Nick Brown from Daily Coffee News reports:
A world leader in high-quality organic Arabica coffee production, Peru has struggled to rebound from the leaf rust outbreak that peaked there in 2014, affecting nearly half the country’s coffee farms.
A fundamental part of this struggle has been the fact that as coffee production costs have risen, country-wide export prices have declined for four straight years, from approximately $1.82 per pound ($4.03 per kilo) in calendar year 2014 to $1.31 per pound in 2017, according to the latest annual report on the Peruvian coffee sector from the USDA’s Global Agriculture Information Network (GAIN).
Full article here.