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| 5/29/2009 12:00:00 AM

Colombia says fulfilling coffee export contracts

May 29 -- Colombia will fulfill its coffee shipment contracts despite scarcities and delays in deliveries and has 600,000 60-kg bags in inventories to cover its exports, the National Federation of Coffee Growers said Friday.

Colombia, the world's No. 3 coffee producer, has seen its exports and output shrink so far this year, hurt by heavy rains, lower fertilizer usage and a program to replace older trees with new, more productive ones.

"The federation has not failed to fulfill any contract and it will not do so. Colombia fulfills its obligations," federation director Gabriel Silva told reporters, adding that there had been some delays in coffee shipments.

Read more here.
 
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