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Fair Trade CoffeeCoffee is the most traded commodity in the world after oil and illegal drugs. However during the past decade, prices paid to coffee farmers fell to a 30-year low with as little as 3 cents from a $3 cup of coffee reaching the farmers who grew the beans. Worldwide, 25 million small-scale farmers and their families have been affected. 1 This is to be contrasted with continuing profits in the billions, for companies such as Nestle, Kraft and Sara Lee. In 2010, Nestle, the worlds biggest food company, recorded a net profit of 34.2 billion francs (AUD $34.8 billion), three times the 10.4 billion francs it earned in 2009. 2
1 www.globalpovertyproject.com/howto/buy_fair 2 http://www.rte.ie/news/2011/0217/nestle-business.html Loading...
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