Wednesday, March 21, 2012

Brotherhood of the Bean

Brotherhood of the Bean

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Tanzania coffee prices fall as season reaches end

Posted: 20 Mar 2012 10:01 AM PDT

DAR ES SALAAM (Reuters) – Tanzania has revised downwards its coffee output for this season and prices fell sharply at last week's auction, hurt by low quality beans at the end of the season and declining arabica prices at the world market, the regulator said on Tuesday. The state-run Tanzania Coffee Board (TCB) lowered its estimate for the 2011/12 (June/April) crop to a yield of 35,500 tonnes …
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