The Importance Of Coffee

Coffee People drink 225 billion cups of coffee a day. That is more that is more than 30 per person. (Avey) Why do people love coffee so much? Why is it such a valuable commodity? Coffee is a drink that has influenced world economy from the start. People have enjoyed the caffeinated drink called coffee for thousands of years and have spent their lives on perfecting and producing the many kinds of coffee.

There are Many different types of coffee all of which are grown differently. The two most prominent types of coffee are Robusta and Arabica. Arabica is a mild coffee with not as much caffeine. It is not very resilient to many diseases. Arabica beans need close to sixty inches of rain a year. It’s ideal temperature is between fifty-nine

Coffee is an incredible trade commodity and fuels many countries called coffee countries. (Francis) It is so valuable that around the world coffee is only sold less than Arabian oil. (Avey) The International Coffee Organization or ICO regulates coffee prices for inclines and declines and the world supply. It has operated since 1963 when it started. It also controls imports and exports. It was the united nations that created the ICO. Some “coffee countries” economies are half coffee exports. Before the ICO was created coffee producers set the prices. When the farmers tried to sell at one price the producer could change it in any way he wants because no one else would buy their beans. Coffee shops sold their coffee at much lower prices. some of the coffee countries started to lose money. These countries economies were crashing. The prices of coffee in 2001 were one third of the 1960’s prices. (Francis) New yorkers are rumored to drink seven times more coffee than every other city. Famed French writer Voltaire drank forty to fifty small French cups a day. Teddy Roosevelt drank one gallon a day. He was also rumored to have made up the “Good To The Last Drop” slogan. Without coffee financially the world would be very different.