Farms.com Home   Ag Industry News

How much coffee can $14 million buy?

A 20-acre farm’s worth

By Diego Flammini
Assistant Editor, North American Content
Farms.com

When needing change for coffee, sometimes checking between the couch cushions is a good place to start. Trying to find enough money to buy an entire coffee farm however, might require more financing.

Kona Joe Coffee, a 20-acre, family owned coffee farm on the Kona Coast of Hawaii’s big island, is for sale with a price tag of $14 million according to Pacific Business News.

The farm is currently owned by Joe Alban, an orthopedic surgeon, and his wife Deepa, an artist. The property is also one of the world’s first trellised coffee farms, meaning the plant can grow on wires and help expose it to sunlight.

Coffee plantation

Eighteen of the property’s 20 acres are filled with Kona Coffee trees with irrigation and trellising. A 12,000-square-foot processing and roasting plant, commercial kitchen, dry mill, office, retail store, climate controlled storage and outdoor staff kitchen are also located on the farm.

The buyer will also receive a 1,368-square-foot home and three mobile homes to for seasonal migrant workers to stay in.

According to worldatlas.com, the top 10 coffee producing countries as of 2014 are:

10. Guatemala
9. Uganda
8. Mexico
7. Honduras
6. India
5. Ethiopia
4. Indonesia
3. Colombia
2. Vietnam
1. Brazil


Trending Video

LALEXPERT: Sclerotinia cycle and prophylactic methods

Video: LALEXPERT: Sclerotinia cycle and prophylactic methods

White rot, also known as sclerotinia, is a common agricultural fungal disease caused by various virulent species of Sclerotinia. It initially affects the root system (mycelium) before spreading to the aerial parts through the dissemination of spores.

Sclerotinia is undoubtedly a disease of major economic importance, and very damaging in the event of a heavy attack.

All these attacks come from the primary inoculum stored in the soil: sclerotia. These forms of resistance can survive in the soil for over 10 years, maintaining constant contamination of susceptible host crops, causing symptoms on the crop and replenishing the soil inoculum with new sclerotia.