Coffee production in Colombia reached 13.41 million bags amid rising prices

Published 2024년 12월 4일

Tridge summary

Colombia's coffee production saw a significant surge, with a 21% increase in the past 12 months, reaching 13.41 million 60-kilo bags, as reported by the National Federation of Coffee Growers (FNC). This equates to a value of 14.2 billion pesos (around US$3.2 billion). The 2024 coffee prices have also improved, rising from US$1.88 to US$3.18 per pound, a good sign for the industry. The FNC is planning for 2025 at the 93rd National Congress of Coffee Growers in Bogotá, focusing on economic recovery and sustaining the growth momentum. There has been a notable increase in coffee plantation renewals in 2024, totaling 90 thousand hectares, the largest in the last eleven years. The FNC is advocating for continued government support for fertilization plans, while Finance Minister Ricardo Bonilla has emphasized the importance of formalizing coffee cooperatives to ensure sector sustainability.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Colombia's coffee production in the last 12 months reached 13.41 million 60-kilo bags, which means a 21% growth compared to the previous year. This was reported on Wednesday by the manager of the National Federation of Coffee Growers (FNC), Germán Bahamón, at the opening of the 93rd National Congress of Coffee Growers that began today in Bogotá, in which the association defines its plans for 2025. "It is an extraordinary achievement, it is a testimony to the resilience and adaptability of Colombian coffee growers and our association that has faced the challenges with determination and unity," said the executive in a press conference. Coffee production in Colombia On the other hand, Bahamón said that the value of the current coffee harvest was 14.2 billion pesos (about US$3.2 billion), a figure that not only benefits growers, but is a lever to move the country's economy. “With a figure that amounts to 14.2 billion Colombian pesos, we have registered a growth of 26%, and so far in ...

Source: Biobiochile