{{Coffee Prices are expected to remain high in a short-term at the Nairobi Coffee Exchange NCE following the outbreak of Coffee Leaf Rust disease around the world.}}<\/p>\n
A severe outbreak of coffee leaf rust (CLR) disease has destroyed large swathes of crop in Guatemala, Nicaragua, Costa Rica, El Salvador and Honduras-leading to depleted supplies to global markets.<\/p>\n
Guatemala is the worst hit by the disease with the UN\u2019s Food and Agriculture Organisation (FAO) projecting a 40% drop in the country\u2019s coffee production 2013.<\/p>\n
The current epidemic, considered the region\u2019s worst ever recorded, followed abnormal rains in late 2012, coupled with inadequate control measures due to the high cost of fungicide.<\/p>\n
\u201cPreliminary estimates of the incidence of the epidemic indicate extensive crop damage, with early forecast pointing to a significant reduction in this year\u2019s production,\u201d the agency said.<\/p>\n
\u201cIt is likely that also the production of the 2014 would be negatively affected due to the severe defoliation in large growing areas and the need to replace the damaged plants.\u201d<\/p>\n
The effects of the disease outbreak in Central America have triggered a climb in global prices of the commodity thanks to a scramble for the available stocks.<\/p>\n
Traders and growers in Kenya have benefited from the price changes. Prices at the NCE mainly track after those in key international outlets such as the New York Futures market.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Coffee Prices are expected to remain high in a short-term at the Nairobi Coffee Exchange NCE following the outbreak of Coffee Leaf Rust disease around the world.}} A severe outbreak of coffee leaf rust (CLR) disease has destroyed large swathes of crop in Guatemala, Nicaragua, Costa Rica, El Salvador and Honduras-leading to depleted supplies to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-6976","post","type-post","status-publish","format-standard","hentry","category-business","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/6976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=6976"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/6976\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=6976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=6976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=6976"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=6976"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=6976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}