Farm Gate Price Hike for Jamaica Blue Mountain Coffee

The Xinhua website reported last October 20, 2016 that Jamaica Blue Mountain Coffee sees farm gate price hike

KINGSTON, Oct. 19 (Xinhua) -- International coffee dealers may need to pay more for Jamaica Blue Mountain Coffee, one of the most expensive coffees in the world, as leading processors have increased payments to the local farmers.

According to a release by Jamaica's Agriculture Ministry on Wednesday, the payment to farmers will be increased to 9,000 Jamaican dollars (69.81 U.S. dollars) per box from the previous 8,000 Jamaican dollars (62.05 U.S. dollars).

Under the new payment scheme which took effect on Tuesday, farmers will receive a first payment of 8,000 Jamaican dollars per box followed by a final payment of 1,000 Jamaican dollars a box.h The new payment was proposed by the Mavis Bank Coffee Factory and the Wallenford Coffee Company, which together purchase most of the Jamaica Blue Mountain Coffee crop, said the release.

Jamaica Blue Mountain Coffee cherries are sold by "box" to large processors. Each box is 60 pounds (27.22 kg), which can be processed into about 12 pounds (5.44 kg) of green beans, and further into only 9.6 pounds (4.35 kg) of coffee.

Jamaica Blue Mountain Coffee is a type of coffee grown in the Blue Mountains of Jamaica. Over the past few decades, this coffee has developed a reputation that has made it one of the most sought-after coffees in the world.


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