Coffee Employs 8.4 Million People in Brazil

    Brazilian President Luiz Inácio Lula da Silva pointed out that 70% of the coffee harvested around the world comes from properties with less than 10 hectares and engages over 25 million people in 60 countries.

    In Brazil, coffee is responsible for annual revenues of US$ 2 billion and employs 8.4 million people. Coffee plantations, divided among 300,000 growers in 14 states, cover 2.7 million hectares.

    According to Lula, the government has already made US$ 555 million (R$ 1.259 billion) available in 2005 to pay for the financing, operating costs, and commercialization of coffee, and he guaranteed that this support will continue next year.

    "So that coffee growers will not be at the mercy of contingencies, the ups and downs of commodity exchanges, thus being able to sell their product at fairer prices," Lula underscored during his remarks, Saturday, September 24, at the Second World Coffee Conference, in Salvador, Bahia.

    He recalled that Brazil is the world biggest coffee producer and is on its way to becoming the world’s biggest coffee consumer, a position currently held by the United States.

    According to the president, coffee is the planet’s second most important commodity, after petroleum. He affirmed, however, that, unlike petroleum, coffee production involves a huge number of small farmers.

    Lula also remarked that the reorganization of the international coffee market "is a chapter in the struggle for fairer world trade."

    In his view, it is necessary to build the political foundations for a fairer division of profits and make an effort to assure thousands of farmers a better quality product and a better quality of life.

    "We are experiencing a crossing in quest of a greater world alignment between supply and demand, to ensure a new price recovery cycle. We cannot delude ourselves, however. The market’s structural disequilibrium has dragged on for nearly a century.

    "A new dynamic favoring the producers will only be consolidated when the internal asymmetries of a business responsible for over US$ 90 billion annually have been corrected," he observed.

    Agência Brasil

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Short story

      O Alienista The alienist could barely hide his astonishment; he confessed he expected ...

    Brazilian Guido Mantega

    Stop Complaining on a Full Stomach, Brazil Tells Businessmen

    The financial sector in Brazil is complaining for nor reason, says Guido Mantega, the ...

    Miss Bumbum, Rosana Ferreira

    Brazil Chooses Miss Bumbum, a Tribute to the Country’s Favorite Female Anatomy Part

    Hundreds of Brazilian women turned out for the Miss Bumbum “best buttock” competition. “These ...

    Bitter Defeat for Brazil’s Lula in Congress

    For the first time in the recent history of the Brazilian Parliament, the Chamber ...

    How Door-to-Door Sales Made Cosmetics Firm Natura into a Giant in Brazil

    Countries all over the world are interested in taking the Brazilian brand Natura, leader ...

    Brazilian women protest against Bush

    Will the Sudden US-Brazil Romance Last? It Will Depend on Terror Factor

    In the several pound issue of last Sunday’s Washington Post (3/11/07), President Bush’s Latin ...

    Fed Chief’s Comments Scare Off Brazilian Investors

    Brazilian stocks retreated on concerns that the U.S. Federal Reserve’s interest-rate hiking cycle will ...

    Abbott Blinks First and Brazil Gets Its AIDS-Drug Discount

    Some 23,000 people in Brazil use the AIDS drug, Kaletra, made by the Abbott ...

    A Great Time to Be Capitalist in Brazil

    Increase in revenues, reduction of debts and record profits. Facts like these were part ...