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Ethiopia has overtaken Colombia as the world's third largest coffee producer
advertisement01/19/12
Ethiopia has overtaken Colombia as the world's third largest coffee producer
Ethiopia has overtaken Colombia as the world's third largest coffee producer
Forexpros - Coffee futures retreated on Wednesday, as concerns over ample global supplies were exacerbated after the International Coffee Organization forecast higher global production of the bean.
On the ICE Futures Exchange, Arabica coffee for March delivery traded at USD2.2535 a pound during European afternoon trade, dropping 0.66%.
It earlier fell by as much as 1.1% to trade at a session low of USD2.2338 a pound.
The International Coffee Organization said Tuesday that global coffee bean production was expected to total 132.4 million bags in the 2011-12 marketing season, up 3% from a previous estimate.
The upbeat production outlook reflected higher-than-expected output in Ethiopia, which has overtaken Colombia as the world's third largest producer after Brazil and Vietnam.
According to the ICO, the African nation was projected to produce approximately 9.8 million bags, an upward revision of close to 6 million bags. The ICO gave no reason for its massive Ethiopian upgrades.
However, the rise in Ethiopian production comes amid a government drive to more than double coffee output in the five years to 2015.
Ethiopia is Africa's largest coffee producer. Coffee exports account for nearly 40% of the country total overseas exports.
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20 comments
Comment from: Mengistu [Visitor]
Looks good! But the farmers should benefit from this.
01/19/12 @ 01:42
Comment from: OPSTION [Visitor]
no comment on this.. why C.Z its good news always bad news only make big story thanks to PM Mels ethio is changing for good ......G.B ETHIOPIA
01/19/12 @ 04:23
Comment from: TEDDY [Visitor]
What a JOKE !!!As if "FAKE STATISTICS" can feed the peoples !!!
Why not the "First Coffe Producer"
1000 times the production of Bresil !!!
Afterall the Money has once again
gone into Azeb Mesfin's pockets and to her Mafia gangs .
01/19/12 @ 05:16
Comment from: yoni [Visitor]
here we go...5 year GTP in action. Congrats all involved.
01/19/12 @ 05:56
Comment from: addis zemen [Visitor]
"KEEP AWAY FROM PEOPLE WHO TRY TO BELITTLE YOUR AMBITIONS, SMALL PEOPLE ALWAYS DO THAT, BUT THE REALLY GREAT MAKE YOU FEEL THAT YOU, TOO, CAN BECOME GREAT."
The small people of diaspora opposition, the likes of almaria & co. Always cry foul and try to hinder us, eventhough everyday they witness our progressive journey in every sector.
But, ofcourse the great ones, the likes of our visionary leader PM Meles Zenawi and the great personality sheik Alamoudi who believe in Ethiopia and Ethiopians keep on walking the walk literally and lead our march forward.
The small people of diaspora opposition, the likes of almaria & co. Always cry foul and try to hinder us, eventhough everyday they witness our progressive journey in every sector.
But, ofcourse the great ones, the likes of our visionary leader PM Meles Zenawi and the great personality sheik Alamoudi who believe in Ethiopia and Ethiopians keep on walking the walk literally and lead our march forward.
01/19/12 @ 06:38
Comment from: belew [Visitor]
@ Addis Zemen
Addis Zemen you just jump on any news with out realizing what it is about. PLF mafia did not produce the coffe the Ethiopian people did and they are robed by the leba goverment and that is why they pay to sit at the Ethiopian Embassy and monitor Nazret.com so you can bark like a dog who is feed by his master. In a few monthe you will be a skiny dog looking for tererafi after your master is gone.
Addis Zemen you just jump on any news with out realizing what it is about. PLF mafia did not produce the coffe the Ethiopian people did and they are robed by the leba goverment and that is why they pay to sit at the Ethiopian Embassy and monitor Nazret.com so you can bark like a dog who is feed by his master. In a few monthe you will be a skiny dog looking for tererafi after your master is gone.
01/19/12 @ 08:40
Comment from: heny [Visitor]
How many of us know what the abbreviation TEDDY refers to? Here it is:
T = turd
E = effeminate
D = dump
D = deadbeat
Y = yobbish
T = turd
E = effeminate
D = dump
D = deadbeat
Y = yobbish
01/19/12 @ 09:33
Comment from: addis zemen [Visitor]
Kodack filed for bankruptcy this morning, going out of business. After a long time keeping our memories, they are now a memory only.
The most intersting part is, they created the digital world and they themselves became the victims of the digital world.
The most intersting part is, they created the digital world and they themselves became the victims of the digital world.
01/19/12 @ 10:06
Comment from: ASMARA [Visitor]
u will see next the top coffee exporter is eri we working hard for that trust us
01/19/12 @ 14:51
Comment from: oc [Visitor]
Greedy Ag*mes find coffee export as lucarative businees so they snatched the export license from hard working ordinary citizens and gave it away to Guna and the rest of EFFORT Conglomerates. It is clear these Hayenas are monopolizing everything and don't leave room for other to function.
