Global coffee prices have surged due to extreme weather affecting major producers like Brazil, Vietnam, and Indonesia, causing both concern and opportunity in the Philippines.
While consumers face higher prices, local farmers are benefiting from increased farmgate prices—up 51% year-on-year—driving coffee output value to P6.1 billion.
The Department of Agriculture sees this as a chance to boost production and has increased support through the High-Value Crops program and the Competitiveness Enhancement Measures Fund (CEMF).
However, rising global prices could weaken safeguard duties on imports, which threaten local competitiveness and reduce funds for farmer support.
Stakeholders are now pushing for legislation like the Philippine Coffee Development Act to secure long-term, guaranteed funding for the industry.
Source: PhilNews24 | April 6, 2025
