Coffee Traders' Forum - A Discussion about Coffee Futures Trading
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I am sorry but the wording of the news is difficult to perfectly understand for me.
Is it saying that production will be 30% lower than 45.56 million bags?
Or is the 5-10% already calculated into the 45.56 mio bags, so only -20% to -25%?
If so how can production be larger than was estimated by CONAB, which it says to be 45,56 million if they only calculate 5-10% damage by Broca.
I am just lost in this, could you help me understand it?