Ethiopia’s coffee exports hit record high

Ethiopia’s coffee exports hit record high

The NewsEthiopia’s coffee exports revenue surged to $1.87 billion over the last 10 months — a new record for the commodity as arabica bean prices surge due to poor production this year in Brazil, the world’s top coffee producer. The milestone exceeded the country’s target by 142%, East African Agrinews reported.The surge reflects the sustained rise in arabica prices, as well as the Ethiopian government stepping up its “support to smallholder far…