BBC NEWS | Business | Why cheap beans don't make cheap coffee (#)
„The fixed costs account for a large proportion of the price paid by consumers in the UK, while the fluctuating world price for coffee is but a small part of the total. In addition, the big coffee processors, like for example Kraft, Sara Lee, Procter & Gamble and Nestle, will hedge their risks using financial futures contracts, and this will stabilise the prices they pay for green coffee. So what are the reasons for the fluctuation in world coffee prices? When the supply of coffee is great, the world price of coffee falls, sometimes to levels below the actual cost of growing coffee.“
http://news.bbc.co.uk/2/hi/business/1307081.stm - Cached
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BBC News | BUSINESS | Coffee farmers 'face destitution'
„The BBC's Elaine Parke"The price of beans internationally has slumped" real 56k Sergio Amaral, Assoc Coffee Producing Countries"We are going to reduce supply" real 56k The BBC's Helen Wade "The market for coffee is big business but it seems that market is now in crisis" real 56k Wednesday, 16 May, 2001, 11:03 GMT 12:03 UK Coffee farmers 'face destitution' Top prices are charged for coffee in the high street Millions of coffee farmers in developing countries are living in extreme poverty while business corporations in the industry continue to make record profits, according to a report published by the international development charity Oxfam. The report comes ahead of the first World Coffee Conference, a three-day gathering of leading figures in the industry in London, which begins on Thursday. Oxfam fails to address the fundamental economics of the coffee market in the long term British Coffee Association Oxfam is concerned at the growing disparity of wealth between different parts of the coffee industry, following a 60% drop in the value of the crop on international commodity markets in the last three years. The British Coffee Association has dismissed the report's findings at "too short term." Rich versus poor Oxfam says that, in real terms, coffee prices are lower than they have ever been.“
http://news.bbc.co.uk/hi/english/business/newsid_1333000/ 1333204.stm
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„Coffee FactsCoffee beans grow on small trees .It takes the annual yield of one tree to produce one pound of roasted beans.Coffee beans are grown in subtropical regions around the world.The biggest growers are Brazil and Columbia.Commercial coffee crops are of two main types: Robustas and Arabicas.Robusta coffee has twice as much caffeine as Arabica.It takes about 40 beans to make an espresso.Jamaican Blue Mountain coffee beans are the most expensive in the world.Coffee beans of several types are roasted together to produce appealing flavours.Coffee can be used as a breakfast drink (or as just plain breakfast), with a luncheon snack, or for after-dinner with desert. Not only does it wake you up and keep you going, but the smell also invigorates the room that you are in. However, coffee does not have to be taken alone: there are a myriad of coffee snacks, which enliven the experience.“
http://www.bbc.co.uk/dna/h2g2/alabaster/a1675
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BBC News | SCI/TECH | Coffee crisis in Ethiopia
„He said Ethiopian government plans to protect three forest fragments have foundered for lack of cash. Arabica beans are so widely used they are the most valuable international commodity after oil. Most of the coffee is grown on plantations outside Ethiopia from a handful of cultivated varieties created from a few individual bushes. But these plantations are at risk from disease, such as the coffee rust that hit Brazil in the 1970s.“
http://news.bbc.co.uk/hi/english/sci/tech/newsid_800000/ 800356.stm
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BBC NEWS | UK | Wales | Fair trade coffee campaign for city
„"We are in discussion with Oxfam on the whole issue. "Reports and submissions will have to be made before any firm decision can be taken." Oxfam claims there is a crisis in the world coffee industry and the launch in Swansea is part of the charity's 'Coffee Rescue Plan'. Lower prices Craig Owen, from Oxfam Cymru, said: "Massive overproduction has pushed prices down to an all-time low with 25 million coffee producers facing ruin. "Four large coffee companies buy nearly half the world's crop and make huge profits but we calculate only around 5% of the retail price reaches the farmer.“
http://news.bbc.co.uk/2/hi/uk_news/wales/ 2266190.stm
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BBC SPORT | OTHER SPORTS | Simoni wins after Bonjour blow
„Saturday, 9 June, 2001, 16:49 GMT 17:49 UK Simoni wins after Bonjour blow Simoni is virtually assured of clinching overall victory Click here for results Gilberto Simoni of Italy consolidated his overall lead by winning the 181km 20th stage of the Giro d'Italia in impressive style on Saturday. Simoni, who rides for the Lampre team, maintained an aggressive solo breakaway to win. The Italian was bolstered by the absence of his principal rival Dario Frigo, who withdrew in shame on Friday after police found illegal drugs in his hotel room.“
http://news.bbc.co.uk/sport/hi/english/other_sports/.../ 1380205.stm
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