Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Off the bat I expect our Brazilian friends to comment on this. Orb, MoY, Maja, Flavio, what is done is done. I have been checking rain totals in the coffee districts and the lowest amounts seem to be about 30 mm. I am certain that this is enough to provoke massive flowerings for the belt within ten days. we should start to see pictures of these flowerings by then, and the market taking a closer look at the real potential post flower, which is still subject to revisions depending on the rain pattern the following two months.
Please, no comments arguing about no rain or little rain. It is a fact that it did rain in sufficient quantity for flowering. We should keep an open mind. I think that the market had pretty much discounted this rain already as we don´t see much follow through selling here.
Although anyone can comment whatever I should probably not say that, but let´s keep up the credibility here.