Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
there are some new facts on the market, in the part of Brazil the harvest of 2017/18 is well advanced, more than 75%, and this is disappointing as to quantity.
Maybe it will be 10% lower than the initial forecasts, and this because of worse granulation, empty fruits, the reasons are lack of water at the right time.
I assure you that it will be less than 43 MM of bags.
Alf commented on the possibility of not raining in Brazil in the next 60/90 days, we are in a fairly dry winter, it rained a little at first, then stopped, if Alf's forecast or concerns confirm, forget about Brazil's super harvest for 2018 / 19.