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Colombia’s Coffee Must Innovate To Overcome Production of 15 Million bags

By: Diana Delgado, Contractor

Colombia’s Coffee Must Innovate To Overcome Production of 15 Million bags

 
Author Full Name: Diana Delgado
Latin American correspondent
diana.delgado@stonex.com

Colombia’s Coffee Must Innovate To Overcome Production of 15 Million bags

Coffee Network (Bogota) – Colombia’s President Ivan Duque said the world’s third-largest coffee producer must innovate and must continue diversifying the offer to improve opportunities in Colombia to overcome the production barrier of 15 million bags of 60-kg in the long term.

The President explained that Colombia has a vision for a decade to improve opportunities in the sector with tools that make production more efficient. President Duque said Colombia is set to produce 13 million -13-5 million bags of coffee this year.

“I do not rule out as we have set it that very soon we will be able to overcome the barrier of 15 million bags with more positioning of Arabica beans that must be highlighted in international markets because of its flavor and so final consumers understands the difference between Arabica beans and Robusta beans,” explained Duque during the 89th national coffee summit.

To expand Colombian coffee exports, the government along with the growers federation attended the Expo Dubai where there is interest and appetite for the Arab Emirates to receive Colombian coffee, and that this will be a new gateway for other markets. Colombia has also carried out a phytosanitary diplomacy in South Korea and China that will allow to boost coffee exports there.

Finally, regarding what is expected in the short and medium term, Duque explained that tertiary roads for grain transportation will continue to be improved.

In other news, Duque is asking Congress to approve a law that seeks to stabilize the prices of fertilizers aiming to protect mainly small agricultural farmers including coffee growers, Colombian president Ivan Duque said during the 89th coffee summit.

According to the Agriculture Ministry, the market for agricultural inputs in Colombia moves around COP4.94 trillion a year ($1.23 billion) and to avoid large price fluctuations such as those registered this year, the government seeks to regulate them.

Of the COP4.94 billion in the market, COP2.37 trillion is traded in fertilizers, COP1.54 trillion is pesticides; and COP1.03 billion for veterinary drugs and vaccines.

This is how the Ministry of Agriculture and Rural Development, together with some congressmen, presented a bill that "seeks to protect the income of small and medium producers," Rodolfo Zea said.

According to the head of said office, it seeks to create the institutional framework to achieve the stabilization of inputs through price surveillance Likewise, it mulls the creation of a fund that will allow to directly support the producers in the purchase of agro-inputs.

“With this new bill we want to attack and avoid the market distortions that have been occurring around agricultural inputs. The idea is to formulate a comprehensive policy and establish a system that includes actors and conditions, which really allow solving the problems, ” Zea recently said.

Agricultural exports including those of coffee will reach an all-time record high in 2021. Colombia has 5.7 million hectares in agricultural products with allowed producing 33 million tonnes of agricultural products, including coffee.

In other news, coffee can enjoy a mechanism that is called Café Futuro Seguro, which will allow small coffee growers to sell their beans without intermediaries. In addition, they will secure long-term financing with low interest rates, Duque said.

By Diana Delgado

 
  • Coffee

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