Colombia Coffee Group Says Price Stabilization Fund Almost Ready

  • Fund announcement as soon as June, operation from 2017: Velez
  • Mechanism to moderate price drops, won’t create floor: Velez

A new fund to stabilize the price that coffee farmers in Colombia receive for their beans may be announced as soon as next month and start operating in 2017, potentially protecting farmers and allowing them to produce profitably at lower international prices.

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