Bu­rundi’s cof­fee earn­ings dive on poor har­vest

Daily Trust - - REUTERS -

Rev­enue from Bu­rundi cof­fee ex­ports fell 64 per­cent in the 2013/14 crop year from the pre­vi­ous sea­son, fol­low­ing a poor cof­fee out­put, its in­dus­try reg­u­la­tor said yes­ter­day.

Cof­fee, the na­tion’s top hard cur­rency earner, gen­er­ated $23.8 mil­lion, sharply down from $66.3 mil­lion earned in the 2012/13 crop year, of­fi­cial data from reg­u­la­tor ARFIC showed.

The land­locked east African coun­try has ex­ported 9,890 tonnes of green cof­fee in this sea­son ver­sus 24,000 tonnes in the 2012/13 sea­son.

This quan­tity sold in the last har­vest is even lower than the 13,000 tonnes that was ex­pected, of­fi­cials said, blam­ing cof­fee grow­ers who are in­creas­ingly switch­ing to other crops such as ba­nanas and fruits, com­plain­ing about the vo­latil­ity of the com­mod­ity prices and lack of fer­til­iz­ers.

ARFIC projects cof­fee pro­duc­tion for April 2014March 2015 crop year to reach 21,000 tonnes due to good rains.

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