$71 Million for Guatemalan Coffee Growers

A number of coffee associations have reacted to the sector’s losses by requesting the activation of a $71 million Coffee Trust.

Wednesday, June 9, 2010

The National Coffee Association (Anacafé) agrees with the Federation of Coffee Cooperatives (Fedecocagua) that this is the optimal time for the government to activate this trust, after the eruption of Pacaya Volcano and Agatha tropical storm damaged plantations.

“Anacafé stated that to activate the fund, the Agriculture Ministry must first release the money”, reported Sigloxxi.com. “However, Fedecocagua argues that this is not necessary, as growers just need to be told where to apply for the funds”.

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