Economic crisis in the Huallaga river basin due to falling coca prices

Since April 1995, there has been a crisis of proportions in the Huallaga basin for various reasons: the overstocking of cocaine in international markets, the self-supply of coca leaf and PBC by groups in Colombian territory, and the effects of aerial interdiction. The price of a bushel of coca fell from the price of the best times (US$ 20) to less than half that amount. This economic crisis radically transformed the social and economic dynamics of the coca-growing region.