A disease that attacked and killed more than half of Uganda's older robusta trees during the past 18 years is tapering, according to the nation's authority for developing coffee.
Bloomberg reports coffee wilt disease is a fungus that primarily attacks robusta trees. It killed 56 percent of 290 million trees that the nation had around 1993. During the past decade, Uganda lost approximately $500 million because of the scourge, according to an English development non-profit.
"Farmers have gained knowledge to identify, control and prevent the spread of the disease," according to an advertisement placed by the Uganda Coffee Development Authority in a publication called "New Vision."
At 2:16 p.m. on Thursday, coffee futures climbed 0.6 percent, a 0.018 cent gain to $2.7495 per pound.
The production of coffee in Uganda slumped to 2.7 million 132-pound bags last season, according to the coffee authority. The nation produced 4 million bags from 1996 to 1997.
"Field reports show a steady decline or total elimination of the disease in some parts of the country where farmers adhere to good agricultural practices," states the advertisement by the Kampala-based agency.
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