Sa­muda wel­comes in­crease in cof­fee prices

Jamaica Gleaner - - SOCIAL SOMETHING EXTRA -

MIN­IS­TER OF In­dus­try, Com­merce, Agri­cul­ture and Fish­eries Karl Sa­muda has wel­comed news of an in­crease in the price per box of cof­fee. Mavis Bank Cof­fee Fac­tory Lim­ited has an­nounced that, ef­fec­tive last Tues­day, farm­ers will be paid $9,000 per box of cherry cof­fee.

The farm­ers will re­ceive a first pay­ment of $8,000 per box fol­lowed by a fi­nal pay­ment of $1,000 for each box. Prior to the in­crease, the farm­ers were paid $8,000 for each box of cof­fee.

Man­ag­ing Director and Chief Ex­ec­u­tive Of­fi­cer of Mavis Bank Cof­fee Fac­tory Nor­man Grant said the com­pany was still in ne­go­ti­a­tions with Ja­panese im­porters about the price of this year’s crop. How­ever, he said the in­crease in the price paid to farm­ers is due to im­prove­ments in the qual­ity of cof­fee this year.

The in­creased price will be paid by Mavis Bank and Wal­len­ford Cof­fee Com­pany, which to­gether pur­chase most of the Blue Moun­tain cof­fee crop.

Sa­muda said he was pleased that farm­ers were be­ing com­pen­sated for their ef­forts to im­prove this year’s crop.

He also com­mended Mavis Bank for rais­ing the price paid to farm­ers be­fore con­clud­ing their ne­go­ti­a­tions with Ja­panese im­porters.

Karl Sa­muda

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