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Re: 2.5 Mil A Month Aint Gonna Cut It *PIC*

Alf,

It is worth noting that even with a "large" 2016/17 harvest, with the sale of all the government stock (1.6 MM), the inventories of passage were very small, and see that Brazil decreases exports.

So I see that with the lowest harvest this year and with this news of decrease at the end of the harvest, I think that this year's production from Brazil can be in the range of 41/43 MM of bags.

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2.5 Mil A Month Aint Gonna Cut It
Re: 2.5 Mil A Month Aint Gonna Cut It
Re: 2.5 Mil A Month Aint Gonna Cut It *PIC*
Re: 2.5 Mil A Month Aint Gonna Cut It
Re: 2.5 Mil A Month Aint Gonna Cut It