Originally posted by: 0roo0roo
http://www.organicconsumers.org/starbucks/
ABOUT FAIR TRADE COFFEE
? Many coffee farmers receive prices for their harvest that can be less than the costs of production, forcing them into a cycle of poverty and debt. They are often forced to sell to middlemen who pay them half the market price, generally between 30-50¢ per pound. Fair trade coffee sells for a minimum of $1.26 per pound. This money goes directly to coffee farmers, not to predatory middlemen.
has bothered me for a while. if all the ranting about farmers selling below the cost of production is true, why do we have a coffee glut? shouldn't all the years of losing money basically kill off the industry? either the lenders are giving unlimited loans, or the farmers aren't poor, because poor farmers wouldn't last long losing money....