Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Exactly, my point. The market is able to see right through producers intentions. In fact, I have seen price rallies with some dumb excuse come about when the real deal was that the industry was noting disappointment in producers which threatened the production goals to meet demand. Rallies for enthusiasm with new plantings happen way before production is reduced. Sentiment has more to do with it than anything else. That is why traders like ANTI mock producers complaints when they see that in reality they are still making money and aiming to produce more.