Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Paulo, there is a threshold of pain there, and it varies among different nations or even producers within nations. Remember the old saying ? There is no better cure for low prices than low prices. Judy top notch analyst said that a long time ago. To have these declarations sends the market a red flag that says prices are not in the threshold of pain yet. So if there is oversupply, you can bet your bottom dollar that prices will go there. That is all I want to point out. Alarming bull because apparently there IS a dent on anticipated production. However if there is enough despite prices will go where it hurst, so much so that Procafe will be saying growers cant cope with costs for current production.