Coffee and the brazilian economy in 1955-56

Abstract

Regulations covering the new coffee crop have now largely been completed. The Bank of Brazil set the first part of the new 1955-56 pattern by fixing the loan basis for Santos type 4 at ports at Cr$ 1,950 per 60-kilo bag, with discounts for other grades and location. This new loan basis was Cr$200 below that in effect in the past season and equivalent to US$.40 per pound.