Each year, coffee companies make billions of dollars. Starbucks alone earned almost $5.8 billion in net revenues during the first three quarters of 2006.
Yet, for every cup of coffee Starbucks sells, poor farmers in coffee-growing countries like Ethiopia earn only about $.03. Even worse, while Ethiopian farmers grow some of the finest name-brand coffees in the world - think Harar, Yirgacheffe, and Sidamo - they don’t see the premium profits those names command among consumers.
Oxfam and a coalition of allies are asking Starbucks to sign this agreement. According to one coalition member, control of the name brands could increase Ethiopia’s coffee export income by more than 25 percent - or $88 million annually. This money could go a long way to help lift millions of Ethiopians out of poverty.
Poor farmers deserve a fair share of the profits. Send a letter to Starbucks visit: http://act.oxfamamerica.org/campaign/starbucks_newsletter