Coffee summary.

According to legend, an Ethiopian goatherd found his flock frolicking about after tasting a few coffee cherries, he too took his share and soon enough was acting like his flock. Coffee was just a simple food and beverage for African tribesmen. Now it is found in large quantities worldwide, and very valuable in terms of trade. All countries exporting coffee rely on it as main income. Additionally, many drink it a lot and depend on it for living. In 1979, Brazil encountered frost again, where every tree lost its yield, as a result of no income for three to five years. Brazil had to stop coffee exportation. Afraid of shortage, Importers bought in bulk. There was an increase in cost, so farmers planted more, resulting in falling of price. Other crops were replaced with coffee. Producers and consumers limited production due to markets’ requirement, have a reserve and sell at a reasonable price.

153 words.