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The
Coffee Crisis
In more than 50 countries around the world, 25 million coffee
farmers and their families
face deep poverty and misery due to a drastic fall in world coffee prices.
The price paid to farmers has fallen by more than 70% over the past five
years. Taking inflation into account, families are earning less for their
product than their ancestors did 100 years ago.
This crisis
has been brought on by a worldwide oversupply of coffee that allows coffee
corporations to buy beans at rock bottom prices - prices so low that they
don't even begin to cover the costs of production. This means that
many farmers in the third world
are poor and are getting poorer.
Fairtrade
- Not Aid
The idea behind Fairtrade is simple: coffee and tea farmers in the
developing world have the right to a decent standard of living, and to be
treated as equals by consumers in the West. The farmers do not need aid to
achieve this; they need only to be paid a fair price for the goods they
produce. In the current climate
Fairtrade has become a lifeline for many producers.
At
the heart of Fairtrade is a central principle: a commitment to pay farmers
a fair price – one that covers costs and is stable. For example Arabica
coffee bean farmers are paid a minimum of $1.26/lb which is well over
double the market price. Fairtrade
makes a real difference to people’s lives. It challenges the
conventional mode of trade, and offers a progressive alternative for a
sustainable future.
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