>
- … more than 22 million people around the world who produce the second most valuable lawfully traded commodity in the world: coffee.
- … coffee is grown in 50 countries around the world.
- the market for coffee has always been affected by temporary swings in supply because of changes in weather patterns and the ravages of war, labor strife and other cyclical events.
- … has increased growth in worldwide production of all types of coffee from 85.7 million bags in 1995/1996 to 117 million bags in 2001/02.
- lower prices, however, have not caused increased demand. … supply far exceeds demand on a global basis.
- the market, as virtually every knowledgeable authority would agree, remains clearly oversupplied.