C Contract or NYKC
It covers mild Arabica coffee and allows delivery of coffee from 19 producing countries. Some of these coffees are traded at the basis price, while others are traded at differentials higher or lower than the basis price.
Per capita consumption
Average amount of coffee consumed by one person in a period of one year.
National Coffee Growers Congress
It is the highest authority of the FNC. It is made up of the delegates from the departments where the departmental committees of coffee growers operate, who are chosen in six jurisdictions by direct vote of federated coffee growers, every four years, in the FNC elections. An alternate is elected for each principal delegate. The […]
Conchita
The coffee plant from the moment that the first two leaves are completely separated.
Community
Strengthening the social fabric of coffee regions is an integral part of our mission. Through programs that benefit entire coffee-growing families and communities, we create a model of sustainable development and legitimize our collective action. Our purpose is to manage projects that highly impact rural communities.
Commodity Agreement
Agreement generally entered into by nations, covering the production and distribution of products whose stocks exceed normal demand in the world. Such agreement may include provisions for control of production, exports, prices, creation of reserve stocks and the means for expanding existing markets.
Commodity
A product or good demanded by the market and traded without qualitative differentiation in buying and selling operations. This term generally refers to physical goods that constitute basic components of more complex products.
Commission merchant
Person or firm that receives coffee on consignment for sale in a consumer country.
Commercial year
Twelve months of 30 days each.
Municipal Coffee Grower Committees
Created in 383 municipalities of the country, they are made up of coffee growers elected in each municipality to discuss common challenges and priorities and transmit them to the respective departmental committee.