Coffee price pleases P.N.G.
NZPA-AAP Port Moresby Papua New Guinea’s coffee growers, many of them small village producers, are facing the happy prospect of a big jump in their earnings this year. The country’s total income from coffee is set to rise from kina 111 million ($215 million) to as much as kina 200 million ($389 million) because drought has severely reduced the Brazilian coffee crop.
The International Coffee Organisation has increased Papua New Guinea’s quota from 633,000 bags, to 690,000 bags tor the 1985-86 coffee y&ar. Ana if quota restrictions
are further eased or dropped Papua New Guinea’s Coffee Board believes that it could sell 850,000 bags. The Brazilian drought has increased the average price a tonne from kina 2500 ($4795) to kina 4000 ($7781).
About 70 per cent of the country’s coffee is produced by small holders. They are paid cash by roving coffee buyers. Average income averages between kina 300 and kina 500.
The remaining 30 per cent of production is grown jOn locally and;, foreign-owned large es-j» tates. * ' ”
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Press, 30 January 1986, Page 12
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172Coffee price pleases P.N.G. Press, 30 January 1986, Page 12
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