Despite the good intentions behind the call for a mandatory minimum price for coffee to improve farmers' welfare, the implementation faces numerous challenges. The complexity of the coffee market, with factors like inflation, varying production costs, and diverse economic conditions across producing regions, makes setting a universal price floor problematic. Critics argue that such a policy could distort market dynamics, lead to inefficiencies, and harm producers and consumers. While initiatives like Fair Trade have made strides, they still encounter issues, and a broader focus on sustainable practices, market diversification, and improved access to resources may offer a more viable path to support coffee farmers.
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