Starbucks acquires Costa Rican coffee farm

03/19/2013 | Wall Street Journal, The

Starbucks bought its first coffee farm on Friday, a 600-acre property in Costa Rica where it aims to develop new bean varieties and test methods for fighting a fungus called coffee rust that is threatening coffee-bean crops. "We are talking about doing innovative things we would not be able to do without this farm," said CEO Howard Schultz.

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