# Confronting Colombia’s Coca Boom Requires Patience and a Commitment to the Peace Accords - WOLA

> Coca cultivation in Colombia appears to be at or near record levels, with US estimates for 2015 at 159,000 hectares and a 2016 figure possibly exceeding 180,000 hectares. Growth is concentrated in areas where government presence is limited, and armed groups set coca prices. Coca is often more profitable and steadier than legal crops for farmers.

- Date: 2017-03-13 · published 2017-03-13T12:00:00.000Z
- Category: geopolitics · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/72280-confronting-colombia-s-coca-boom-requires-patience-and-a-commitment-to-the
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Coca's profitability relative to legal crops shapes land use in Colombia, but it has negligible direct impact on feed commodity markets.

## Sources

- wola.org: https://www.wola.org/analysis/confronting-colombias-coca-boom-requires-patience-commitment-peace-accords/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
