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Coffee is the second most valuable legally traded commodity on Earth (after oil) with global retail sales of coffee estimated to be $70 billion. Of this approximately $6 billion finds its way
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Business Economics -1- Coffee Botany and Ecology Coffee is a woody, perennial evergreen dicotyledon belonging to the botanical family Rubiaceae, which contains some 500 genera and over 6000 species1. Most of these are trees and shrubs which grow in the lower storey of tropical forests. Coffee is by far the most important member of the family economically, of which two species are traded widely: * Coffee arabica, referred to as "Arabica", which accounts for between 60% and 70% of world production. * Coffee canephora, referred to as "Robusta", which comprises 30% to 40% of world production. Two other species which are grown on a much smaller scale are Coffee liberica ("Liberica" coffee) and Coffee dewevrei or Coffee excelsa ("Excelsa" coffee), both of which are traded, but to a very limited extent. Arabica: Original Arabica strains generally produce good liquors with acidity, and have the greatest flavor and aroma...
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