. 41 · Read in the full issue
[?] For Limited Exports
[?] Got Coffee [?]d ucers Worried
By a Special Writer
r jt ast year the American-zone exporters the countries of [mericas and the Carribbean 2hed an agreement whereby would be a voluntary limita f exports to stabilise producer at a reasonable level. ler the system export quotas been fixed for each country ;rly and have resulted in the lolding of from 10 per cent, per cent, of the crop. plan is now (April) in its month of operation and has 3d in a carryover of about â– lion bags (each 132 lbs nett), >ut half of the total produc xpected in the current coffee l in this region. iJarch the producing countries vorking out a sales promotion o deal with this huge surplus, irding to London trade sources merican zone surplus is being /ated to some extent by con s holding back in the hope African producers, who handle 20 per cent, of world produc svill sell at rates substantially the agreed American zone London it is felt that the promotion plan will not have effect unless producers are red to accept lower prices, note that Brazil and Colombia ready showing signs of panic mounting carryover, and that sales can be boosted in some these countries are liable to away from the organisation ut prices. agreement on limitation of ;s has however, been signed he quarter ending June 30.
