Rwanda: Rising Prices Offer Rwanda's Coffee Sector a Boost

Rwanda: Rising Prices Offer Rwanda's Coffee Sector a Boost

When coffee prices shift on commodity markets in New York, the ripple effects reach as far as farmers in Nyamasheke, the largest coffee-producing district in Rwanda. A fluctuation in the U.S. can alter a Rwandan exporter's earnings and, ultimately, what a local farmer takes home.

Rising prices offer Rwanda’s coffee sector a boost

When coffee prices shift on commodity markets in New York, the ripple effects reach as far as farmers in Nyamasheke, the largest coffee-producing district in Rwanda. A fluctuation in the U.S. can alter a Rwandan exporter’s earnings and, ultimately, what a local farmer takes home. For instance, on January 15, the National Agricultural Export Development Board (NAEB) set the farm-gate price for high-quality coffee cherries at Rwf600 per kilogramme…