Coffee Farmers May Need 3 Years to Increase Supply, Lingle Says
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Coffee farmers may need two or three years to boost production, according to Ted Lingle, co-founder of the Coffee Quality Institute in Long Beach, California.
The increase will lead to lower prices, Lingle said in an interview at a coffee conference today in Arusha in northern Tanzania. Arabica coffee prices have jumped 8.8 percent this year because of crop damage in producing countries such as Colombia.