According to legend, an Ethiopian goatherd hopped after eating coffee cherries and spring together with his goats. Coffee was a beverage for African tribesmen. Everywhere in the world is selling coffee. All 50 exporting countries rely upon coffee as a major source of income. Million of people depend upon it on living. A frost damaged half of the country’s three billion coffee trees. In 1979, frost hit Brazil again. Loss of a single tree means the loss of income on that spot for the three to five years it takes to replace it. 15 million trees were lost. Brazil stops all shipments of coffee. Farmers rush in to plant as prices rose. Coffee was too much and prices fall. Farmers tear up their plants and put in more stable crops. Producers and consumers agree that the only sensible solution is to limit output to what the market can absorb, have a reserve.
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