LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

November 22, 2023

How Much Does El Niño Threaten Coffee Crops?

The El Niño weather phenomenon could take a toll on coffee yields in the coming months. // File Photo: Colombian Government.

Q

A

Ivette Perfecto, Bunyan Bryant Collegiate Professor of Environmental Justice at the School for Environment and Sustainability at the University of Michigan: “Coffee farmers are currently facing a significant challenge, which is not just limited to the adverse effects of El Niño or climate change. One of the major problems lies in the financialization of coffee, which causes price volatility, making it difficult for farmers to plan their income. However, the biggest issue for farmers is the declining percentage of revenue they receive from the amount consumers pay. Meanwhile, the profit margins at the sourcing and roasting levels continue to increase. Despite a slight increase in coffee production, there was a world market deficit of coffee last year. With El Niño and climate change affecting yields, the international market price of coffee is expected to rise. However, farmers are unlikely to…”

Top News

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Colombian state oil company Ecopetrol said Tuesday that it is considering gas imports from Venezuela starting late next year.
Lula Wants E.U.-Mercosur Deal Within Weeks
Brazilian President Luiz Inácio Lula da Silva said Tuesday that he wants a trade deal between the European Union and the Mercosur trade block to be finalized before Brazil hands over Mercosur’s presidency to Paraguay next month. // File Photo: Brazilian Government.

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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