Coffee touched $ 2 per pound, one of the highest price indices achieved in 2009. The product is holding up and that price not seen since May, when average was $ 2.07 per pound.
In general, high prices of grain in the world market have been pressured, indirectly by Colombia, with exports in 2009 will be lower in three million bags, from 11.5 million in 2008 to 8,100,000 bags of 60 kilos, well below the initial estimate of 12 million bags.
Meanwhile, domestic producers have also had good news, because between the first Tuesday of December and January 5th the domestic price of buying the bag of coffee export of 125 kilos recorded in Armenia rate up to 70,000 pesos, going of 620,500 pesos to 690,500.
During the last month reached more than 700,000 paid in pesos more of the 15 departments coffee, the report of the Federacafé.
Now, the expectation for the civil year (January to December) and coffee (it closes at 30 September) are best, as it is expected that coffee production is normalized with the entry of new areas renovated, which is estimated better production and productivity.
This, directly, will continue to be paid the premiums for the best quality of Colombian coffee and recover the world coffee market.
Another of the expectations of coffee, which is impossible to control, is the devaluation of the Colombian peso against the U.S. dollar. For example, in the last month has gone from 1,998.45 pesos per dollar, to 1,992.50, but has reached the cap of 2,054 pesos (December 21).