U.S. corn farmers wary of vomitoxin, latest stress on global grain supplies


BOGOTA, Dec 2 (Reuters)Roberto Velez, head of Colombia’s national coffee federation, announced his resignation on Friday after leading the organization for seven years.

Velez’s resignation followed a recent coffee congress in Colombia during which he presented historic results that saw crops valued at 14.5 trillion pesos ($3.03 billion) and exports worth more than $3.74 billion.

“This decision to step aside opens a space so that, in harmony with the current government, the federation can continue working for the well-being of the 540,000 coffee-growing families in the country,” Velez said in a statement.

He did not give reasons for his resignation.

Velez’s resignation will be followed by an orderly succession process, he said, during which the national congress of coffee growers will elect a new federation head in the coming months.

Colombia is the leading supplier of washed arabica coffee. The federation sees production reaching almost 12 million 60-kg (132-lb.) bags in 2022.

(Reporting by Luis Jaime Acosta; Writing by Oliver Griffin; Editing by Jan Harvey)

((Oliver.Griffin@thomsonreuters.com; +57 304-583-8931;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Image and article originally from www.nasdaq.com. Read the original article here.

By Reuters