COFFEE
PRICE RISE SEEN IN CIVIL WAR
American
Consumer May Have to 'Do Bit' for Brazil
Oct.
16, 1930
WASHINGTON
- The American coffee-drinker may be forced to "do his bit" to
suppress the Brazilian revolution, according to trade reports received here.
Assumption
of Federal control over Brazil's coffee exports, together with the drive of the
Southern rebels toward the great coffee-producing state of Sao Paolo, may cause
an upward trend of prices, experts believe. The United States, as greatest
consumer of Brazilian coffee, naturally stands to be affected.
Although
Brazil has surplus stocks of coffee which have depressed the world coffee
market for months, experts are informed that a relatively small percentage of
this coffee is at ports available for shipment, while the remainder is stored
at interior points, particularly in Sao Paolo.
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Ed's
Note: Coffee in Retrospect is a weekly column prepared by Coffee Monitor and Poor Farmer blog to provide context for the
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