| Chanvez: Lets band together and form a Coffee | | | | high. He asked countries to control exports and to |
| Opec | | | | keep prices high. He stated his gourmet coffee teams |
| Venezuelan President Hugo Chavez has asked the | | | | must united for the good of all. Venezuela is a coffee |
| coffee producing countries to form a international | | | | growing country but is not a major player in the coffee |
| co-op as a means to control pricing. As for | | | | world. Venezuela produces three lines of coffee but |
| controlling pricing Chavez states the USA and George | | | | exports very little of it. Venezuela produces less than |
| Bush have taken advantage of the Latin American | | | | three percent of the worlds coffee and less than one |
| countries long enough and the café brothers need | | | | percent of the coffee exports. In reality no Venezuela |
| to band together to keep prices up. His passionate | | | | coffee to speak of is exported to the United States. |
| speech came amid reports that coffee production has | | | | Chavez called upon the coffee countries to follow the |
| far exceeded expected production reports which in | | | | model of OPEC in controlling the quality of coffee |
| normal market conditions will cause prices to drop. | | | | produces, the quantity of coffee produced and of |
| Furthermore Chavez called upon his Asian and African | | | | course the pricing of coffee. |
| brothers to band with them and to keep coffee prices | | | | |