Wednesday, May 4, 2011

coffee climbs

Arabica coffee has been one of the most outstanding performers among agricultural commodity markets in recent years which should be at least encouraging to local growers. Coffee growing in Australia is not significant on a global scale, but it may be an example of the diverse agricultural potential of the Far North as food prices become a global issue. With a thriving cafe and coffee culture it's growing component of local food tourism.

Allen Sandersen, from the University of Chicago, has a satirical take on the economics of diversification & protectioon policies with a declaration of coffee independence for the USA.

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