01/19/12 @ 16:01
Comment from: Solo [Visitor]
This news is going to make opositions' battle road to no where a very steep uphill one. I hope those blinded by the opositions' propaganda will open their eyes and say no to the destructors.
01/19/12 @ 16:59
Comment from: TEDDY [Visitor]
Hyena you're proving how you are fantising on Garbages :when you talk of Turd you 're indicating your
origin as Shabyan Ass Hole!!!!
Effeminate :Your feminine side as Dedebit than Gedariff prostitute specialised with Shabyan Guys and now Saudi Tycoons !!!!
Dump :You as Shabyan Garbage and reckages worst Tigre Donkey Mafiosis
dung !!!!
Deadbeat :Your speciality as TPLF parasite and cricket banda good for nothing than jerking and shiting on
your laptop !!!!
Yobbish:Your greatest speciality as
a THUGGY MORON BANDA !!!
And who is this guy ,the Dedebit lekami ,the Virginia and DC awedeldai ,Ye Shabya Gudaffi ,Ye Agazi Tebai ,I mean the Thuggy Parasite infecting this website the
dying touthless HYENA !!!!!
01/19/12 @ 18:14
Comment from: Derese [Visitor]
This is a good news for EFFORT, the economic wing of TPLF ,not to us Ethiopians. We have no doubt that Azeb and Meles are ready to stash portion of the earnings in their Malaysian bank account. These cancers are bleeding the nation.
01/19/12 @ 21:31
Comment from: TEDDY [Visitor]
Hey Hyena there's another Fake Statistic for Village Idiot like you"Ethiopia has become first Oil Producer of the world by having the double of the
Russian and OPEC countries productions !!" .Why not first Diamond producer ,and even new technologies Furnisher !!!Why not the "SUPER POWER " which USA ,China and even G7 countries are actually begging .Thanks of the Huge economic accomplishments of your Great Leader
"Melassegnaw Zerafew" .KERFAFA BANDA !!!Another JOCK ,Adgi Banda concerned by the Fate of Kodak Company ,why don't he ask his Leba
mistress Azeb to pay the bills for the poor Kodak Enterprise Workers !!
Victims of the Crisis !!!!
01/20/12 @ 03:00
Comment from: Mesfin B [Visitor]
To TEDDY.
thank you fro all your blogging on this site and giving these bunch of retards/ "ye ebet tiloch" TPLFites what they deserve. they deserve insult and eventually anihliation from the face of our motherland -Ethiopia.
This will come soon.
Beka
Beka
Beka
Ethiopian Spring Now.
United we shall have a democratic Ethiopia.
thank you fro all your blogging on this site and giving these bunch of retards/ "ye ebet tiloch" TPLFites what they deserve. they deserve insult and eventually anihliation from the face of our motherland -Ethiopia.
This will come soon.
Beka
Beka
Beka
Ethiopian Spring Now.
United we shall have a democratic Ethiopia.
01/20/12 @ 10:48
Comment from: Mehari [Visitor]
I heard once from some one that you are served on board Ethiopian Airlines is not Ethiopian but Colombian coffee?...and now what?
01/20/12 @ 15:20
Comment from: vic [Visitor]
Latest world production for 2012 shows Columbia at third place and Ethiopia at sixth after India.
01/20/12 @ 15:42
Comment from: TEDDY [Visitor]
For the Village Idiot Hyena Latest
world BANDAS ,LEFAFIS production .
TPLF Thugs Community on the First Place !!!!!!!!!!!!!!!!!!Looters ,corruptors ,smugglers Azeb Mesfin gangs on the First Place !!!!
Lies ,Propagandas ,Rumors TPLF Thugs
and Tigre Mafiosis Medias of Hates ,
ETV ,ENA ,Walta ,Ethiopiafirst.com(but in Fact Agazisfirst.com),Aiga ,
Adgi Zemen all of them on the first place !!!!
INJUSTICES !!!TPLF Kangoro Courts
on the First Place !!!!
01/20/12 @ 18:13
Comment from: Fred [Visitor]
I am not a big fan of cash crops in whatever shape or form they come. But I thought Vietnam's standing is more impressive than Ethiopia's.Vietnam started to grow coffee only in the twentieth century. Alas, its coffee farms prospered when Mengistu's wrongheaded agricultural policies killed them in Ethiopia. Chat (or khat) is the Ethiopian winner, although its damaging social effects are yet to be explored.
01/20/12 @ 19:21
Comment from: hale yusuf [Visitor]
This is the best news!!! in the past, 20 years ago news about Ethiopia was not good. war, hunger and more no good news thanks for smart leader like Meles,I wish we had him long ago.
01/22/12 @ 13:07
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